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Security Profile
- Security Type
- Index ETF
- CUSIP
- 37954Y798
- Market Cap
- Micro Cap · $2 Million
- IPO
- 5/10/2016
Fund Description: Global X Health & Wellness Thematic ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Global X Funds, an open-end investment management company. INVESTMENT OBJECTIVE: The Global X Health & Wellness Thematic ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX Global Health & Wellness Index. INDEX DESCRIPTION: The INDXX Global Health & Wellness Index is designed to provide exposure to exchange-listed companies in developed markets that provide products and services that facilitate physical wellness through active and healthy lifestyles, including but not limited to companies involved in fitness equipment, fitness technology, athletic apparel, nutritional supplements, and organic/natural food offerings, (collectively, Health & Wellness Companies), as defined by INDXX, the Index Provider. The eligible universe of the Index includes the most liquid and investable companies in accordance with the standard market capitalization and liquidity criteria associated with developed markets. The Index may include components from the following countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany,
Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, South Korea, the United Kingdom and the United States. The Index Provider identifies Health & Wellness Companies by applying a proprietary analysis that consists of two primary components: theme identification and company analysis. The five themes that are expected to provide the most exposure to Health & Wellness Companies: (1) Healthy Food, Nutrition and Weight Loss, (2) Fitness and Fitness Apparel, (3) Nutritional Supplements and Preventive Health Care, (4) Anti-Aging and (5) Wellness (collectively, Health & Wellness Themes). The Index is weighted according to a modified capitalization weighting methodology and is reconstituted and rebalanced annually. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, consumer staples, health care and information technology companies. FUND STRATEGY: The Adviser uses a passive or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to outperform the Index and does not seek temporary defensive positions when markets decline or appear overvalued. The Fund invests at least 80% of its total assets in the securities of the Index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the Index. The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Index in approximately the same proportions as in the Index. However, the Fund may utilize a representative sampling strategy with respect to the Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Index, in instances in which a security in the Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Index. The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Index is concentrated. The Index was concentrated in the Consumer Discretionary Sector and the Consumer Staples Sector which may change over time. FUND MANAGEMENT: Global X Management Company LLC serves as the investment adviser to the Fund.
Company Contact
- Headquarters
- 623 Fifth Avenue, 15th Floor, New York, NY 10022
- Phone
- 212-644-6440 · Toll-Free 888-493-8631
- Investor Relations
- 888-493-8631 · info@globalxfunds.com