Key stats
About GLOBAL X FDS MSCI NIGERIA ETF(POST SPLT)
Expense ratio
0.80%
Home page
Inception date
Apr 3, 2013
ISIN
US37954Y6656
The security was delisted. The last day of trading on an exchange is March 25, 2024. NGE is the first ETF to target Africas largest economy. Eligible companies include those that are classified in Nigeria in accordance to MSCI Global Investable Market Index Methodology. In addition, companies that are listed, headquartered, and carry out most of their operations in Nigeria are also eligible for index inclusion. The fund is a concentrated portfolio that intends to hold at least 20 constituents which are market-cap-weighted. To meet diversification requirements, holdings are capped at 25% weight and the aggregate weight of securities with over 5% allocation is capped at 50% weight of the portfolio. Index rebalancing occurs quarterly. Prior to August 14, 2014, the fund tracked the Solactive Nigeria Index.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%