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NORW

Global X MSCI Norway ETF·ARCA
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Key Stats

Assets Under Management
163.14MUSD
Fund Flow (1Y)
79.20MUSD
Dividend Yield
2.74%
Discount / Premium to NAV
1.33%
Shares Outstanding
4.33M
Expense Ratio
0.50%

About Global X MSCI Norway ETF

Issuer
Global X Management Company LLC
Brand
Global X
Inception Date
Nov 9, 2010
Structure
Open-Ended Fund
Index Tracked
MSCI Norway IMI 25/50 Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
NORW offers targeted exposure to the large-, mid and small-cap segments of the Norwegian market. It will generally invest at least 80% of its total assets in the securities of the underlying index as well as in American and Global Depositary Receipts based on these securities. The underlying index's 25/50 methodology reflects certain investment limits that are imposed on regulated investment companies under the current US Internal Revenue Code, specifically: No group entity exceeds 25% of index weight and all those that weigh above 5% cannot exceed 50% of the index weight. Prior to July 15, 2014, the fund was previously named Global X FTSE Norway 30 ETF and tracked the FTSE Norway 30 Index. On October 29, 2021, the fund merged with Global X FTSE Nordic Region ETF (GXF).

Classification

Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Market cap

Analysis

Sector

Energy

28.95%

Financial Services

22.17%

Industrials

14.97%

Consumer Defensive

12.70%

Basic Materials

10.66%

Communication Services

5.86%

Technology

3.32%

Utilities

0.73%

Real Estate

0.42%

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Asset

Holdings

Symbol

Ratio

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EQUINOR ASA

14.94%
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DNB BANK ASA

11.67%
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KONGSBERG GRUPPEN ASA

7.92%
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NORSK HYDRO ASA

6.16%
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AKER BP ASA

4.95%

Symbol

Ratio

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MOWI ASA

4.53%
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YARA INTERNATIONAL ASA

4.06%
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TELENOR ASA

3.86%
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ORKLA ASA

3.71%
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STOREBRAND ASA

3.20%

Top 10 Weight 65%

60 Total Holding

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

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