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Global X Pipelines & Energy Services Index ETF

PPLN

Annualized Distribution Yield

As at May 17, 2024

3.79%

Reasons to Consider PPLN

Exclusive Midstream Focus

PPLN is the first Canadian-listed ETF exclusively focused on midstream Canadian oil and gas companies, allowing investors to participate in the transportation and distribution aspects of the oil and gas industry, which are vital for connecting upstream production with downstream refineries and distributors.

Potentially Reduced Volatility

Pipelines typically exhibit lower volatility compared to energy production companies due to their locked-in pricing for transporting energy products, despite being influenced by energy prices.

Diversification Benefits

Investing in PPLN provides diversification within the energy sector, as midstream companies typically have different risk profiles compared to upstream exploration and downstream refining companies, potentially reducing overall portfolio risk.

Investment Objective

PPLN seeks to replicate, to the extent possible, the performance of the Solactive Pipelines & Energy Services Index, net of expenses. The Solactive Pipelines & Energy Services Index is designed to provide exposure to equity securities of certain Canadian oil and gas companies in the Midstream Sector.

NAV

$10.72

$0.0461

0.43%

Volume

631

Price

$10.68

$0.02

0.19%

Last Close

$10.66

Annualized Distribution Yield

3.79%

Prices delayed by 15 minutes.

Last Trade: May 17, 2024
Equity
Sector
Canadian
Thematic

Risk Rating:

High

Product Details

Fund Details

Ticker

PPLN

CUSIP

37963K102

Inception Date

July 14, 2014

Net Assets

$32,047,657

Consolidated Prior Day Volume

3,591

Average Daily Trading Volume Over a 12 Month Period

11,217

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

SOLCOGTR

Management Fee

0.55% (Plus applicable sales tax)

Management Expense Ratio

0.74% As at December 31, 2023

Trading Expense Ratio

0.05% As at December 31, 2023

Currency

CAD

Currency Hedging

N/A

LEI

549300526QDXF64XFD43

Distribution Metrics

As at March 28, 2024

Most Recent Distributions per Unit

$0.10157

Annualized Distribution Yield

3.79%

12-Month Trailing Yield

3.79%

Distribution Frequency

Quarterly

Record Date

March 28, 2024

Price and NAV

As at May 17, 2024

NAV / Unit

$10.72

Closing Price

$10.68

Premium Discount

$-0.04

Premium Discount Percentage

-0.33%

Outstanding Shares

2,990,855

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 Pipelines & Energy Services Index ETF -3.42 1.40 12.59 5.00 14.93 11.83 8.06 - 5.07
Solactive Pipelines & Energy Services Index -3.37 1.59 13.10 5.29 15.96 12.76 9.04 - 5.97

*Fund performance since inception on July 14, 2014, as at April 30, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Pipelines & Energy Services Index ETF 39.01 -2.17 -12.07 20.48 -17.96 34.59 15.94 9.09
Solactive Pipelines & Energy Services Index 40.71 -1.47 -11.52 21.90 -17.06 35.15 17.36 10.03

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
March 27, 2024 March 28, 2024 April 5, 2024 0.10157 Quarterly

Top Holdings

As at April 30, 2024

Security Name

Weight

Keyera Corp

8.94%

AltaGas Ltd

8.75%

Pembina Pipeline Corp

8.69%

Enbridge Inc

8.65%

Secure Energy Services Inc

8.61%

Gibson Energy Inc

8.41%

Enerflex Ltd

8.41%

MATTR CORP .

8.13%

Parkland Fuel Corp

8.11%

TC Energy Corp

7.69%

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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