Global X Equal Weight Canadian REITs Index Corporate Class ETF
HCRE offers investors exposure to the Canadian real estate market through a diversified portfolio of REITs, allowing them to participate in the potential rental income and potential capital appreciation generated by real estate properties.
HCRE offers investors a diversified approach to real estate investing across various types of real estate properties, such as office buildings, apartment complexes, and shopping centers, that can help mitigate specific sector risks and enhance overall portfolio stability.
Part of the Global X Total Return Index family of ETFs, HCRE’s usage of a total return swap contract to replicate index performance typically increases tax efficiency. Further, HCRE is not expected to make taxable distributions, making it potentially advantageous for taxable accounts.
NAV
$24.28
$-0.0685
-0.28%
Volume Real-time volume on the Toronto Stock Exchange only
200
Price
$24.36
$0.01
0.04%
Last Close
$24.35
Prices delayed by 15 minutes.
Last Trade: May 10, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Medium
Ticker
HCRE
CUSIP
37963L100
Inception Date
January 22, 2019
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$46,816,972
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
4,375
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
5,859
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCREW
Management Fee
0.30% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.33% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.00% As at December 31, 2023
Currency
CAD
Currency Hedging
N/A
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300EUMF6D3NRFS120
As at May 10, 2024
NAV / Unit
$24.28
Closing Price
$24.05
Premium Discount
$-0.23
Premium Discount Percentage
-0.96%
Outstanding Shares
1,928,080
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.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X Equal Weight Canadian REITs Index Corporate Class ETF | -4.37 | -4.50 | 12.13 | -4.55 | -4.65 | -1.84 | 2.08 | - | 3.30 |
| Solactive Equal Weight Canada REIT Index (Total Return) | -4.35 | -4.42 | 12.32 | -4.43 | -4.34 | -1.51 | 2.45 | - | 3.68 |
*Fund performance since inception on January 22, 2019, as at April 30, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X Equal Weight Canadian REITs Index Corporate Class ETF | - | - | - | - | -6.97 | 34.48 | -17.46 | 1.08 |
| Solactive Equal Weight Canada REIT Index (Total Return) | - | - | - | - | -6.66 | 34.92 | -17.18 | 1.40 |
As at April 30, 2024
Security Name
Weight
NorthWest Healthcare Properties REIT - Units
5.99%
Artis REIT - Units
5.37%
Chartwell Retirement Residences - Units
5.12%
H&R REIT - Units
4.96%
BSR REIT - Units
4.92%
Primaris Real Estate Investment Trst Sr A
4.84%
Slate Grocery REIT - Units Cl U
4.82%
Allied Properties REIT - Units
4.81%
Dream Industrial REIT - Units
4.80%
SmartCentres REIT - Units
4.77%
Holdings are subject to change.