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About Global X Innovative Bluechip Top 10 Index ETF Trust Unit A
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Inception date
May 15, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
ISIN
CA37964W1059
The fund provides exposure to 10 large-cap companies that are expected to lead innovation across the sub-themes of AI & Big Data, Semiconductors, Health Care & Biotechnology, and Next Generation Mobility, Battery &Renewable Energy. The fund aims to hold the top 10 thematic stocks that have dominant business positions and consistent growth within their industry. Stocks are screened based on fundamental requirements that include market cap, liquidity, return on capital, and sales growth. Only pure-play companies that derive at least 50% of revenues from at least one sub-theme are considered. The two largest companies for each sub-theme are first selected, with the remainder consequently chosen by market cap. The fund sets limits each sub-theme by 40% and stocks from developed markets are capped by 70%. The portfolio is weighted equally. The index is rebalanced and reconstituted semi-annually in March and September.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Producer Manufacturing
Health Technology
Retail Trade
Stocks99.64%
Electronic Technology34.95%
Technology Services21.54%
Producer Manufacturing17.89%
Health Technology15.11%
Retail Trade10.15%
Bonds, Cash & Other0.36%
Cash0.36%
Stock breakdown by region
North America62.66%
Asia30.29%
Europe7.05%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TTTX invests in stocks. The fund's major sectors are Electronic Technology, with 34.95% stocks, and Technology Services, with 21.54% of the basket. The assets are mostly located in the North America region.
TTTX top holdings are NVIDIA Corporation and Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR, occupying 13.16% and 12.29% of the portfolio correspondingly.
TTTX assets under management is 5.05 M CAD. It's risen 1.69% over the last month.
TTTX fund flows account for 1.66 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, TTTX doesn't pay dividends to its holders.
TTTX shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on May 15, 2024, and its management style is Passive.
TTTX expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
TTTX follows the Mirae Asset Global Innovative Bluechip Top 10 Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TTTX invests in stocks.
TTTX price has risen by 1.85% over the last month, and its yearly performance shows a 19.22% increase. See more dynamics on TTTX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.48% over the last month, showed a 11.58% increase in three-month performance and has increased by 4.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.48% over the last month, showed a 11.58% increase in three-month performance and has increased by 4.20% in a year.
TTTX trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.