NORW

Fund Description
NORW seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Norway IMI 25/50 Index. On 10/27, the Global X FTSE Nordic Region ETF (GXF) changed the underlying index it tracks (as well as its portfolio holdings) to the MSCI Norway IMI 25/20 Index. The Global X MSCI Norway ETF (NORW) & GXF traded as usual on 10/28/2021 and on 10/29/2021, with both funds tracking the MSCI Norway IMI 25/20 Index. Following the close on 10/29, GXF acquired NORW, and GXF changed its name to the 'Global X MSCI Norway ETF' and its ticker to 'NORW'. As GXF is the acquiring fund, the merged fund retained GXF's original CUSIP & ISIN.
Fund Profile
Fund Name Global X MSCI Norway ETF
Fund Exchange Ticker NORW
Fund Sponsor Global X
Fund ISIN US37950E1010
Net Expense Ratio 0.50 %
Fund Inception Date 17 August 2009
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 Norway IMI 25/50 Index
Index Provider MSCI
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Europe
Key Statistics
Return As of Date 17 March 2023
Asset Under Management 69.15 Million (USD)
1 Month Total Return -10.92 %
Year To Date Return -10.16 %
1 Year Total Return -29.35 %
3 Year Annualized Total Return 45.70 %
NAV 23.08
Share Outstanding 2,996,110
Top 10 Holdings (17 March 2023)
Constituent Name Constituent Ticker Constituent Type Weighting
EQUINOR ASA EQNR EQUI 0.1701000000
DNB BANK ASA DNB EQUI 0.1052000000
NORSK HYDRO ASA NHY EQUI 0.0589000000
TELENOR ASA TEL EQUI 0.0519000000
AKER BP ASA AKRBP EQUI 0.0478000000
YARA INTERNATIONAL ASA YAR EQUI 0.0452000000
MOWI ASA MOWI EQUI 0.0440000000
ORKLA ASA ORK EQUI 0.0333000000
TOMRA SYSTEMS ASA TOM EQUI 0.0232000000
KONGSBERG GRUPPEN ASA KOG EQUI 0.0222000000