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Global X Gold ETF

HUG

Reasons to Consider HUG

The Appeal of Gold

Historically, investors have turned to gold as a potential store of value during market volatility and economic uncertainty, and as a hedge against currency fluctuations.

Diversification Benefits

Exposure to the performance of gold can be used to diversify your portfolio due to low correlation with other asset classes and can also help protect against rising inflation and declining real interest rates.

Futures Efficiency

By investing in the regulated futures market, HUG offers a transparent way of gaining exposure to the price of gold, without the need for self-custody.

Investment Objective

HUG seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Gold Front Month MD Rolling Futures Index ER. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of the ETF’s ability.

NAV

$19.02

$0.2533

1.35%

Volume

2,742

Price

$19.02

$0.28

1.49%

Last Close

$18.74

Prices delayed by 15 minutes.

Last Trade: May 17, 2024
Alternatives
Commodities
Metals
Commodities
Corporate Class

Risk Rating:

Medium

Product Details

Fund Details

Ticker

HUG

CUSIP

37964E105

Inception Date

June 24, 2009

Net Assets

$17,840,954

Consolidated Prior Day Volume

5,774

Average Daily Trading Volume Over a 12 Month Period

20,559

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

SOLCGCER

Management Fee

0.20% (Plus applicable sales tax)

Management Expense Ratio

0.34% As at December 31, 2023

Trading Expense Ratio

0.20% 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

549300KUDHT4IR521W70

Price and NAV

As at May 17, 2024

NAV / Unit

$19.02

Closing Price

$19.06

Premium Discount

$0.04

Premium Discount Percentage

0.21%

Outstanding Shares

938,000

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 ETF 3.25 11.35 14.29 10.46 12.99 7.19 9.78 3.58 4.07
Solactive Gold Front Month MD Rolling Futures Index (Excess Return) 2.88 10.29 12.12 9.03 8.65 5.39 8.80 3.53 4.42

*Fund performance since inception on June 24, 2009, as at April 30, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Gold ETF 6.00 10.91 -4.55 16.08 19.68 -5.11 -2.03 11.22
Solactive Gold Front Month MD Rolling Futures Index (Excess Return) 7.32 11.89 -4.52 15.64 20.43 -4.30 -2.72 7.21
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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