Global X FTSE Nordic Region ETF

Frequently Asked Questions About GXF

What does GXF invest in?

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Nordic 30 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to reflect the equity market performance of companies in Sweden, Denmark, Norway and Finland. The fund is non-diversified.

What is the expense ratio of GXF?

Global X FTSE Nordic Region ETF (GXF) charges an expense ratio of 0.51%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GXF?

Global X FTSE Nordic Region ETF (GXF) manages $37.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GXF actively managed or an index fund?

GXF is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GXF's is 0.51%) because there's no security selection cost.

When was GXF launched?

Global X FTSE Nordic Region ETF (GXF) launched in August 2009 and is managed by Global X.

How has GXF performed?

GXF's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.