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 8 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 8 Dec 2023

NAV/Unit (A$) 10.49740000
Currency (NAV) AUD
Shares Outstanding 1,100,000
AUM (A$) 11,547,130.40

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 8 Dec 2023

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 2.30% 2.31% -0.01% 0.01%
3 Months 2.41% 2.44% -0.03% 0.02%
1 Year -- -- -- --
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception 4.97% 4.99% -0.01% 0.03%

Top Holdings As of 11 Dec 2023

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
11.97 MICROSOFT CORP 2588173 374.23 2,433 1,382,375
10.94 APPLE INC 2046251 195.71 4,252 1,263,431
6.55 AMAZON.COM INC 2000019 147.42 3,377 755,845
5.05 NVIDIA CORP 2379504 475.06 808 582,781
3.45 ALPHABET INC-A BYVY8G0 134.99 1,943 398,217
3.42 ALPHABET INC-C BYY88Y7 136.64 1,905 395,201
3.33 TESLA INC B616C79 243.84 1,039 384,650
3.19 META PLATFORMS-A B7TL820 332.75 728 367,786
2.88 BROADCOM INC BDZ78H9 944.30 232 332,616
2.05 ADOBE INC 2008154 610.01 256 237,095
2.00 COSTCO WHOLESALE 2701271 610.78 249 230,903
1.69 PEPSICO INC 2681511 165.68 774 194,696
1.54 ADV MICRO DEVICE 2007849 128.92 907 177,530
1.47 NETFLIX INC 2857817 453.76 247 170,164
1.46 CISCO SYSTEMS 2198163 48.38 2,291 168,281
1.37 T-MOBILE US INC B94Q9V0 156.40 664 157,670
1.32 INTEL CORP 2463247 42.70 2,354 152,609
1.28 COMCAST CORP-A 2044545 42.10 2,318 148,163
1.19 INTUIT INC 2459020 573.90 158 137,670
1.10 QUALCOMM INC 2714923 132.97 627 126,580
1.07 AMGEN INC 2023607 269.12 301 122,987
1.05 TEXAS INSTRUMENT 2885409 157.03 510 121,590
0.95 HONEYWELL INTL 2020459 194.61 373 110,210
0.91 APPLIED MATERIAL 2046552 147.72 470 105,410
0.86 BOOKING HOLDINGS BDRXDB4 3,275.00 20 99,446
0.82 STARBUCKS CORP 2842255 96.61 644 94,461
0.80 INTUITIVE SURGIC 2871301 310.42 197 92,846
0.73 GILEAD SCIENCES 2369174 79.02 701 84,101
0.72 MONDELEZ INTER-A B8CKK03 71.09 765 82,569
0.70 AUTOMATIC DATA 2065308 229.27 232 80,757
0.69 LAM RESEARCH 2502247 703.17 75 80,069
0.68 ANALOG DEVICES 2032067 184.88 281 78,875
0.68 PALO ALTO NETWOR B87ZMX0 298.42 173 78,383
0.67 VERTEX PHARM 2931034 350.15 145 77,085
0.66 REGENERON PHARM 2730190 840.14 60 76,533
0.62 PDD HOLDINGS INC BYVW0F7 138.96 340 71,732
0.61 MICRON TECH 2588184 74.96 616 70,106
0.61 SYNOPSYS INC 2867719 535.93 86 69,976
0.58 MERCADOLIBRE INC B23X1H3 1,577.98 28 67,082
0.54 KLA CORP 2480138 534.43 77 62,478
0.52 CADENCE DESIGN 2302232 259.93 153 60,380
0.49 CSX CORP 2160753 32.96 1,128 56,447
0.48 PAYPAL HOLDINGS BYW36M8 58.94 620 55,481
0.46 MARRIOTT INTL-A 2210614 209.40 168 53,411
0.45 ASML HOLDING-NY B908F01 696.43 49 51,811
0.44 AIRBNB INC-A BMGYYH4 140.68 237 50,620
0.44 LULULEMON ATH B23FN39 489.64 68 50,551
0.42 O'REILLY AUTOMOT B65LWX6 945.88 34 48,827
0.42 MONSTER BEVERAGE BZ07BW4 53.92 589 48,218
0.42 WORKDAY INC-A B8K6ZD1 273.41 116 48,152
0.41 CINTAS CORP 2197137 553.33 57 47,886
0.41 NXP SEMICONDUCTO B505PN7 215.55 145 47,453
0.41 CHARTER COMMUN-A BZ6VT82 367.55 84 46,875
0.41 CROWDSTRIKE HO-A BJJP138 242.55 127 46,768
0.37 PACCAR INC 2665861 95.38 294 42,575
0.35 AUTODESK INC 2065159 224.01 120 40,813
0.35 MICROCHIP TECH 2592174 86.08 306 39,992
0.34 MARVELL TECHNOLO BNKJSM5 52.88 485 38,938
0.33 COPART INC 2208073 47.39 536 38,565
0.33 DEXCOM B0796X4 116.97 217 38,537
0.33 ROSS STORES INC 2746711 132.08 191 38,302
0.33 KEURIG DR PEPPER BD3W133 32.11 785 38,270
0.33 PAYCHEX INC 2674458 124.02 203 38,224
0.33 KRAFT HEINZ CO/T BYRY499 36.23 690 37,954
0.33 IDEXX LABS 2459202 531.35 47 37,916
0.31 SEAGEN INC BLPK4D2 218.98 106 35,242
0.30 AMERICAN ELECTRI 2026242 79.64 290 35,065
0.30 FORTINET INC B5B2106 52.16 442 35,003
0.30 OLD DOMINION FRT 2656423 369.45 61 34,216
0.29 EXELON CORP 2670519 39.21 559 33,278
0.28 ASTRAZENECA-ADR 2989044 63.25 338 32,458
0.28 ELECTRONIC ARTS 2310194 137.14 153 31,857
0.26 CONSTELLATION EN BMH4FS1 111.21 181 30,561
0.26 FASTENAL CO 2332262 62.29 321 30,358
0.26 COGNIZANT TECH-A 2257019 70.33 284 30,325
0.25 BIOGEN INC 2455965 239.29 81 29,428
0.25 DATADOG INC-A BKT9Y49 113.83 168 29,034
0.25 VERISK ANALYTI B4P9W92 232.92 82 28,998
0.25 XCEL ENERGY INC 2614807 60.91 310 28,668
0.25 COSTAR GROUP INC 2262864 82.39 229 28,645
0.24 ON SEMICONDUCTOR 2583576 76.14 243 28,091
0.24 BAKER HUGHES CO BDHLTQ5 32.24 567 27,754
0.23 TRADE DESK INC-A BD8FDD1 70.63 251 26,916
0.23 GE HEALTHCARE TE BL6JPG8 68.52 256 26,632
0.23 MODERNA INC BGSXTS3 80.32 214 26,097
0.21 ATLASSIAN CORP-A BQ1PC76 192.36 85 24,824
0.21 ZSCALER INC BZ00V34 198.80 82 24,750
0.21 GLOBALFOUNDRIES BMW7F63 52.50 304 24,231
0.21 WARNER BROS DISC BM8JYX3 11.47 1,370 23,858
0.20 DOLLAR TREE INC 2272476 124.41 124 23,422
0.19 ANSYS INC 2045623 287.20 49 21,366
0.16 EBAY INC 2293819 41.29 300 18,807
0.16 VERISIGN INC 2142922 212.97 58 18,754
0.15 WALGREENS BOOTS BTN1Y44 23.16 485 17,054
0.14 ZOOM VIDEO COM-A BGSP7M9 73.06 143 15,862
0.13 ILLUMINA INC 2613990 112.94 89 15,261
0.13 RIVIAN AUTOMOT-A BL98841 19.04 527 15,234
0.13 SIRIUS XM HOLDIN BGLDK10 4.64 2,161 15,224
0.10 ENPHASE ENERGY B65SQW4 103.01 76 11,886
0.09 JD.COM INC-ADR BMM27D9 26.45 248 9,959
Holdings are subject to change.

Sector Breakdown As of 11 Dec 2023

Sector Weight (%)
Technology Services 35.0
Electronic Technology 28.3
Retail Trade 11.4
Health Technology 6.2
Consumer Services 5.0
Consumer Non-Durables 3.5
Consumer Durables 3.5
Producer Manufacturing 2.4
Communications 1.4
Utilities 1.1
Commercial Services 0.8
Other/Cash 1.4

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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