US 100 ETF - Global X ETFs - Australia
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N100

US 100 ETF

Invest in N100
Overview Performance Holdings & Characteristics Research Documents FAQs

Reasons to Consider N100

Target Innovation

Gain exposure to 100 of the top technology and innovation-driven companies on the US market.

Core Portfolio Allocation

Providing investors with a core portfolio building block with sector and geographical diversification away from popular Australian holdings.

Competitive Management Fee

Australia’s lowest-cost ETF of its kind with a management fee of 0.24% p.a.

Product Information As of 5 Dec 2023

Inception Date 21 Aug 2023
Management Costs (% p.a.) 0.24
Currency Hedged No
Domicile Australia
Legal Form Managed Investment Scheme
SMSF Eligible Yes

NAV Information As of 5 Dec 2023

NAV/Unit (A$) 10.40100000
Currency (NAV) AUD
Shares Outstanding 1,100,000
AUM (A$) 11,441,121.82

Product Summary

The Global X US 100 ETF, often referred to as N100, seeks to invest in 100 of the largest non-financial companies listed on the US market. It focuses on innovation-driven companies, providing a growth tilt to core portfolio holdings. With a diverse range of companies spanning technology, consumer goods, healthcare, and more, investors gain access to Alphabet, Apple, Microsoft, and Tesla, as well as a range of healthcare giants and digital juggernauts whose products or services play a vital role in everyday life.

Product Objective

The Global X US 100 ETF (ASX: N100) seeks to provide investment results that correspond generally to the price and yield, before fees and expenses, of the Global X US 100 Index.

Trading Details

Ticker N100
Bloomberg Code N100 AU Equity
ISIN AU0000290397
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Management (AUS) Limited
Custodian The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Registrar Computershare Investor Services Pty Limited
Trustee Global X Management (AUS) Limited

Benchmark Information

Benchmark Global X US 100 Index
Provider Mirae Asset Global Index Private Limited
Ticker GXUS100N

Distributions As of 31 Oct 2023

12-Month Yield 0.74%
12-Month Franking Level 0.00%
Distribution Frequency Semi-Annually

Performance Table As of 5 Dec 2023

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 4.33% 4.34% -0.01% 0.01%
3 Months -0.28% -0.26% -0.02% 0.02%
1 Year -- -- -- --
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception 4.01% 4.02% -0.01% 0.03%

Top Holdings As of 6 Dec 2023

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
12.07 MICROSOFT CORP 2588173 372.52 2,433 1,381,091
10.95 APPLE INC 2046251 193.42 4,252 1,253,214
6.61 AMAZON.COM INC 2000019 146.88 3,377 755,830
5.01 NVIDIA CORP 2379504 465.66 808 573,338
3.39 ALPHABET INC-A BYVY8G0 130.99 1,943 387,830
3.36 ALPHABET INC-C BYY88Y7 132.39 1,905 384,309
3.30 TESLA INC B616C79 238.72 1,039 377,951
3.09 META PLATFORMS-A B7TL820 318.29 728 353,090
2.82 BROADCOM INC BDZ78H9 913.12 232 322,810
2.05 ADOBE INC 2008154 602.22 256 234,923
2.01 COSTCO WHOLESALE 2701271 605.35 249 229,687
1.73 PEPSICO INC 2681511 167.94 774 198,073
1.50 NETFLIX INC 2857817 455.15 247 171,310
1.46 CISCO SYSTEMS 2198163 47.93 2,291 167,326
1.43 ADV MICRO DEVICE 2007849 118.38 907 163,612
1.36 T-MOBILE US INC B94Q9V0 154.00 664 155,819
1.31 INTEL CORP 2463247 41.92 2,354 150,369
1.28 COMCAST CORP-A 2044545 41.61 2,318 146,974
1.20 INTUIT INC 2459020 571.78 158 137,663
1.09 QUALCOMM INC 2714923 130.75 627 124,922
1.09 AMGEN INC 2023607 270.87 301 124,239
1.07 TEXAS INSTRUMENT 2885409 157.25 510 122,206
0.98 HONEYWELL INTL 2020459 196.95 373 111,943
0.91 APPLIED MATERIAL 2046552 146.15 470 104,671
0.84 BOOKING HOLDINGS BDRXDB4 3,148.01 20 95,939
0.82 STARBUCKS CORP 2842255 95.54 644 93,757
0.81 INTUITIVE SURGIC 2871301 309.52 197 92,915
0.74 GILEAD SCIENCES 2369174 79.02 701 84,408
0.72 MONDELEZ INTER-A B8CKK03 70.68 765 82,393
0.72 AUTOMATIC DATA 2065308 231.56 232 81,862
0.70 LAM RESEARCH 2502247 697.14 75 79,673
0.68 VERTEX PHARM 2931034 354.15 145 78,250
0.68 ANALOG DEVICES 2032067 180.63 281 77,344
0.67 PALO ALTO NETWOR B87ZMX0 292.78 173 77,182
0.66 REGENERON PHARM 2730190 820.90 60 75,054
0.65 PDD HOLDINGS INC BYVW0F7 143.46 340 74,326
0.61 SYNOPSYS INC 2867719 535.71 86 70,204
0.60 MICRON TECH 2588184 73.69 616 69,170
0.59 MERCADOLIBRE INC B23X1H3 1,584.60 28 67,610
0.55 KLA CORP 2480138 537.23 77 63,035
0.53 CADENCE DESIGN 2302232 262.18 153 61,125
0.50 CSX CORP 2160753 33.29 1,128 57,221
0.48 PAYPAL HOLDINGS BYW36M8 57.92 620 54,721
0.45 MARRIOTT INTL-A 2210614 202.71 168 51,894
0.45 ASML HOLDING-NY B908F01 694.53 49 51,858
0.44 O'REILLY AUTOMOT B65LWX6 977.97 34 50,668
0.43 MONSTER BEVERAGE BZ07BW4 54.26 589 48,700
0.42 AIRBNB INC-A BMGYYH4 133.71 237 48,288
0.42 CINTAS CORP 2197137 551.08 57 47,865
0.41 LULULEMON ATH B23FN39 456.93 68 47,347
0.41 WORKDAY INC-A B8K6ZD1 267.76 116 47,330
0.41 CHARTER COMMUN-A BZ6VT82 364.40 84 46,643
0.40 CROWDSTRIKE HO-A BJJP138 238.97 127 46,246
0.40 NXP SEMICONDUCTO B505PN7 205.83 145 45,479
0.37 PACCAR INC 2665861 93.87 294 42,054
0.35 AUTODESK INC 2065159 220.45 120 40,311
0.35 COPART INC 2208073 48.79 536 39,850
0.34 MICROCHIP TECH 2592174 83.55 306 38,958
0.34 DEXCOM B0796X4 117.20 217 38,754
0.34 ROSS STORES INC 2746711 132.24 191 38,488
0.33 KEURIG DR PEPPER BD3W133 32.03 785 38,314
0.33 PAYCHEX INC 2674458 123.04 203 38,060
0.33 KRAFT HEINZ CO/T BYRY499 35.84 690 37,683
0.33 MARVELL TECHNOLO BNKJSM5 50.70 485 37,470
0.32 IDEXX LABS 2459202 518.95 47 37,167
0.32 OLD DOMINION FRT 2656423 394.79 61 36,697
0.31 FORTINET INC B5B2106 52.52 442 35,373
0.31 AMERICAN ELECTRI 2026242 79.31 290 35,047
0.30 SEAGEN INC BLPK4D2 215.83 106 34,862
0.29 ASTRAZENECA-ADR 2989044 64.01 338 32,968
0.29 EXELON CORP 2670519 38.50 559 32,795
0.29 CONSTELLATION EN BMH4FS1 118.31 181 32,631
0.28 ELECTRONIC ARTS 2310194 137.42 153 32,038
0.27 COGNIZANT TECH-A 2257019 70.13 284 30,350
0.26 DATADOG INC-A BKT9Y49 118.07 168 30,226
0.26 VERISK ANALYTI B4P9W92 238.60 82 29,814
0.26 FASTENAL CO 2332262 60.75 321 29,715
0.26 COSTAR GROUP INC 2262864 84.15 229 29,364
0.25 XCEL ENERGY INC 2614807 61.03 310 28,829
0.25 BAKER HUGHES CO BDHLTQ5 32.80 567 28,339
0.25 BIOGEN INC 2455965 229.57 81 28,336
0.23 ON SEMICONDUCTOR 2583576 72.28 243 26,764
0.23 GE HEALTHCARE TE BL6JPG8 67.93 256 26,499
0.23 TRADE DESK INC-A BD8FDD1 68.33 251 26,135
0.22 MODERNA INC BGSXTS3 78.28 214 25,527
0.22 ZSCALER INC BZ00V34 198.91 82 24,854
0.22 ATLASSIAN CORP-A BQ1PC76 190.70 85 24,700
0.21 DOLLAR TREE INC 2272476 127.76 124 24,141
0.21 GLOBALFOUNDRIES BMW7F63 51.62 304 23,912
0.20 WARNER BROS DISC BM8JYX3 10.87 1,370 22,692
0.18 ANSYS INC 2045623 279.27 49 20,852
0.17 VERISIGN INC 2142922 217.18 58 19,195
0.17 EBAY INC 2293819 41.48 300 18,962
0.13 WALGREENS BOOTS BTN1Y44 20.51 485 15,158
0.13 ILLUMINA INC 2613990 111.76 89 15,157
0.13 ZOOM VIDEO COM-A BGSP7M9 68.72 143 14,974
0.13 SIRIUS XM HOLDIN BGLDK10 4.51 2,161 14,851
0.12 RIVIAN AUTOMOT-A BL98841 17.41 527 13,981
0.11 ENPHASE ENERGY B65SQW4 110.00 76 12,739
0.09 JD.COM INC-ADR BMM27D9 26.12 248 9,871
Holdings are subject to change.

Sector Breakdown As of 6 Dec 2023

Sector Weight (%)
Technology Services 34.9
Electronic Technology 28.1
Retail Trade 11.5
Health Technology 6.2
Consumer Services 5.0
Consumer Non-Durables 3.5
Consumer Durables 3.4
Producer Manufacturing 2.4
Communications 1.4
Utilities 1.1
Commercial Services 0.8
Other/Cash 1.7

Research

Three US Innovation Giants in Three Separate Industries

Read More

Beating Home Bias with US-Listed Companies

Read More

Introducing N100: The Top US 100 Innovators

Read More

Documents

FAQs

  • What is the Global X US 100 Index?

    The Global X US 100 ETF (ASX: N100), tracks the performance of 100 of the largest non-financial companies listed in the US. This index focuses on technology and innovation-driven companies, making it a valuable benchmark for investors seeking exposure to high-growth sectors. The Global X US 100 ETF encompasses a diverse range of companies spanning technology, consumer goods, healthcare, and more, reflecting the dynamic nature of today's economy.

  • What is the management fee for Global X US 100 ETF (N100)?

    The Global X US 100 ETF (ASX: N100) is Australia’s lowest-cost ETF of its kind, with an annual management fee of 0.24% p.a.

  • How to use the Global X US 100 ETF (N100) in your portfolio?

    Incorporating the Global X US 100 ETF (ASX: N100) into your investment portfolio can enhance diversification and exposure to innovative industries. To utilise the ETF effectively, consider it as a growth-oriented component within your broader investment strategy. Including the Global X US 100 ETF can balance out a portfolio that is otherwise focused on traditional sectors, providing a gateway to the rapidly evolving landscape of tech-driven advancements. However, remember that, like any investment, the Global X US 100 ETF carries risks, so it's essential to assess your risk tolerance and align this index with your overall financial goals and investment horizon.

  • How do I buy the Global X US 100 ETF (N100)?

    The Global X US 100 ETF (ASX: N100) is accessible on all major trading platforms, such as CommSec, CMC Markets, Stake, St George, and nabtrade, making it easy to invest according to your preference. Additionally, you can acquire the ETF through experienced brokers and trusted financial advisors, who can offer guidance tailored to your investment goals and strategies.

  • N100 vs FANG?

    The Global X US 100 ETF (ASX: N100) is seen as a core building block within a portfolio. The Global X FANG+ ETF (ASX: FANG) can complement this building block by further tilting a portfolio towards the mega cap stocks of the US market.

    The Global X US 100 ETF (ASX: N100) is considered a more diversified investment given it holds a portfolio of 100 US-listed companies (excluding financials & REIT), whereas the Global X FANG+ ETF (ASX: FANG) is a highly concentrated and equally weighted portfolio of 10 US-listed mega cap stocks.

Investments may go up or down in value and you may lose some or all of the amount invested. Past performance is not necessarily a guide to future performance. Any advice provided by Global X Management (AUS) Limited (“Global X”) is general advice and does not take into account your personal objectives, financial situation or needs. You should consult an independent investment adviser prior to making an investment in order to determine its suitability to your circumstances. This material may contain links to third party websites. Global X does not control and is not responsible for the information contained within third party websites. None of these links imply Global X’s support, endorsement or recommendation of any other company, product or service.

Global X Management (AUS) Limited ACN 150 433 828 AFSL No 466778

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