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Global X Inovestor Canadian Equity Index ETF

INOC

Annualized Distribution Yield

As at October 4, 2024

2.04%

Reasons to Consider INOC

Screening for Quality and Value

Exposure to an equal-weighted portfolio of 25 large-capitalization, Canadian-listed companies, designed to provide exposure to firms with high levels of economic profit that are trading at attractive valuations.

Innovative Selection Methodology

INOC is designed to offer exposure to high-quality Canadian companies that consistently generate shareholder wealth, based on the philosophy of Economic Value Added™, a measure of corporate financial performance.

Diversification Benefits

INOC’s factor-based index strategy is expected to avoid permanent sector concentration issues associated with traditional indices

Investment Objective

INOC seeks to replicate, to the extent possible, the performance of the Nasdaq Inovestor Canada Index, net of expenses. The Nasdaq Inovestor Canada Index is a large capitalization equity index of diversified constituents which are selected largely from the Canadian equity universe.

NAV

$16.12

$0.0431

0.27%

Volume

3,330

Price

$16.13

$0.05

0.31%

Last Close

$16.08

Annualized Distribution Yield

2.04%

Prices delayed by 15 minutes.

Last Trade: October 5, 2024
Broad Market
Equity
Canadian

Risk Rating:

Medium

Product Details

Fund Details

Ticker

INOC

CUSIP

37991C106

Inception Date

November 13, 2017

Net Assets

$37,889,049 As at October 4, 2024

Consolidated Prior Day Volume

5,864

Average Daily Trading Volume Over a 12 Month Period

4,809

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Sub-Advisor

Inovestor Asset Management Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

NQICAT

Management Fee

0.50% (Plus applicable sales tax)

Management Expense Ratio

0.75% As at December 31, 2023

Trading Expense Ratio

0.03% As at December 31, 2023

Currency

CAD

Currency Hedging

N/A

LEI

549300LZ6LFEZ0AAJM95

Distribution Metrics

As at September 27, 2024

Most Recent Distributions per Unit

$0.08230

Annualized Distribution Yield

2.04%

12-Month Trailing Yield

1.80%

Distribution Frequency

Quarterly

Record Date

September 27, 2024

Price and NAV

As at October 4, 2024

NAV / Unit

$16.12

Closing Price

$16.13

Premium Discount

$0.01

Premium Discount Percentage

0.08%

Outstanding Shares

2,350,783

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 Inovestor Canadian Equity Index ETF 1.40 6.33 7.47 14.39 27.06 10.62 10.66 - 9.26
Nasdaq Inovestor Canada Index (Total Return) 1.47 6.64 7.97 15.20 28.28 11.65 11.36 - 10.00

*Fund performance since inception on November 13, 2017, as at September 30, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Inovestor Canadian Equity Index ETF - - -10.45 23.00 2.10 20.89 -5.28 21.32
Nasdaq Inovestor Canada Index (Total Return) - - -9.81 24.15 1.97 21.68 -4.59 22.46

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
September 27, 2024 September 27, 2024 October 7, 2024 0.08230 Quarterly
June 28, 2024 June 28, 2024 July 8, 2024 0.06660 Quarterly
March 27, 2024 March 28, 2024 April 5, 2024 0.06567 Quarterly

Top Holdings

As at October 3, 2024

Security Name

Weight

NORTH WEST CO INC (THE) VARIABLE VTG AND VTG

4.64%

National Bank of Canada

4.40%

Emera Inc

4.33%

EQB INC

4.26%

Labrador Iron Ore Royalty Corp

4.24%

Intact Financial Corp

4.24%

Dollarama Inc

4.21%

Tourmaline Oil Corp

4.21%

Imperial Oil Ltd

4.20%

Enghouse Systems Ltd

4.20%

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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