|Market Price||$24.86||Daily Change||$0.47||1.93%|
According to the IMF, emerging market and developing economies have returned higher rates of GDP growth than major advanced economies (i.e., the G7) every year dating back to 1999 – a trend they forecast to continue.1
EMM’s portfolio managers have extensive track records in actively managed emerging market strategies.
In a single trade, EMM delivers access to dozens of emerging market stocks across a range of sectors, along with the outperformance potential of active management.
1IMF, Apr 2023
|Total Expense Ratio||0.75%|
|Net Assets||$26.26 million|
The Global X Emerging Markets ETF (EMM) is an actively managed fund sub-advised in part by Mirae Asset Global Investments (Hong Kong) Limited. EMM seeks to invest in emerging market companies that we believe can achieve, or maintain, a dominant position within their respective market. As part of its investment strategy, EMM aims to identify early winners in growing industries, where entrepreneurship can produce long-term global competitiveness.
The Global X Emerging Markets ETF (EMM) seeks to achieve long-term capital growth.
|Bloomberg IOPV Ticker||EMMIV|
|Primary Exchange||NYSE Arca|
|Number of Holdings||63|
|30-Day Median Bid-Ask Spread||N/A|
|30-Day SEC Yield||N/A|
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 Mirae Asset Discovery Emerging Markets Fund, a series of the Mirae Asset Discovery Funds.
|Market Price||$24.86||Daily Change||$0.47||1.93%|
As of recent (03/31/23)
As of recent (03/31/23)
|Fund NAV||Market Price||Benchmark|
Effective May 12, 2023, the fund acquired the performance, financial, accounting and other historical information of the Mirae Asset Emerging Markets Fund. Performance shown prior to May 12, 2023 reflects the performance of the Mirae Asset Emerging Markets Fund's I shares. Market price returns prior to that date reflects the predecessor fund’s NAV return.
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
|Net Assets (%)||Ticker||Name||SEDOL||Market Price ($)||Shares Held||Market Value ($)|
|5.79||SMSN LI||SAMSUNG ELECTR-GDR REG S||4942818||1,337.00||1,137||1,520,169.00|
|4.64||700 HK||TENCENT HOLDINGS LTD||BMMV2K8||41.15||29,600||1,218,024.60|
|4.13||RIGD LI||RELIANC-GDR 144A||B16CYP9||60.60||17,897||1,084,558.20|
|4.10||9988 HK||ALIBABA GROUP HOLDING LTD||BK6YZP5||10.04||107,180||1,075,924.49|
|3.77||IBN||ICICI BANK LTD-SPON ADR||2569286||22.96||43,118||989,989.28|
|3.32||HDB||HDFC BANK LTD-ADR||2781648||64.81||13,433||870,592.73|
|3.24||TCOM||TRIP.COM GROUP LTD-ADR||BK1K3N2||31.49||26,982||849,663.18|
|2.96||2378 HK||PRUDENTIAL PLC||B3Q15X5||13.59||57,200||777,526.05|
|2.83||BDMS-R TB||BANGKOK DUS-NVDR||B013SV4||0.80||929,200||743,627.97|
|2.77||EWY||ISHARES MSCI SOU||2592561||63.10||11,545||728,489.50|
|2.74||INDA||ISHARES MSCI INDIA ETF||B6XGR72||42.02||17,149||720,600.98|
|2.46||3690 HK||MEITUAN-CLASS B||BGJW376||16.08||40,110||645,048.72|
|2.42||2888 HK||STANDARD CHARTERED PLC||6558484||7.83||81,200||635,828.38|
|2.35||PDD||PDD HOLDINGS INC||BYVW0F7||71.42||8,650||617,783.00|
|2.21||1928 HK||SANDS CHINA LTD||B5B23W2||3.15||184,000||580,074.92|
|1.76||1910 HK||SAMSONITE INTL||B4Q1532||2.67||173,000||462,593.41|
|1.68||19 HK||SWIRE PACIFIC LTD - CL A||6867748||6.80||65,000||441,776.17|
|1.61||1299 HK||AIA GROUP LTD||B4TX8S1||9.76||43,400||423,760.51|
|1.18||1880 HK||CHINA TOURISM -H||BLB6P53||17.13||18,100||310,027.63|
|1.15||1211 HK||BYD CO LTD-H||6536651||29.94||10,100||302,425.70|
|1.10||RJHI AB||AL RAJHI BANK||B12LZH9||19.41||14,900||289,227.82|
|1.05||SUZ||SUZANO SA - SPON ADR||2207177||9.08||30,300||275,124.00|
|1.04||WALMEX* MM||WALMART DE MEXIC||BW1YVH8||3.88||70,600||273,750.62|
|1.01||GFNORTEO MM||GRUPO F BANORT-O||2421041||8.58||31,000||265,834.63|
|0.82||SNB AB||THE SAUDI NATIONAL BANK||BSHYYN1||10.01||21,600||216,264.93|
|0.80||GRAB||GRAB HOLDINGS LTD - CL A||BP6NH40||3.04||69,469||211,185.76|
|0.74||LREN3 BZ||LOJAS RENNER S.A.||B0CGYD6||4.00||48,800||195,229.23|
|0.73||ALPHA GA||ALPHA SERVICES A||BZ1MXR7||1.55||123,874||191,626.09|
|0.72||FSR SJ||FIRSTRAND LTD||6606996||3.08||61,570||189,907.95|
|0.71||VAMO3 BZ||VAMOS LOCACAO DE||BJLSQZ2||2.66||70,400||187,339.82|
|0.70||CLS SJ||CLICKS GROUP LTD||6105578||12.35||14,800||182,764.09|
|0.67||BUDGET AB||UNITED INTERNATI||B2493D0||17.57||10,000||175,714.59|
|0.63||1772 HK||GANFENG LITHIU-H||BZ9NS11||6.51||25,280||164,557.08|
|0.61||CHINESE YUAN RENMINBI||0.14||1,136,987||160,877.75|
|0.59||FEC CN||FRONTERA ENERGY CORP||BD9P7F0||7.92||19,555||154,800.26|
|0.53||VESTA* MM||VESTA SAB DE CV||B8F6ZF8||3.12||44,800||139,750.33|
|0.50||NPN SJ||NASPERS LTD-N SHS||6622691||160.81||810||130,253.33|
|0.45||NU||NU HOLDINGS LT-A||BN6NP19||6.79||17,463||118,573.77|
|0.42||NAHDI AB||NAHDI MEDICAL CO||BMZPZG4||46.13||2,390||110,246.91|
|0.40||MYTIL GA||MYTILINEOS S.A.||5898664||31.15||3,345||104,206.72|
|0.36||SALIK UH||SALIK CO PJSC||BJN5952||0.81||114,916||93,252.10|
|0.35||SQM||QUIMICA Y-SP ADR||2771122||66.29||1,399||92,739.71|
|0.34||APHS IN||APOLLO HOSPITALS||6273583||55.83||1,600||89,326.98|
|0.33||CPI SJ||CAPITEC BANK HOLDINGS LTD||6440859||71.62||1,190||85,229.24|
|0.32||JAHEZ AB||JAHEZ INTERNATIONAL CO||BLGSG06||139.99||606||84,830.95|
|0.31||DALBHARA IN||DALMIA BHARAT LTD||BFN2YR2||25.05||3,200||80,171.25|
|0.30||BBRI IJ||BANK RAKYAT INDO||6709099||0.37||212,800||79,684.39|
|0.29||TADAWULG AB||SAUDI TADAWUL GR||BMZQ749||43.36||1,758||76,218.75|
|0.28||IHH MK||IHH HEALTHCARE BHD||B83X6P8||1.25||59,200||74,035.38|
|0.24||CPALL-R TB||CP ALL PCL-NVDR||B08YDH1||1.82||35,200||64,207.64|
|0.24||PNJ VN||PHU NHUAN JEWELRY JSC||B64FX58||3.07||20,800||63,800.96|
|0.24||LEMONTRE IN||LEMON TREE HOTELS LTD||BF2LSQ7||1.15||54,400||62,621.31|
|0.19||TTMT IN||TATA MOTORS LTD||B611LV1||6.28||8,000||50,230.56|
|0.19||ZOMATO IN||ZOMATO LTD||BL6P210||0.81||60,800||49,518.45|
|0.18||603218 C1||RIYUE HEAVY IN-A||BMTCX56||3.24||14,400||46,659.31|
|0.17||268 HK||KINGDEE INTL SFT||6327587||1.42||32,000||45,580.96|
|0.17||2269 HK||WUXI BIOLOGICS CAYMAN INC||BL6B9P1||5.48||8,000||43,855.34|
|0.01||SOUTH AFRICAN RAND||0.05||26,656||1,360.78|
|-0.59||CHINESE YUAN RENMINBI||0.14||-1,087,129||-153,823.11|
|Return on Equity||11.20%|
|Weighted Avg. Market Cap||81,564 M|
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.
EMM 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.