Global X Emerging Markets Equity Index Corporate Class ETF (HXEM.TO) TSX

61.10

-0.64(-1.04%)

Updated at June 03 03:14PM

Currency In CAD

Global X Emerging Markets Equity Index Corporate Class ETF

Address

161 Bay Street, Suite 2700

Toronto, ON M5J 2S1

Canada

Phone

1-866-641-5739

Sector

Financial Services

Industry

Asset Management - Global

Employees

N/A

First IPO Date

August 07, 2020

Key Executives

N/A

Description

HXEM offers exposure to the performance of some of the emerging market companies in rapidly developing economies, which are increasingly accounting for a larger proportion of growth globally. Investing in an emerging market ETF can bring diversity to an investment portfolio as they are generally less correlated to developed market equities. Thanks to the lower correlation, emerging markets’ stand-alone volatility has a limited impact on a global portfolio. This ETF is suitable for an investor looking for total return exposure to the performance of large and mid-cap securities across 26 emerging markets countries, who can handle the ups and downs of the stock market, but who is not looking for regular distributions. HXEM seeks to replicate, to the extent possible, the performance of the Global X Emerging Markets Futures Roll Index (Total Return), net of expenses. The Global X Emerging Markets Futures Roll Index (Total Return) is designed to measure the performance of large and mid-cap securities across 26 emerging markets countries.