| NAV | $24.27 | Daily Change | $0.23 | 0.96% |
| Market Price | $24.18 | Daily Change | $0.38 | 1.60% |
Wages and purchasing power have risen throughout emerging markets (EM) at unprecedented rates. In 2022, EM economies accounted for 55% of global consumer spending – a segment that could exceed $6tn annually by 2027.1
EMC’s portfolio managers have extensive track records in actively managed emerging market strategies.
In a single trade, EMC delivers access to dozens of emerging market stocks across a range of sectors, along with the outperformance potential of active management.
1Forbes, Sep 2022
| Inception Date | 09/24/10 |
| Total Expense Ratio | 0.75% |
| Net Assets | $365.45 million |
| NAV | $24.27 |
| Fact Sheet |
The Global X Emerging Markets Great Consumer ETF (EMC) is an actively managed fund sub-advised in part by Mirae Asset Global Investments (Hong Kong) Limited. EMC seeks to invest in companies that are economically tied to long-term trends in emerging markets created by the newfound purchasing power of a rising middle class. The fund is not confined to the consumer staples and discretionary sectors, investing across a range of industries that may benefit from rising consumption.
The Global X Emerging Markets Great Consumer ETF (EMC) seeks to achieve long-term capital growth.
| Ticker | EMC |
| Bloomberg IOPV Ticker | EMCIV |
| CUSIP | 37960A644 |
| ISIN | US37960A6441 |
| Primary Exchange | NYSE Arca |
| Shares Outstanding | 15,054,586 |
| Number of Holdings | 54 |
| 30-Day Median Bid-Ask Spread | N/A |
| 30-Day SEC Yield | N/A |
| Distribution Frequency | Semi-Annually |
Notice: Effective as of the close of business on May 12, 2023, the Fund acquired the assets and liabilities, and assumed the performance, financial and other historical information, of the Emerging Markets Great Consumer Fund, a series of the Mirae Asset Discovery Funds.
| NAV | $24.27 | Daily Change | $0.23 | 0.96% |
| Market Price | $24.18 | Daily Change | $0.38 | 1.60% |
Effective May 12, 2023, the fund acquired the performance, financial, accounting and other historical information of the Mirae Asset Emerging Markets Great Consumer Fund. Performance shown prior to May 12, 2023 reflects the performance of the Mirae Asset Emerging Markets Great Consumer Fund's I shares. Market price returns prior to that date reflects the predecessor fund’s NAV return.
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 10.46 | CASH | 1.00 | 38,240,439 | 38,240,438.63 | ||
| 4.35 | 700 HK | TENCENT HOLDINGS LTD | BMMV2K8 | 41.15 | 386,000 | 15,883,699.11 |
| 3.81 | EWY | ISHARES MSCI SOU | 2592561 | 63.10 | 220,551 | 13,916,768.10 |
| 3.68 | TCOM | TRIP.COM GROUP LTD-ADR | BK1K3N2 | 31.49 | 427,134 | 13,450,449.66 |
| 3.67 | TSM | TAIWAN SEMIC-ADR | 2113382 | 103.21 | 129,945 | 13,411,623.45 |
| 3.64 | 9988 HK | ALIBABA GROUP HOLDING LTD | BK6YZP5 | 10.04 | 1,323,300 | 13,283,923.11 |
| 3.53 | 1211 HK | BYD CO LTD-H | 6536651 | 29.94 | 431,000 | 12,905,492.77 |
| 3.33 | HDB | HDFC BANK LTD-ADR | 2781648 | 64.81 | 187,724 | 12,166,392.44 |
| 3.16 | 27 HK | GALAXY ENTERTAIN | 6465874 | 6.30 | 1,835,000 | 11,558,262.12 |
| 3.08 | 1880 HK | CHINA TOURISM -H | BLB6P53 | 17.13 | 656,700 | 11,248,350.64 |
| 3.00 | CPALL-R TB | CP ALL PCL-NVDR | B08YDH1 | 1.82 | 6,011,900 | 10,966,191.06 |
| 2.98 | IBN | ICICI BANK LTD-SPON ADR | 2569286 | 22.96 | 473,512 | 10,871,835.52 |
| 2.87 | BBCA IJ | BANK CENTRAL ASIA TBK PT | B01C1P6 | 0.61 | 17,167,700 | 10,503,808.43 |
| 2.68 | INDA | ISHARES MSCI INDIA ETF | B6XGR72 | 42.02 | 232,877 | 9,785,491.54 |
| 2.46 | BDMS-R TB | BANGKOK DUS-NVDR | B013SV4 | 0.80 | 11,241,900 | 8,996,762.08 |
| 2.44 | CPNG | COUPANG INC | BNYHDF3 | 15.73 | 566,460 | 8,910,415.80 |
| 2.40 | AOT-R TB | AIRPORTS OF-NVDR | 6741206 | 2.02 | 4,348,900 | 8,779,322.28 |
| 2.33 | 3690 HK | MEITUAN-CLASS B | BGJW376 | 16.08 | 529,360 | 8,513,163.62 |
| 2.11 | 3968 HK | CHINA MERCHANTS BANK-H | B1DYPZ5 | 4.59 | 1,677,500 | 7,707,869.33 |
| 2.07 | PDD | PDD HOLDINGS INC | BYVW0F7 | 71.42 | 105,711 | 7,549,879.62 |
| 2.04 | 2331 HK | LI NING CO LTD | B01JCK9 | 5.79 | 1,289,000 | 7,461,042.65 |
| 1.86 | RIGD LI | RELIANC-GDR 144A | B16CYP9 | 60.60 | 112,432 | 6,813,379.20 |
| 1.79 | 1928 HK | SANDS CHINA LTD | B5B23W2 | 3.15 | 2,074,800 | 6,540,975.26 |
| 1.33 | SUZ | SUZANO SA - SPON ADR | 2207177 | 9.08 | 533,400 | 4,843,272.00 |
| 1.30 | RJHI AB | AL RAJHI BANK | B12LZH9 | 19.41 | 245,000 | 4,755,759.39 |
| 1.29 | 2318 HK | PING AN-H | B01FLR7 | 6.53 | 724,500 | 4,729,915.06 |
| 1.27 | BBRI IJ | BANK RAKYAT INDO | 6709099 | 0.37 | 12,369,700 | 4,631,917.08 |
| 1.25 | WALMEX* MM | WALMART DE MEXIC | BW1YVH8 | 3.88 | 1,173,900 | 4,551,782.55 |
| 1.15 | GFNORTEO MM | GRUPO F BANORT-O | 2421041 | 8.58 | 491,343 | 4,213,418.87 |
| 1.10 | SE | SEA LTD-ADR | BYWD7L4 | 60.12 | 66,704 | 4,010,244.48 |
| 1.05 | SNB AB | THE SAUDI NATIONAL BANK | BSHYYN1 | 10.01 | 384,500 | 3,849,716.03 |
| 0.91 | ALPHA GA | ALPHA SERVICES A | BZ1MXR7 | 1.55 | 2,157,783 | 3,337,968.56 |
| 0.91 | RADL3 BZ | RAIA DROGASIL SA | B7FQV64 | 5.73 | 580,400 | 3,327,661.43 |
| 0.88 | FSR SJ | FIRSTRAND LTD | 6606996 | 3.08 | 1,042,484 | 3,215,462.10 |
| 0.86 | GRAB | GRAB HOLDINGS LTD - CL A | BP6NH40 | 3.04 | 1,035,222 | 3,147,074.88 |
| 0.84 | CLS SJ | CLICKS GROUP LTD | 6105578 | 12.35 | 249,478 | 3,080,785.05 |
| 0.82 | ITUB | ITAU UNIBANC-ADR | 2849739 | 5.38 | 560,000 | 3,012,800.00 |
| 0.80 | RENT3 BZ | LOCALIZA RENT A CAR | B08K3S0 | 12.82 | 229,100 | 2,938,041.42 |
| 0.78 | FEC CN | FRONTERA ENERGY CORP | BD9P7F0 | 7.92 | 361,256 | 2,859,755.77 |
| 0.77 | ARCO | ARCOS DORADOS-A | B529PQ0 | 8.89 | 315,295 | 2,802,972.55 |
| 0.75 | STC AB | SAUDI TELECOM CO | B12M7Q5 | 11.37 | 241,000 | 2,740,680.99 |
| 0.74 | 2020 HK | ANTA SPORTS PRODUCTS LTD | B1YVKN8 | 10.63 | 255,600 | 2,715,903.94 |
| 0.74 | GLOB | GLOBANT SA | BP40HF4 | 179.95 | 15,075 | 2,712,746.25 |
| 0.73 | NPN SJ | NASPERS LTD-N SHS | 6622691 | 160.81 | 16,479 | 2,649,931.72 |
| 0.72 | MELI | MERCADOLIBRE INC | B23X1H3 | 1,282.26 | 2,054 | 2,633,762.04 |
| 0.65 | NAHDI AB | NAHDI MEDICAL CO | BMZPZG4 | 46.13 | 51,610 | 2,380,687.39 |
| 0.62 | NU | NU HOLDINGS LT-A | BN6NP19 | 6.79 | 331,600 | 2,251,564.00 |
| 0.61 | FMX | FOMENTO ECON-ADR | 2246039 | 98.38 | 22,470 | 2,210,598.60 |
| 0.60 | MYTIL GA | MYTILINEOS S.A. | 5898664 | 31.15 | 70,000 | 2,180,708.70 |
| 0.54 | TADAWULG AB | SAUDI TADAWUL GR | BMZQ749 | 43.36 | 45,242 | 1,961,483.90 |
| 0.54 | SQM | QUIMICA Y-SP ADR | 2771122 | 66.29 | 29,548 | 1,958,736.92 |
| 0.50 | CPI SJ | CAPITEC BANK HOLDINGS LTD | 6440859 | 71.62 | 25,450 | 1,822,759.82 |
| 0.45 | JAHEZ AB | JAHEZ INTERNATIONAL CO | BLGSG06 | 139.99 | 11,619 | 1,626,486.51 |
| 0.44 | SALIK UH | SALIK CO PJSC | BJN5952 | 0.81 | 1,967,584 | 1,596,656.13 |
| 0.25 | 9633 HK | NONGFU SPRING CO LTD-H | BMGWW30 | 5.33 | 167,800 | 894,165.17 |
| 0.16 | CANADIAN DOLLAR | 0.73 | 792,972 | 581,230.07 | ||
| 0.05 | BRAZILIAN REAL | 0.20 | 839,300 | 167,549.94 | ||
| 0.03 | THAILAND BAHT | 0.03 | 4,058,033 | 117,030.50 | ||
| 0.01 | SOUTH AFRICAN RAND | 0.05 | 570,080 | 29,102.42 | ||
| -0.04 | BRAZILIAN REAL | 0.20 | -655,436 | -130,845.16 | ||
| -0.12 | CANADIAN DOLLAR | 0.73 | -583,403 | -427,621.10 |
| Return on Equity | 14.60% | |
| Weighted Avg. Market Cap | 62,580 M | |
| 2022 | 2023 | |
| Price-to-earnings | 49.76 | 36.34 |
| Price-to-book value | 5.38 | 5.23 |
Source: AltaVista Research, LLC
Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. A small number of companies and industries may represent a large portion of the market in a particular country or region, and these companies and industries can be sensitive to adverse social, political, economic or regulatory developments in that country or region.
EMC is actively managed, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.