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About GLOBAL X INVESTMENTS CANADA INC. BETAPRO S&P 500 DAILY INVERSE ETF
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Inception date
Feb 3, 2010
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund seeks investment results that correspond to the inverse of the daily performance of its underlying index, which is designed to measure the performance of 500 of the largest companies (in market capitalization) in leading industries of the US economy. Constituents are selected at the discretion of the index committee and weighted by float-adjusted market capitalization. As a levered fund, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash105.10%
Miscellaneous−5.10%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPXI assets under management is 24.63 M CAD. It's fallen 2.74% over the last month.
SPXI fund flows account for 7.31 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, SPXI doesn't pay dividends to its holders.
SPXI shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand BetaPro. The ETF was launched on Feb 3, 2010, and its management style is Passive.
SPXI expense ratio is 1.82% meaning you'd have to pay 1.82% of your investment to help manage the fund.
SPXI follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPXI invests in cash.
SPXI price has fallen by −4.57% over the last month, and its yearly performance shows a −10.18% decrease. See more dynamics on SPXI price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.76% over the last month, showed a −15.78% decrease in three-month performance and has decreased by −10.43% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.76% over the last month, showed a −15.78% decrease in three-month performance and has decreased by −10.43% in a year.
SPXI trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.