US 100 ETF - Global X ETFs - Australia
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N100

US 100 ETF

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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 16 May 2024

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 16 May 2024

NAV/Unit (A$) 12.16560000
Currency (NAV) AUD
Shares Outstanding 2,200,009
AUM (A$) 26,764,399.14
NAV History File View

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 30 Apr 2024

12-Month Yield 0.03%
12-Month Franking Level 0.00%
Distribution Frequency Semi-Annually
Distribution History View

Performance Table As of 16 May 2024

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 0.66% 0.67% -0.01% 0.01%
3 Months 3.90% 3.93% -0.03% 0.01%
1 Year -- -- -- --
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception 21.69% 21.79% -0.10% 0.04%

Top Holdings As of 17 May 2024

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
10.46 MICROSOFT CORP 2588173 420.99 4,441 2,800,294
9.41 APPLE INC 2046251 189.84 8,859 2,518,973
8.69 NVIDIA CORP 2379504 943.59 1,646 2,326,292
7.09 AMAZON.COM INC 2000019 183.63 6,895 1,896,396
3.92 META PLATFORMS-A B7TL820 473.23 1,482 1,050,441
3.85 ALPHABET INC-A BYVY8G0 174.18 3,953 1,031,279
3.76 ALPHABET INC-C BYY88Y7 175.43 3,835 1,007,675
3.56 BROADCOM INC BDZ78H9 1,412.13 451 953,899
2.15 COSTCO WHOLESALE 2701271 793.07 484 574,921
2.08 TESLA INC B616C79 174.84 2,122 555,696
1.61 ADV MICRO DEVICE 2007849 162.62 1,764 429,659
1.59 NETFLIX INC 2857817 610.52 466 426,125
1.54 PEPSICO INC 2681511 183.11 1,502 411,939
1.35 ADOBE INC 2008154 482.88 498 360,180
1.32 QUALCOMM INC 2714923 193.27 1,217 352,295
1.27 LINDE PLC BNZHB81 429.69 530 341,100
1.20 CISCO SYSTEMS 2198163 48.34 4,423 320,239
1.16 T-MOBILE US INC B94Q9V0 163.58 1,269 310,916
1.12 INTUIT INC 2459020 653.37 306 299,455
1.09 APPLIED MATERIAL 2046552 214.03 914 293,003
1.08 TEXAS INSTRUMENT 2885409 194.97 992 289,688
1.03 AMGEN INC 2023607 314.72 584 275,289
0.97 COMCAST CORP-A 2044545 39.37 4,423 260,816
0.86 MICRON TECH 2588184 127.89 1,199 229,671
0.85 INTUITIVE SURGIC 2871301 396.43 384 228,007
0.83 HONEYWELL INTL 2020459 206.62 720 222,821
0.83 INTEL CORP 2463247 32.03 4,605 220,921
0.79 BOOKING HOLDINGS BDRXDB4 3,735.01 38 212,582
0.76 LAM RESEARCH 2502247 942.90 144 203,366
0.72 ARM HOLDINGS PLC BNSP5P7 114.27 1,120 191,691
0.70 VERTEX PHARM 2931034 440.64 282 186,116
0.65 ANALOG DEVICES 2032067 214.12 544 174,465
0.63 REGENERON PHARM 2730190 967.98 117 169,630
0.63 AUTOMATIC DATA 2065308 250.06 450 168,542
0.62 KLA CORP 2480138 749.48 149 167,262
0.61 PALO ALTO NETWOR B87ZMX0 316.78 343 162,743
0.60 MONDELEZ INTER-A B8CKK03 71.92 1,486 160,074
0.54 MERCADOLIBRE INC B23X1H3 1,739.15 55 143,269
0.53 PDD HOLDINGS INC BYVW0F7 143.38 660 141,737
0.53 SYNOPSYS INC 2867719 569.27 166 141,539
0.53 STARBUCKS CORP 2842255 75.28 1,248 140,717
0.52 GILEAD SCIENCES 2369174 67.86 1,362 138,434
0.49 ASML HOLDING-NY B908F01 919.54 96 132,219
0.48 CADENCE DESIGN 2302232 288.93 297 128,529
0.47 CROWDSTRIKE HO-A BJJP138 339.06 249 126,452
0.43 MARRIOTT INTL-A 2210614 238.96 322 115,248
0.43 CINTAS CORP 2197137 691.38 111 114,945
0.42 NXP SEMICONDUCTO B505PN7 269.61 281 113,473
0.42 PAYPAL HOLDINGS BYW36M8 64.10 1,180 113,290
0.42 CONSTELLATION EN BMH4FS1 216.34 348 112,763
0.41 CSX CORP 2160753 33.93 2,158 109,670
0.39 AIRBNB INC-A BMGYYH4 147.19 475 104,718
0.39 MARVELL TECHNOLO BNKJSM5 73.08 944 103,329
0.37 O'REILLY AUTOMOT B65LWX6 1,005.98 65 97,939
0.35 ROPER TECHNOLOGI 2749602 538.80 117 94,420
0.34 MONSTER BEVERAGE BZ07BW4 54.09 1,136 92,034
0.34 PACCAR INC 2665861 105.93 571 90,595
0.33 WORKDAY INC-A B8K6ZD1 256.57 228 87,618
0.32 COPART INC 2208073 54.58 1,049 85,755
0.31 MICROCHIP TECH 2592174 94.24 591 83,421
0.31 DEXCOM B0796X4 131.91 422 83,376
0.31 MODERNA INC BGSXTS3 132.68 416 82,670
0.30 AMERICAN ELECTRI 2026242 92.54 574 79,560
0.29 KEURIG DR PEPPER BD3W133 34.14 1,527 78,083
0.29 FORTINET INC B5B2106 61.24 848 77,783
0.29 AUTODESK INC 2065159 220.43 234 77,257
0.28 ASTRAZENECA-ADR 2989044 77.04 657 75,811
0.28 ROSS STORES INC 2746711 134.34 370 74,449
0.28 PAYCHEX INC 2674458 125.19 395 74,066
0.28 IDEXX LABS 2459202 540.94 91 73,730
0.27 KRAFT HEINZ CO/T BYRY499 36.07 1,340 72,394
0.26 DOORDASH INC-A BN13P03 116.16 405 70,463
0.25 TRADE DESK INC-A BD8FDD1 93.19 487 67,975
0.25 LULULEMON ATH B23FN39 338.28 133 67,387
0.25 CHARTER COMMUN-A BZ6VT82 277.54 162 67,343
0.24 OLD DOMINION FRT 2656423 182.17 239 65,212
0.24 EXELON CORP 2670519 38.62 1,095 63,340
0.23 FASTENAL CO 2332262 66.81 624 62,442
0.23 GE HEALTHCARE TE BL6JPG8 81.31 497 60,527
0.22 DATADOG INC-A BKT9Y49 120.61 330 59,614
0.22 VERISK ANALYTI B4P9W92 251.48 158 59,513
0.22 COSTAR GROUP INC 2262864 88.13 446 58,872
0.21 COGNIZANT TECH-A 2257019 70.03 547 57,375
0.21 ELECTRONIC ARTS 2310194 129.16 295 57,069
0.20 BIOGEN INC 2455965 230.04 158 54,439
0.20 BAKER HUGHES CO BDHLTQ5 33.02 1,099 54,353
0.19 ON SEMICONDUCTOR 2583576 73.00 470 51,389
0.19 XCEL ENERGY INC 2614807 55.85 603 50,442
0.18 GLOBALFOUNDRIES BMW7F63 54.18 604 49,015
0.17 ANSYS INC 2045623 327.53 95 46,604
0.17 ATLASSIAN CORP-A BQ1PC76 182.21 168 45,849
0.17 MOBILEYE GLOBA-A BLFH8G4 28.50 1,070 45,675
0.17 EBAY INC 2293819 52.70 568 44,834
0.16 DOLLAR TREE INC 2272476 121.30 238 43,240
0.16 ZSCALER INC BZ00V34 179.31 161 43,240
0.12 WARNER BROS DISC BM8JYX3 8.23 2,663 32,826
0.11 VERISIGN INC 2142922 170.96 112 28,679
0.10 ZOOM VIDEO COM-A BGSP7M9 63.96 281 26,919
0.09 JD.COM INC-ADR BMM27D9 34.27 482 24,741
0.07 SIRIUS XM HOLDIN BGLDK10 3.05 4,194 19,159
Holdings are subject to change.

Sector Breakdown As of 17 May 2024

Sector Weight (%)
Technology Services 33.8
Electronic Technology 31.7
Retail Trade 11.6
Health Technology 5.3
Consumer Services 4.0
Consumer Non-Durables 3.0
Producer Manufacturing 2.7
Consumer Durables 2.1
Process Industries 1.3
Communications 1.2
Utilities 1.2
Other/Cash 2.1

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.

Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

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