1719071966

Global X K-pop and Culture ETF

3158 HKD

Invest in 3158

Important Information

Investors should not base investment decisions on this website alone. Please refer to the Prospectus for details including product features and the risk factors. Investment involves risks. Past performance is not indicative of future performance. There is no guarantee of the repayment of the principal. Investors should note:

  • The investment objective of Global X K-pop and Culture ETF (the “Fund”) is to provide investment results that, before fees and expenses, closely correspond to the performance of the Solactive K-pop and Culture Index (the “Index”).
  • The Index is a new index. The Index has minimal operating history by which investors can evaluate its previous performance. There can be no assurance as to the performance of the Index. The Fund may be riskier than other exchange traded funds tracking more established indices with longer operating history.
  • The Fund is subject to concentration risk as a result of tracking the performance of a single geographical region or country (South Korea). The Fund may likely be more volatile than a broad-based fund, such as a global equity fund, as it is more susceptible to fluctuations in value of the Index resulting from adverse conditions in South Korea. The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the South Korean market.
  • The Fund’s investments are concentrated in companies in various industries and sectors including entertainment, communication services, internet, gaming, consumer staples, consumer discretionary as well as food. The business performance of these industries or sectors are subject to a wide range of risks. Fluctuations in the business for companies in these industries or sectors will have an adverse impact on the Net Asset Value of the Fund.
  • The Fund may invest in small and/or mid-capitalisation companies. The stock of small-capitalisation and mid-capitalisation companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger capitalisation companies in general.
  • Underlying investments of the Fund may be denominated in currencies other than the base currency of the Fund. In addition, the base currency of the Fund is KRW but the trading currency of the Fund is in HKD. The Net Asset Value of the Fund and its performance may be affected unfavourably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.
  • The borrower may fail to return the securities in a timely manner or at all. The Fund may as a result suffer from a loss or delay when recovering the securities lent out. This may restrict the Fund’s ability in meeting delivery or payment obligations from redemption requests. As part of the securities lending transactions, there is a risk of shortfall of collateral value due to inaccurate pricing of the securities lent or change of value of securities lent. This may cause significant losses to the Fund.
  • The trading price of the Shares on the SEHK is driven by market factors such as the demand and supply of the Shares. Therefore, the Shares may trade at a substantial premium or discount to the Fund’s Net Asset Value.
  • Payments of distributions out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction in the Net Asset Value per Share of the Fund and will reduce the capital available for future investment.

Why Global X K-pop and Culture ETF?

High Growth Potential

Korea's exports from music and video grew 48% YoY in 2022.* This indicates the growth opportunities in exporting K-pop artists to global markets, as ll as developing non-K-pop artists in local markets.

*Source: BOK, Macquarie Research, May 2023.

Uniquely Targeted Exposure

The fund provides a uniquely targeted exposure to Korean companies representing K-pop music, K-drama, food, internet, gaming and beauty sectors.

ETF Efficiency

By investing in the ETF, investors can access 30 Korean companies across multiple industries, offering a well-diversified portfolio.

Fund InformationAs of 20 Jun 2024

Fund Inception Date 18 Mar 2024
SEHK Listing Date 19 Mar 2024
Fiscal Year Ending 31 Mar
Ongoing Charges Over A Year ^ 0.68%
Distribution Frequency Annually (usually in May of each year) at the Manager’s discretion.*
NAV Per Share KRW $10,868.70
^ The Fund adopts a single management fee structure, whereby a single flat fee will be paid out of the assets of the Fund to cover all of the costs, fees and expenses of the Fund. Click to learn more. * Dividend is not guaranteed, distributions may be made out of capital or income at the Manager’s discretion. Positive distribution does not imply positive return. Please refer to the IMPORTANT INFORMATION section above and the Fund’s prospectus for further details.

Index Information 1 As of 20 Jun 2024

Underlying Index Solactive K-pop and Culture Index 2
Index Type Net Total Return
Base Currency KRW
Closing Level 1,222.27
Change -10.34
Change % -0.84%

Trading InformationAs of 20 Jun 2024

Exchange Hong Kong Stock Exchange
Stock Code 3158
ISIN HK0000978947
Board Lot Size 50 Units
Trading Currency HKD
Total Net Asset Value $10,721,056.16
Outstanding Units 175,000

ETF Summary

The Fund seeks to provide investment results that, before fees and expenses, closely correspond to the performance of the Solactive K-pop and Culture Index (the “Index”).

ETF Prices

* Market prices are provided on a 15-minute delayed basis by ICE Data Services. (See terms and conditions)

Daily NAV per Unit4As of 20 Jun 2024

NAV Change % Change
Official NAV per Unit in KRW ₩10,868.70 ₩-91.76 -0.84%
NAV per Unit in HKD 5 $61.26 $-0.52 -0.84%

Performance

Cumulative Return Fund NAV (%) Benchmark (%)
1 Mth - -
3 Mths - -
6 Mths - -
1 Yr - -
YTD - -
Since Inception - -
Calendar Year Return Fund NAV (%) Benchmark (%)
2023 - -
2022 - -
2021 - -
2020 - -
2019 - -
^ Since listing date to the end of the calendar year.
Source: Mirae Asset Global Investments (Hong Kong) Limited.
• Past performance information is not indicative of future performance. Investors may not get back the full amount invested.
• The computation basis of the performance is based on the calendar year end, NAV-to-NAV, with dividend reinvested.
• These figures show by how much the Fund increased or decreased in value during the calendar year shown.
• Performance data has been calculated in KRW including ongoing charges and excluding trading costs on SEHK you might have to pay.
• Where no past performance is shown there was insufficient data available in that year to provide performance.
• The Index of the Fund is Solactive K-pop and Culture Index.
• Fund inception date: 18 Mar 2024

Holdings Overview As of 20 Jun 2024

Total Net Asset Value (in KRW) Number of Securities Securities (%) Cash and Cash Equivalent (%)
1,902,022,858.00 30 99.86 0.14

Daily HoldingsAs of 20 Jun 2024

Name of Securities Exchange Ticker Exchange Market Price (in KRW) Number of Shares Held Market Value (in KRW) Net Assets (%)
CJ ENM CO LTD 035760 KS Seoul 84,800.00 2,017 171,041,600.00 8.99
HYBE CO LTD 352820 KS Seoul 202,500.00 782 158,355,000.00 8.33
SM ENTERTAINMENT CO LTD 041510 KS Seoul 79,900.00 1,955 156,204,500.00 8.21
JYP ENTERTAINMENT CORP 035900 KS Seoul 56,200.00 1,998 112,287,600.00 5.90
KRAFTON INC 259960 KS Seoul 291,500.00 383 111,644,500.00 5.87
AMOREPACIFIC CORP 090430 KS Seoul 172,800.00 608 105,062,400.00 5.52
CJ CHEILJEDANG CORP 097950 KS Seoul 394,000.00 250 98,500,000.00 5.18
STUDIO DRAGON CORP 253450 KS Seoul 41,600.00 2,259 93,974,400.00 4.94
YG ENTERTAINMENT INC 122870 KS Seoul 40,200.00 2,316 93,103,200.00 4.89
LG H&H 051900 KS Seoul 373,000.00 238 88,774,000.00 4.67
SAMYANG FOODS CO LTD 003230 KS Seoul 644,000.00 120 77,280,000.00 4.06
NCSOFT CORP 036570 KS Seoul 193,500.00 352 68,112,000.00 3.58
ORION CORP 271560 KS Seoul 95,200.00 638 60,737,600.00 3.19
NAVER CORP 035420 KS Seoul 167,200.00 335 56,012,000.00 2.94
KAKAO CORP 035720 KS Seoul 42,400.00 1,278 54,187,200.00 2.85
NONGSHIM CO LTD 004370 KS Seoul 514,000.00 94 48,316,000.00 2.54
COSMAX INC 192820 KS Seoul 180,000.00 266 47,880,000.00 2.52
CJ CORP 001040 KS Seoul 122,600.00 386 47,323,600.00 2.49
PEARL ABYSS CORP 263750 KS Seoul 42,950.00 845 36,292,750.00 1.91
NETMARBLE CORP 251270 KS Seoul 53,900.00 618 33,310,200.00 1.75
WYSIWYG STUDIOS CO LTD 299900 KS Seoul 1,807.00 15,717 28,400,619.00 1.49
KOLMAR KOREA CO LTD 161890 KS Seoul 67,600.00 389 26,296,400.00 1.38
WEMADE CO LTD 112040 KS Seoul 41,600.00 573 23,836,800.00 1.25
AMOREPACIFIC GROUP 002790 KS Seoul 33,850.00 672 22,747,200.00 1.20
KAKAO GAMES CORP 293490 KS Seoul 21,400.00 994 21,271,600.00 1.12
LOTTE CORP 004990 KS Seoul 25,000.00 824 20,600,000.00 1.08
DEVSISTERS CO LTD 194480 KS Seoul 59,700.00 224 13,372,800.00 0.70
NEXON GAMES CO LTD 225570 KS Seoul 14,260.00 599 8,541,740.00 0.45
COM2US CORP 078340 KS Seoul 36,800.00 227 8,353,600.00 0.44
HARIM HOLDINGS CO LTD 003380 KS Seoul 6,170.00 1,210 7,465,700.00 0.39
Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables.
20240620-.8372-0.838870364511071222.27

Tracking Difference / Error

Tracking Difference / Tracking Error

Tracking Difference
Tracking difference is the return difference between the Fund and the Underlying Index over a certain period of time.
Tracking Error
Tracking error measures how consistently the Fund follows the Underlying Index. It is the volatility (measured by standard deviation) of that return difference.

Tracking Difference (TD)

Fund Listing Date:19 Mar 2024

Estimated Annual TD: -2.00%

TD (Since Listing): N/A%

Tracking Error (TE)

Fund Listing Date:19 Mar 2024

Rolling 1 Year TE^ :N/A%

^ Annualized based on the number of dealing days in the past year when daily TD is calculated.


Graph for Tracking Difference

ETFs performance is calculated on an NAV to NAV basis and assumes reinvestment of distribution.

Hover over the chart points for details

Market Makers 6

Mirae Asset Securities Co., Ltd.

China Merchants Securities (HK) Co., Limited

Participating Dealers 7

China Merchants Securities (HK) Co., Limited

Mirae Asset Securities (HK) Limited

Haitong International Securities Company Limited

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Before making any investment decision to invest in the Product, investors should read the Product’s prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the Product and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investments.

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