Key stats
About GLOBAL X EQUAL WEIGHT CANADIAN TELE CL A UNIT
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Inception date
Nov 7, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The fund is passively managed to target Canadian telecommunication companies. It employs FactSet Industry classification to identify companies under the communications sector. Companies incorporated in Canada are screened for minimum market-cap and liquidity requirements. However, these requirements may be relaxed until the minimum number of three securities is met. The index is reconstituted and rebalanced quarterly, assigning each security equal weights.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RING last dividends amounted to 0.12 CAD. The month before, the issuer paid 0.12 CAD in dividends,
RING assets under management is 91.24 M CAD. It's risen 5.54% over the last month.
RING fund flows account for 100.79 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.
Yes, RING pays dividends to its holders with the dividend yield of 8.34%. The last dividend (Jun 6, 2025) amounted to 0.12 CAD. The dividends are paid monthly.
RING shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Nov 7, 2024, and its management style is Passive.
RING follows the Mirae Asset Equal Weight Canadian Telecommunications Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RING price has risen by 2.35% over the last month, and its yearly performance shows a −15.96% decrease. See more dynamics on RING price chart.
NAV returns, another gauge of an ETF dynamics, showed a −7.51% decrease in three-month performance and has decreased by −2.97% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −7.51% decrease in three-month performance and has decreased by −2.97% in a year.
RING trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.