GURU


Guru Index ETF

Fund Summary

The Global X Guru® Index ETF (GURU) seeks to generate alpha over the broad market by investing in highest conviction ideas from a select pool of hedge funds.

Fund Objective

The Global X Guru® Index ETF (GURU) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Guru Index.

Why GURU?

Access Ideas

GURU allows everyday investors to access the high conviction investments of some of the largest, most sophisticated hedge funds in the world.

Alpha Potential

By investing alongside hedge funds, GURU seeks to benefit from their top tier research and knowledge to outperform US equity benchmarks such as the S&P 500.

Cost Efficiency

Traditionally, investing with a hedge fund requires paying an ongoing 2% management fee and 20% of profits. GURU has an expense ratio of 0.75%, potentially allowing for greater cost efficiency, while providing access to hedge fund ideas.

Fund Details As of 6/14/19

Key Facts

Ticker GURU
Inception Date 6/4/12
CUSIP 37950E341
ISIN US37950E3412
Bloomberg Index Ticker GURU
Primary Exchange NYSE Arca

Stats & Fees

Net Assets $57,931,119
NAV $32.18
Shares Outstanding 1,800,000
Total Expense Ratio 0.75%

Distributions

30-Day SEC Yield 0.73%
Distribution Frequency Semi-Annually

Fund Prices As of 6/14/19

NAV Price
Net Asset Value $32.18 Closing Price $32.16
Daily Change -$0.10 -0.31% Daily Change -$0.10 -0.31%

Performance History

Cumulative %

Data as of month end (5/31/19)

Fund NAV Closing Price Index
1 Month -8.46% -8.41% -8.42%
3 Months -3.06% -3.09% -2.93%
6 Months 0.51% 0.61% 0.53%
Since Inception 123.41% 123.56% 129.80%

Avg Annualized %

Data as of month end (5/31/19)

Fund NAV Closing Price Index
1 Year -0.36% -0.90% -0.15%
3 Years 11.46% 11.53% 11.69%
5 Years 4.39% 4.39% 4.69%
Since Inception 12.19% 12.20% 12.64%

Avg Annualized %

Data as of quarter end (3/31/19)

Fund NAV Closing Price Index
1 Year 7.96% 7.99% 8.18%
3 Years 13.76% 13.79% 13.98%
5 Years 5.93% 5.93% 6.25%
Since Inception 13.21% 13.21% 13.65%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Fund Characteristics As of 6/13/19

Return on Equity 16.00%
Average Market Cap $126,396.00 M
2018 2019
Price-to-earnings 17.08 16.34
Price-to-book value 2.80 2.46

Source: AltaVista Research, LLC

Fund Risk Stats As of 6/13/19

Versus Beta
S&P 500 1.07
MSCI EAFE 0.95
MSCI Emg. Mkts 0.65
Standard Deviation 13.10%

Source: AltaVista Research, LLC

Top 10 Holdings

As of 6/14/19
Net Assets % Name Market Price ($) Shares Held Market Value ($)
2.27 ARRAY BIOPHARMA INC 29.59 44,538 1,317,879.42
1.82 SHERWIN-WILLIAMS CO/THE 473.65 2,232 1,057,186.80
1.77 PERKINELMER INC 92.94 11,046 1,026,615.24
1.77 DANAHER CORP 139.63 7,348 1,026,001.24
1.77 UNITED CONTINENT 87.12 11,770 1,025,402.40
1.76 NEUROCRINE BIOSC 83.92 12,150 1,019,628.00
1.76 AIR PRODS & CHEM 219.25 4,641 1,017,539.25
1.75 AMERICAN TOWER CORP 211.23 4,812 1,016,438.76
1.75 WALT DISNEY CO/THE 141.65 7,173 1,016,055.45
1.75 EBAY INC 38.91 26,079 1,014,733.89
Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables.

Investing involves risk, including the possible loss of principal. The 13F filings used to select the securities in GURU’s Underlying Index are filed by each hedge fund approximately 45 days after the end of each calendar quarter. Therefore a given hedge fund may have already sold its position by the time of the 13F filing. The Fund invests in small and mid-capitalization companies, which have greater volatility and less financial resources than large-capitalization companies. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations.

 

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange. Closing price returns do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

High short-term performance of the Fund is unusual and investors should not expect such performance to be repeated.

 

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO nor Global X is affiliated with Solactive AG.