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Global X S&P Green Bond Index ETF

HGGB

Annualized Distribution Yield

As at June 17, 2024

3.01%

Reasons to Consider HGGB

Pioneering Green Bond Exposure

HGGB is the first Canadian-listed ETF dedicated to providing investors with exposure to global green-labelled bonds issued in U.S. dollars, offering a unique opportunity to support environmentally beneficial projects.

A Growing Market

Since market inception in 2007, there has been over U.S. $1 trillion in cumulative green bond issuances, with European and American institutions among the largest issuers.

True “Green” Verification

All issuers in the Underlying Index (currently the S&P Green Bond US Dollar Select Index) are independently verified by the Climate Bonds Initiative, an international, investor-focused not-for-profit organization.

Investment Objective

HGGB seeks to replicate, to the extent possible and net of expenses, the performance of a market index that is designed to provide exposure to the performance of global green-labeled bonds issued in U.S. dollars that are subject to stringent eligibility criteria to fund projects that have positive environmental or climate benefits. Currently, the ETF seeks to replicate the performance of the S&P Green Bond US Dollar Select Index, net of expenses. The ETF seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times.

NAV

$21.67

$-0.0468

-0.22%

Volume

200

Price

$21.73

$0.59

2.79%

Last Close

$21.14

Annualized Distribution Yield

3.01%

Prices delayed by 15 minutes.

Last Trade: June 18, 2024
Fixed Income
World

Risk Rating:

Low to Medium

Product Details

Fund Details

Ticker

HGGB

CUSIP

37963Q109

Inception Date

June 1, 2021

Net Assets

$5,417,179 As at June 17, 2024

Consolidated Prior Day Volume

5,914

Average Daily Trading Volume Over a 12 Month Period

359

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Sub-Advisor

Mirae Asset Global Investments (USA) LLC.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

SPGRUSST

Management Fee

0.45% (Plus applicable sales tax)

Management Expense Ratio

0.55% As at December 31, 2023

Trading Expense Ratio

0.00% As at December 31, 2023

Currency

CAD

Currency Hedging

Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times

LEI

549300GNSLV02XCM9N37

Distribution Metrics

As at March 28, 2024

Most Recent Distributions per Unit

$0.16290

Annualized Distribution Yield

3.01%

12-Month Trailing Yield

3.70%

Distribution Frequency

Quarterly

Record Date

March 28, 2024

Price and NAV

As at June 17, 2024

NAV / Unit

$21.67

Closing Price

$21.73

Premium Discount

$0.06

Premium Discount Percentage

0.28%

Outstanding Shares

250,001

Portfolio Investment Metrics

As at May 31, 2024

Weighted Average Duration

4.32

Weighted Average Coupon

3.49

Weighted Average Yield to Maturity

5.74

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%)

dates

1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr SIR*
Global X S&P Green Bond Index ETF 1.51 0.36 2.75 -0.22 4.31 - - - -1.92
S&P Green Bond U.S. Dollar Select Index 1.50 0.70 3.44 0.18 4.64 - - - -2.00

*Fund performance since inception on June 1, 2021, as at May 31, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X S&P Green Bond Index ETF - - - - - - -9.73 5.09
S&P Green Bond U.S. Dollar Select Index - - - - - - -12.14 7.23

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
March 27, 2024 March 28, 2024 April 5, 2024 0.16290 Quarterly

Top Sector Allocations

As at May 31, 2024

Category

Weight

Financial Institutions

26.92%

Industrial Services

18.98%

Utility

15.69%

Sovereign

14.11%

Agency

9.78%

Supranational

7.23%

Cmbs

6.09%

Cash

1.19%

Holdings are subject to change.

Top Credit Ratings

As at May 31, 2024

Category

Weight

AAA

8.43%

AA

9.22%

A

28.59%

BBB

25.76%

BB

12.31%

B

4.90%

Unrated

10.79%

Holdings are subject to change.

Top Geographic Exposure

As at May 31, 2024

Category

Weight

United States

42.27%

Netherlands

10.91%

Luxembourg

7.23%

Austria

5.10%

South Korea

5.08%

Indonesia

5.07%

Chile

4.90%

Egypt

4.90%

Peru

4.70%

Japan

4.51%

Holdings are subject to change. The complete list will soon be available.

Top Holdings

As at June 14, 2024

Security Name

Weight

European Investment Bank 2.88% 13-Jun-2025

7.23%

Coop Rabobank UA 1.11% 24-Feb-2026

5.92%

Public Service Electric Gas Co 3.10% 15-Dec-2031

5.61%

Klabin Austria GmbH 7.00% 03-Apr-2049

5.20%

Korea Electric Power Corp 2.50% 24-Jun-2024

5.09%

Perushaan Pnrbt SBSN Indns III 3.90% 20-Aug-2024

5.08%

ING Groep NV 4.63% 06-Jan-2026

5.04%

Inversiones CMPC SA 4.38% 04-Apr-2027

4.96%

Egypt Government 5.25% 06-Oct-2025

4.96%

Consorcio Transmantaro SA 4.70% 16-Jan-2034

4.79%

Holdings are subject to change.

Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager, investment manager and trustee of the Global X Funds.

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