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NGE  Global X MSCI Nigeria ETF
Exchange-Traded Fund
NYSE Arca

Morningstar Summary

Ratings & Reports

  • Overall
    as of --
    Star Rating: 0Not Rated
    Out of -- funds
  • 3 Year
    Star Rating: 0Not Rated
    Out of -- funds
  • 5 Year
    Star Rating: 0Not Rated
    Out of -- funds
  • 10 Year
    Star Rating: 0Not Rated
    Out of -- funds

Historical Risk

  • Low
  • Below Average
  • Avg
  • Above Average
  • High

Historical Return

  • Low
  • Below Average
  • Avg
  • Above Average
  • High

Morningstar Style Box

Market Cap vs. Investment Style
Selected Values: Investment Style: Small, Market Cap: Blend
Value
Blend
Growth
Large
Mid
Small

Price Movement of NGE

Chart for Price Movement
NGE is up 2.10% over the last 3 days.
Bid/Ask1$12.52 / $17.95
Open$17.48
Previous Close$17.50
Day Low/High
Last Price
$17.50  37% or $0.20 from its Day low
$17.30
$17.83
52 Week Range
Last Price
$17.50  8% or $0.90 from its 52 Week low
$16.60
9/13/2018
$27.10
1/18/2018
Price/Earnings7.49x
Price/Cash Flow--
Price/Revenue0.87x

Fund Detail

as of 8/31/2018

Profile

Profile
Total Net Assets$44.6 M
Premium/Discount-1.41%
Portfolio Turnover21.07%
Total Holdings24
Fund TypeETF
Transaction FeeYes

Distributions and Yield

Distributions and Yield
Distribution Yield2.16%
Most Recent Dividend$0.4170
Previous Pay Date1/09/2018
Ex-Date12/28/2017
Distribution FrequencyAnnually
SEC Yield4.07%

Total Returns

as of 8/31/2018

Standardized Returns

Standardized Returns: Monthly
Description3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception3 Month1 Year3 Year5 Year10 YearInception
NGE Market Price
-18.87%-12.30%-17.94%-19.09%---18.36%-9.80%-10.50%-14.53%-17.62%---18.13%-8.98%17.11%-15.31%-15.19%---16.52%
NGE NAV
-20.58%-12.74%-17.39%-18.36%---18.36%-10.04%-7.15%-13.77%-16.97%---17.26%-5.75%18.01%-14.57%-14.88%---15.68%
Miscellaneous Region
Morningstar Category
-------------1.43%-4.61%3.42%3.87%4.67%---7.46%-8.08%6.26%3.00%5.01%--
S&P 500
Index
4.42%17.79%15.58%13.44%11.97%10.77%7.76%19.66%16.11%14.52%10.86%10.79%3.43%14.37%11.93%13.42%10.17%10.68%
View Performance >

Top 5 Holdings

as of 8/31/2018
Top 5 Holdings
--Guaranty Trust Bank PLC14.66%
--Nestle Nigeria PLC11.15%
--Nigerian Breweries PLC10.37%
--Zenith Bank PLC8.76%
--Dangote Cement PLC5.04%
Total
49.98%
More Holdings >

Top Sectors

as of 8/31/2018
Top SectorsTop Sectors
Sector% of Holdings
Financial Services51.18%
Consumer Defensive36.79%
Basic Materials7.65%
Utilities2.25%
Other2.12%
Total99.99%
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Additional Trading Options
Fund Highlights
Fund Strategy
The investment seeks to provide investment results that correspond generally to the price and yield performance- before fees and expenses- of the MSCI All Nigeria Select 25/50 Index. The fund will invest 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 represent the performance of the broad Nigeria equity universe- while including a minimum number of constituents. The fund is non-diversified.
Morningstar Category
Miscellaneous Region stock portfolios invest in countries or smaller regions that do not have their own category. They typically have a narrow geographical range.
  • Inception Date
    04/02/2013
  • 0.88%
    Net Expense may include reimbursements or fee waivers, which may be voluntary or contractual and may expire. See prospectus for more details.
  • Gross Expense Ratio
    0.88%
  • Index Fund
    Yes
  • Leveraged Fund
    No
  • Socially Conscious
    No
  • Actively Managed
    No
  • Fund Family
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