Key stats
About Global X Aging Population ETF
Expense ratio
0.50%
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Inception date
May 9, 2016
ISIN
US37954Y7720
AGNG invests in companies involved in lifespan extension and improved quality of life efforts for an aging population. The fund uses a proprietary research and analysis in selecting its securities. The selection process crosses traditional sector lines to incorporate a variety of businesses located in developed countries, whose primary business is involved in medical devices, healthcare services and facilities, pharmaceutical companies, insurance companies, assisted living products and services, and consumer products. Reconstituted and rebalanced annually, AGNG is weighted by modified market-cap wherein a single security cap of 3% and a single security floor of 0.3% are applied. The balance weight is then proportionally distributed among the non-capped securities. A 60% industry cap is also applied. Prior to April 1, 2021, AGNG traded as Global X Longevity Thematic ETF under the ticker, LNGR. The fund tracked the Indxx Global Longevity Thematic Index prior to April 9, 2021.
Classification
What's in the fund
Exposure type
Health Technology
Stock breakdown by region