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Global X
A North American cannabis equity fund: 16 stocks, 52% United States, priced in US dollars, for 0.75% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Healthcare sector exposure. 64.4% of the portfolio is in Healthcare, so results largely reflected that sector.
Top holding: Jazz Pharmaceuticals PLC 12.4% (tilted) · Top sector: Healthcare 64.4% (single-sector) · Top region: United States 52.2% (region-tilted)
Healthcare 64.4%·Real Estate 10.7%·Consumer Staples 10.4%·Financials 8.0%·Materials 4.5%·Other 2.5%
United States 52.2%·Canada 46.7%·Oceania 1.6%
Look-through via underlying funds.
The management fee was 0.75% a year, or about $75 for every $10,000 held. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
How durable the fund is, and what moved its price.
| Assets | $29M· net assets |
| Listed | 2017· 9 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | HMMJ.U.TO |
| Exchange | TSX |
| Currency | USD |
| FX strategy | USD |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Cannabis |
| Provider | Global X |
| Mgmt fee | 0.75% |
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Prices as of last close.
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