Symbols

CEFA

Global X S&P Catholic Values Developed ex-U.S. ETF·NASDAQ

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Key Stats

Assets Under Management

33.90MUSD

Fund Flows (1Y)

8.47MUSD

Dividend Yield

2.67%

Discount/Premium to NAV

1.36%

Shares Outstanding

870.00K

Expense Ratio

0.35%

About Global X S&P Catholic Values Developed ex-U.S. ETF

Issuer

Global X Management Company LLC

Brand

Global X

Home Page

https://www.globalxetfs.com/funds/cefa/

Inception Date

Jun 22, 2020

Structure

Open-Ended Fund

Index Tracked

S&P Developed Ex-U.S. Catholic Values 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.

CEFA aims for principles-based divestment of certain companies without sacrificing plain-vanilla coverage of large cap firms from developed markets excluding US and Korea. Index construction starts from the S&P EPAC ex-Korea Large Cap Index, then checks the revenues of each component firm to see if any come from industries inconsistent with Catholic values per the US Conference of Catholic Bishops (USCCB). As such, CEFA has zero tolerance for firms with revenues from unconventional weapons, contraception, abortion, and stem cell research. Conventional military weapons sales can account for a maximum of 50% of revenues. Firms with evidence of using child labor are also omitted. The fund minimizes the investment impact of the divestment by maintaining cap-weighted sector exposure, and cap-weighted exposure within each sector. The index is rebalanced quarterly. CATH is a sibling fund focused on the US markets.