GURU August 2018 Rebalance Report

by: Global X ETFs

On August 23th, the Global X GURU Index ETF (NYSEARCA:GURU) underwent its quarterly rebalance. The August 2018 GURU Report can be found here.

Notable observations from this rebalance period include the following:

  • GURU's index, the Solactive Guru Index, has outperformed the S&P 500, GURU's broad-market benchmark by 0.42% (42 bps) year to date through August 23rd. GURU has been supported by strong selections in the Health Care and Energy sectors.
  • GURU had 4 deletions from the Health Care sector, potentially signaling profit taking within that sector. Two new Health Care companies were added.
  • GURU's Consumer Discretionary overweight relative to the S&P 500 fell to 3% and its Tech underweight relative to the S&P 500 decreased to 4%.

Index returns are for illustrative purposes only and do not represent actual Fund performance. Index returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. The performance data quoted represents past performance. Past performance does not guarantee future results. For current GURU holdings and performance data current to the most recent month- and quarter-end, please click here.

Investing involves risk, including the possible loss of principal. The 13F filings used to select the securities in GURU's Underlying Index are filed by each hedge fund approximately 45 days after the end of each calendar quarter. Therefore a given hedge fund may have already sold its position by the time of the 13F filing. The fund's manager employs leverage, which may accelerate the velocity of potential gains or losses. The fund invests in small and mid-capitalization companies, which have greater volatility and less financial resources than large-capitalization companies. The fund may hold foreign securities which are subject to different risks than domestic securities, including foreign currency fluctuation, different financial and accounting standards, and political instability.

Shares of Global X Funds are bought and sold at market price, not NAV, and are not individually redeemed from the fund. Buying and selling shares will result in brokerage commissions.

Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's summary or full prospectus, which may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by visiting www.globalxfunds.com. Read the prospectus carefully before investing.

Global X Management Company, LLC serves as an advisor to the Global X Funds. The Global X Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Global X Management Company.