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Global X Gold Yield ETF

HGY

Annualized Distribution Yield

As at December 13, 2024

5.27%

Reasons to Consider HGY

"Pure" Gold Exposure

HGY offers investors exposure to the price of gold bullion, providing a hedge against economic uncertainty and potential currency fluctuations as well as reducing the market risk.

High-Income Potential

HGY looks to generate income through covered call writing, which historically produces higher yields in periods of volatility.* Higher volatility in gold prices can likely increase call option premiums.

*Covered call writing can limit the upside potential of the underlying security.

Monthly Distributions

Designed to provide a consistent monthly income with an opportunity for growth.

Investment Objective

HGY seeks to provide Unitholders with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less HGY’s fees and expenses; (ii) tax-efficient monthly distributions; and (iii) in order to mitigate downside risk and generate income, exposure to a covered call option writing strategy.

NAV

$11.39

$-0.0973

-0.85%

Volume

9,444

Price

$11.40

$-0.10

-0.83%

Last Close

$11.50

Annualized Distribution Yield

5.27%

Prices delayed by 15 minutes.

Last Trade: December 13, 2024
Alternatives
Commodities
Metals
Commodities
Enhanced Income

Risk Rating:

Medium

Product Details

Fund Details

Ticker

HGY

CUSIP

379950108

Inception Date

December 17, 2010

Net Assets

$71,606,449 As at December 13, 2024

Consolidated Prior Day Volume

11,660

Average Daily Trading Volume Over a 12 Month Period

26,658

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Management Fee

0.60% (Plus applicable sales tax)

Management Expense Ratio

0.88% As at June 30, 2024

Trading Expense Ratio

0.09% As at June 30, 2024

Currency

CAD

Currency Hedging

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

LEI

549300VSHW17EYWBPR76

Distribution Metrics

As at November 29, 2024

Most Recent Distributions per Unit

$0.05000

12-Month Trailing Yield

5.25%

Distribution Frequency

Monthly

Record Date

November 29, 2024

Price and NAV

As at December 13, 2024

NAV / Unit

$11.39

Closing Price

$11.50

Premium Discount

$0.11

Premium Discount Percentage

0.97%

Outstanding Shares

6,287,484

Portfolio Investment Metrics

As at November 29, 2024

Percent Written by Month End

33.21

Average OTM % When Written

0.61

Standard Deviation

13.36

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 Gold Yield ETF -2.79 4.73 11.82 22.40 24.06 10.85 9.22 5.43 1.87

*Fund performance since inception on December 17, 2010, as at November 30, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Gold Yield ETF 4.98 8.54 -3.70 13.45 19.19 -4.43 -1.28 9.58

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
November 29, 2024 November 29, 2024 December 6, 2024 0.05000 Monthly
October 31, 2024 October 31, 2024 November 7, 2024 0.05000 Monthly
September 27, 2024 September 27, 2024 October 7, 2024 0.05000 Monthly
August 30, 2024 August 30, 2024 September 9, 2024 0.05000 Monthly
July 31, 2024 July 31, 2024 August 8, 2024 0.05000 Monthly
June 28, 2024 June 28, 2024 July 8, 2024 0.05000 Monthly
May 31, 2024 May 31, 2024 June 7, 2024 0.05000 Monthly
April 29, 2024 April 30, 2024 May 7, 2024 0.05000 Monthly
March 27, 2024 March 28, 2024 April 5, 2024 0.05000 Monthly
February 28, 2024 February 29, 2024 March 7, 2024 0.05000 Monthly
January 30, 2024 January 31, 2024 February 7, 2024 0.05000 Monthly

Top Holdings

As at December 13, 2024

Security Name

Weight

SPDR Gold MiniShares Trust ETF (GLDM)

100.74%

CASH

0.08%

Market value of options

-0.83%

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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