GLOBAL X ENHANCED MSCI EAFE INDEX ETFGLOBAL X ENHANCED MSCI EAFE INDEX ETFGLOBAL X ENHANCED MSCI EAFE INDEX ETF

GLOBAL X ENHANCED MSCI EAFE INDEX ETF

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Key stats

Assets under management (AUM)
‪1.93 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−0.06%

About GLOBAL X ENHANCED MSCI EAFE INDEX ETF

Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
May 21, 2024
Index tracked
MSCI EAFE
Management style
Passive
The fund offers enhanced exposure to the large- and mid-cap segments of the developed markets, excluding North America. Through the use of cash borrowing, the fund aims to provide 1.25x leveraged exposure to the MSCI EAFA , an index representing 85% of the free float-adjusted market capitalization within the developed markets. Index constituents are market-cap weighted and rebalanced quarterly. As a geared product with daily resets, the fund is designed as a short-term tactical instrument and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.