CCC

GLOBAL X CARBON CREDITS ETF ETF SHS

No trades
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Key stats

Assets under management (AUM)
‪3.37 M‬CAD
Fund flows (1Y)
‪−1.89 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−1.2%

About GLOBAL X CARBON CREDITS ETF ETF SHS

Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
1.07%
Home page
Inception date
Feb 9, 2022
Index tracked
Horizons Carbon Credits Rolling Futures Index - CAD - Benchmark TR Net
Management style
Passive
The fund is the first Canadian-listed ETF to provide access to the carbon allowances futures market. The fund tracks an index that provides exposure to cap-and-trade carbon allowances via futures. The index initially holds the European Union Allowances (EUA) futures and targets developed market carbon credit futures. But it can change its components based on its selection criteria, such as the average daily value traded and open interest value over the past three months. The index selects contracts maturing in December of the next one to two years. It weights its components based on the average daily value traded over the last three months, subject to limits. The index reconstitutes and rebalances its portfolio annually in November.

Classification

Asset Class
Commodities
Category
Energy
Focus
Carbon credits
Niche
Extended term
Strategy
Extended term
Weighting scheme
Liquidity
Selection criteria
Single asset

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 1, 2024
Exposure type
Bonds, Cash & Other
Cash
ETF
Bonds, Cash & Other100.00%
Cash64.71%
ETF53.06%
Futures−17.76%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows