SGI Enhanced Global Income ETFSGI Enhanced Global Income ETFSGI Enhanced Global Income ETF

SGI Enhanced Global Income ETF

No trades

Key stats


Assets under management (AUM)
‪83.03 M‬USD
Fund flows (1Y)
‪−18.66 M‬USD
Dividend yield (indicated)
2.45%
Discount/Premium to NAV
−0.02%
Shares outstanding
‪2.43 M‬
Expense ratio
0.99%

About SGI Enhanced Global Income ETF


Issuer
Summit Global LLC
Brand
Summit Global Investments
Home page
Inception date
Feb 29, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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
Summit Global Investments LLC
Distributor
Quasar Distributors LLC
Identifiers
3
ISIN US74933W2623
GINX aims for income by actively managing a broad portfolio of companies, while also employing an options strategy. The fund invests at least 30%-40% of its assets in dividend-paying global companies traded on US stock exchanges. These investments in non-US companies include stocks, warrants to acquire common stock, and depository receipts. Securities may be of any size but focused on large- and mid-cap companies. The fund targets an enhanced yield compared to traditional option-based strategies by selling short-term options, which typically generate more income than longer-term options over the same period. Using exposure to the value of the S&P 500 Index or other broad benchmark indices, the put-and-call options strategy selects deep out-of-the-money strike prices expiring within 1-7 days. As such, this limits participation in potential gains if shares increase in value. The fund may hold short-term US Treasurys as collateral. GINX may also engage in securities lending.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
1%52%29%0.3%17%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.
GINX trades at 34.33 USD today, its price has risen 0.59% in the past 24 hours. Track more dynamics on GINX price chart.
GINX net asset value is 34.34 today — it's risen 6.65% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GINX assets under management is ‪83.03 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GINX price has risen by 6.59% over the last month, and its yearly performance shows a 28.63% increase. See more dynamics on GINX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.65% over the last month, showed a 13.59% increase in three-month performance and has increased by 30.94% in a year.
GINX fund flows account for ‪−18.66 M‬ USD (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.
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.
GINX invests in stocks. See more details in our Analysis section.
GINX expense ratio is 0.99%. 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, GINX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, GINX technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GINX shows the buy signal. See more of GINX technicals for a more comprehensive analysis.
Yes, GINX pays dividends to its holders with the dividend yield of 2.45%.
GINX trades at a premium (0.02%).
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.
GINX shares are issued by Summit Global LLC
GINX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 29, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.