Key stats
About Global X Education ETF
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Inception date
Jul 10, 2020
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A7191
The fund is being delisted. The last trading on an exchange is November 10, 2023. EDUT provides a unique take on equities with high exposure to the education theme. Companies that facilitate digital learning, educational content publishing, for education at all levels around the world falls under this theme. EDUT undertakes extensive research to identify education companies based on industry reports, investment research and consumer data. Revenue-based company analysis is conducted to identify pure-play companies with greater than 50% revenues derived from facilitating education. The underlying index is constructed by selecting and weighting the top 100 pure-play companies by market cap. Single securities are capped at 10%. The index is rebalanced and reconstituted semi-annually.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EDUT trades at 504.000 MXN today, its price has fallen −58.31% in the past 24 hours. Track more dynamics on EDUT price chart.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EDUT invests in cash. See more details in our Analysis section.
EDUT expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EDUT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
EDUT trades at a premium (1.52%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EDUT shares are issued by Mirae Asset Global Investments Co., Ltd.
EDUT follows the Indxx Global Education Thematic Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 10, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.