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Global X S&P 500 CAD Hedged Index Corporate Class ETF

HSH

Reasons to Consider HSH

Broad Exposure to Leading U.S. Companies

By tracking the S&P 500® Index, HSH provides exposure to 500 large publicly-traded companies across various industries--approximately 80% of the available U.S. market capitalization--hedged to the Canadian dollar.

Currency Hedging

By hedging out all U.S. dollar currency exposure, HSH aims to mitigate the impact of currency fluctuations between the U.S. dollar and the Canadian dollar, providing Canadian investors with a more stable and predictable investment return.

Tax Efficiency

Part of the Global X Total Return Index family of ETFs, HSH's usage of a total return swap contract to replicate index performance typically increases tax efficiency. Further, HSH is not expected to make taxable distributions, making it potentially advantageous for taxable accounts.

Investment Objective

HSH seeks to replicate, to the extent possible, the performance of the S&P 500® CAD Hedged Index (Total Return), net of expenses. The S&P 500® CAD Hedged Index (Total Return) is designed to measure the performance of the large-cap market segment of the U.S. equity market, hedged to the Canadian dollar.

NAV

$67.20

$-0.1072

-0.16%

Volume

15,265

Price

$67.23

$-0.04

-0.06%

Last Close

$67.27

Prices delayed by 15 minutes.

Last Trade: June 21, 2024
Broad Market
Equity
U.S.
Corporate Class

Risk Rating:

Medium

Product Details

Fund Details

Ticker

HSH

CUSIP

37963P101

Inception Date

September 19, 2016

Net Assets

$288,124,524 As at June 21, 2024

Consolidated Prior Day Volume

51,307

Average Daily Trading Volume Over a 12 Month Period

14,100

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

S5CADHTR

Management Fee

0.10% (Does not include a swap fee of approximately 30 bps, plus applicable sales tax)

Management Expense Ratio

0.11% As at December 31, 2023

Trading Expense Ratio

0.30% As at December 31, 2023

Swap Fee

No more than 0.30%

Counterparty Exposure

47.04% As at May 31, 2024

Currency

CAD

Currency Hedging

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

LEI

549300TZIB8CU6MJK384

Price and NAV

As at June 21, 2024

NAV / Unit

$67.20

Closing Price

$67.26

Premium Discount

$0.06

Premium Discount Percentage

0.09%

Outstanding Shares

4,287,710

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 500 CAD Hedged Index Corporate Class ETF 4.86 3.62 15.69 10.77 26.72 8.29 14.46 - 13.19
S&P 500® CAD Hedged Index (Total Return) 4.89 3.68 15.88 11.05 26.68 8.55 14.47 - 13.21

*Fund performance since inception on September 19, 2016, as at May 31, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X S&P 500 CAD Hedged Index Corporate Class ETF - 20.86 -5.59 30.07 16.64 27.82 -19.30 24.79
S&P 500® CAD Hedged Index (Total Return) - 21.16 -5.70 29.87 15.79 28.29 -19.10 24.74

Top Sector Allocations

As at May 31, 2024

Category

Weight

Information Technology

30.58%

Financials

12.90%

Health Care

11.98%

Consumer Goods

9.85%

Communication Services

9.28%

Industrial Services

8.54%

Consumer Service

6.02%

Energy

3.86%

Utilities

2.48%

Materials

2.32%

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

Top Holdings

As at May 31, 2024

Security Name

Weight

Microsoft Corp

6.96%

Apple Inc

6.30%

NVIDIA Corp

6.11%

Alphabet Inc Cl A

4.23%

Amazon.com Inc

3.64%

Meta Platforms Inc Cl A

2.32%

Berkshire Hathaway Inc Cl A

1.70%

Eli Lilly and Co

1.48%

Broadcom Inc

1.32%

JPMorgan Chase & Co

1.32%

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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