NGE

Fund Description
The Global X MSCI Nigeria ETF ETF 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.
Fund Profile
Fund Name Global X MSCI Nigeria ETF
Fund Exchange Ticker NGE
Fund Sponsor Global X
Fund ISIN US37954Y6656
Net Expense Ratio 0.91 %
Fund Inception Date 2 April 2013
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Country Specific
Asset Class Equities (Stocks)
Index Linked Passive
Index Name MSCI All Nigeria Select 25/50 Index
Index Provider MSCI
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Emerging Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent Africa
Key Statistics
Return As of Date 17 March 2023
Asset Under Management 40.91 Million (USD)
1 Month Total Return -11.93 %
Year To Date Return 11.59 %
1 Year Total Return -12.63 %
3 Year Annualized Total Return 2.33 %
NAV 13.81
Share Outstanding 2,962,140
Top 10 Holdings (17 March 2023)
Constituent Name Constituent Ticker Constituent Type Weighting
DANGOTE CEMENT PLC DANGCEM EQUI 0.1611000000
GUARANTY TRUST HOLDING CO PL GTCO EQUI 0.0820000000
ZENITH BANK PLC ZENITHBA EQUI 0.0773000000
NESTLE NIGERIA PLC NESTLE EQUI 0.0660000000
MTN NIGERIA COMMUNICATIONS P MTNN EQUI 0.0610000000
FBN HOLDINGS PLC FBNH EQUI 0.0603000000
NIGERIAN NAIRA CASH 0.0514000000
FIDELITY BANK/NIGERIA FIDELITY EQUI 0.0491000000
LAFARGE AFRICA PLC WAPCO EQUI 0.0421000000
STANBIC IBTC HOLDINGS PLC STANBIC EQUI 0.0416000000