CEFA Profile
The Global X S&P Catholic Values Developed ex-U.S. ETF is an investment fund designed to align with Catholic social and moral teachings while offering exposure to developed market equities outside the United States. The fund employs a strategy that involves investing at least 80% of its total assets, including any borrowings for investment purposes, in securities that are part of the underlying index. This also includes American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that represent securities within the index.
The underlying index is specifically constructed to include equities from developed markets, excluding the U.S., and adheres to ethical guidelines that reflect Catholic values. This index screens companies based on their compliance with social and moral criteria, ensuring that investments align with the ethical standards of the Catholic Church. By focusing on companies that meet these criteria, the fund aims to provide investors with a portfolio that reflects both financial and ethical considerations.
In addition to its ethical focus, the fund offers broad diversification across various sectors and regions within developed markets outside the U.S. This diversification is intended to reduce risk and enhance potential returns by spreading investments across a wide range of companies and industries. The fund's approach combines financial performance with adherence to Catholic values, appealing to investors who seek both ethical and economic objectives.
The Global X S&P Catholic Values Developed ex-U.S. ETF is non-diversified, concentrating its investments in a specific set of securities that meet the criteria of the underlying index. This focused strategy allows the fund to maintain alignment with its ethical guidelines while providing targeted exposure to international equity markets. Investors in this fund can expect a portfolio that reflects their values while participating in global market opportunities.
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