Symbols

NORW

Global X MSCI Norway ETF·NYSE

--(--)

Key Stats

Assets Under Management

57.79MUSD

Fund Flows (1Y)

-632.10KUSD

Dividend Yield

3.42%

Discount/Premium to NAV

0.18%

Shares Outstanding

1.92M

Expense Ratio

0.50%

About Global X MSCI Norway ETF

Issuer

Global X Management Company LLC

Brand

Global X

Home Page

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

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).