US 100 ETF - Global X ETFs - Australia
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N100

US 100 ETF

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Reasons to Consider N100

Target US Growth

Gain exposure to 100 of the largest enterprises 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

A low cost annual management fee of 0.24% p.a.

Product Information As of 1 Jul 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 1 Jul 2024

NAV/Unit (A$) 13.16040000
Currency (NAV) AUD
Shares Outstanding 2,650,009
AUM (A$) 34,875,295.68
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 pioneering US 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 May 2024

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

Performance Table As of 1 Jul 2024

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 7.66% 7.68% -0.02% 0.67%
3 Months 8.36% 8.41% -0.05% 0.67%
1 Year -- -- -- --
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception 32.01% 32.16% -0.14% 0.67%

Top Holdings As of 2 Jul 2024

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
10.61 NVIDIA CORP 2379504 124.30 19,794 3,699,563
10.52 MICROSOFT CORP 2588173 456.73 5,341 3,667,987
9.96 APPLE INC 2046251 216.75 10,654 3,472,302
7.05 AMAZON.COM INC 2000019 197.20 8,292 2,458,736
3.88 META PLATFORMS-A B7TL820 504.68 1,783 1,353,048
3.83 BROADCOM INC BDZ78H9 1,640.80 542 1,337,213
3.75 ALPHABET INC-A BYVY8G0 182.99 4,754 1,308,074
3.67 ALPHABET INC-C BYY88Y7 184.49 4,611 1,279,127
2.31 TESLA INC B616C79 209.86 2,555 806,244
2.12 COSTCO WHOLESALE 2701271 845.67 582 740,065
1.63 NETFLIX INC 2857817 673.61 561 568,221
1.45 ADOBE INC 2008154 560.01 600 505,234
1.44 ADV MICRO DEVICE 2007849 157.69 2,124 503,622
1.27 PEPSICO INC 2681511 162.89 1,808 442,832
1.26 QUALCOMM INC 2714923 200.03 1,466 440,935
1.18 T-MOBILE US INC B94Q9V0 179.08 1,529 411,718
1.18 LINDE PLC BNZHB81 428.94 638 411,493
1.12 APPLIED MATERIAL 2046552 237.41 1,099 392,322
1.09 CISCO SYSTEMS 2198163 47.52 5,328 380,703
1.04 INTUIT INC 2459020 650.77 369 361,077
1.00 TEXAS INSTRUMENT 2885409 194.60 1,196 349,961
0.94 AMGEN INC 2023607 311.01 704 329,225
0.92 ARM HOLDINGS PLC BNSP5P7 158.83 1,348 321,935
0.88 COMCAST CORP-A 2044545 38.17 5,328 305,796
0.87 INTUITIVE SURGIC 2871301 436.24 462 303,049
0.82 MICRON TECH 2588184 131.52 1,445 285,763
0.79 LAM RESEARCH 2502247 1,060.63 173 275,903
0.79 HONEYWELL INTL 2020459 210.95 867 275,007
0.77 BOOKING HOLDINGS BDRXDB4 3,884.88 46 268,708
0.74 INTEL CORP 2463247 30.84 5,547 257,228
0.69 VERTEX PHARM 2931034 471.25 339 240,213
0.64 REGENERON PHARM 2730190 1,057.02 141 224,103
0.64 KLA CORP 2480138 827.79 179 222,802
0.64 ANALOG DEVICES 2032067 225.18 655 221,777
0.61 PALO ALTO NETWOR B87ZMX0 340.90 412 211,188
0.55 AUTOMATIC DATA 2065308 235.67 541 191,711
0.52 SYNOPSYS INC 2867719 601.75 201 181,869
0.51 ASML HOLDING-NY B908F01 1,033.49 114 177,156
0.51 CROWDSTRIKE HO-A BJJP138 392.15 300 176,896
0.50 MONDELEZ INTER-A B8CKK03 65.24 1,791 175,693
0.50 STARBUCKS CORP 2842255 77.13 1,503 174,312
0.49 GILEAD SCIENCES 2369174 68.64 1,641 169,368
0.48 CADENCE DESIGN 2302232 310.92 357 166,902
0.46 PDD HOLDINGS INC BYVW0F7 132.98 795 158,964
0.45 MERCADOLIBRE INC B23X1H3 1,597.60 65 156,145
0.40 CINTAS CORP 2197137 694.10 134 139,853
0.40 MARRIOTT INTL-A 2210614 239.51 388 139,734
0.39 NXP SEMICONDUCTO B505PN7 265.67 338 135,022
0.38 CSX CORP 2160753 33.59 2,599 131,269
0.37 AIRBNB INC-A BMGYYH4 151.63 573 130,643
0.37 CONSTELLATION EN BMH4FS1 205.05 420 129,496
0.35 PAYPAL HOLDINGS BYW36M8 57.81 1,422 123,608
0.35 MARVELL TECHNOLO BNKJSM5 71.00 1,136 121,278
0.34 ROPER TECHNOLOGI 2749602 562.63 141 119,286
0.34 O'REILLY AUTOMOT B65LWX6 1,016.32 77 117,670
0.30 PACCAR INC 2665861 101.84 688 105,354
0.30 AUTODESK INC 2065159 245.83 282 104,239
0.29 MONSTER BEVERAGE BZ07BW4 49.90 1,369 102,719
0.29 COPART INC 2208073 53.35 1,264 101,397
0.28 MICROCHIP TECH 2592174 91.59 711 97,918
0.28 ROSS STORES INC 2746711 145.24 445 97,183
0.27 ASTRAZENECA-ADR 2989044 77.94 792 92,818
0.26 WORKDAY INC-A B8K6ZD1 224.72 273 92,247
0.26 FORTINET INC B5B2106 59.85 1,022 91,973
0.26 KEURIG DR PEPPER BD3W133 32.84 1,839 90,809
0.26 AMERICAN ELECTRI 2026242 87.28 691 90,686
0.25 MODERNA INC BGSXTS3 115.95 500 87,174
0.25 CHARTER COMMUN-A BZ6VT82 296.02 195 86,796
0.25 TRADE DESK INC-A BD8FDD1 97.97 586 86,325
0.25 DEXCOM B0796X4 112.17 509 85,850
0.24 PAYCHEX INC 2674458 117.00 476 83,741
0.23 DOORDASH INC-A BN13P03 108.51 487 79,459
0.22 IDEXX LABS 2459202 476.40 109 78,081
0.22 DATADOG INC-A BKT9Y49 130.50 396 77,705
0.22 KRAFT HEINZ CO/T BYRY499 31.86 1,613 77,273
0.22 OLD DOMINION FRT 2656423 178.70 287 77,117
0.22 VERISK ANALYTI B4P9W92 268.11 191 77,000
0.21 ELECTRONIC ARTS 2310194 137.32 355 73,301
0.21 LULULEMON ATH B23FN39 302.36 160 72,743
0.20 FASTENAL CO 2332262 62.09 750 70,021
0.20 BAKER HUGHES CO BDHLTQ5 34.94 1,324 69,560
0.20 GE HEALTHCARE TE BL6JPG8 76.26 599 68,686
0.20 EXELON CORP 2670519 34.55 1,320 68,575
0.19 COGNIZANT TECH-A 2257019 67.74 658 67,022
0.19 BIOGEN INC 2455965 231.77 191 66,564
0.17 COSTAR GROUP INC 2262864 73.88 536 59,544
0.17 ON SEMICONDUCTOR 2583576 69.18 566 58,877
0.17 ZSCALER INC BZ00V34 198.62 194 57,939
0.16 XCEL ENERGY INC 2614807 52.43 726 57,235
0.16 GLOBALFOUNDRIES BMW7F63 50.26 727 54,942
0.16 ANSYS INC 2045623 321.16 113 54,569
0.16 ATLASSIAN CORP-A BQ1PC76 178.25 203 54,409
0.16 EBAY INC 2293819 52.68 685 54,260
0.15 MOBILEYE GLOBA-A BLFH8G4 27.61 1,289 53,514
0.13 DOLLAR TREE INC 2272476 107.25 286 46,122
0.10 VERISIGN INC 2142922 175.71 136 35,932
0.10 WARNER BROS DISC BM8JYX3 7.10 3,208 34,248
0.09 ZOOM VIDEO COM-A BGSP7M9 59.21 338 30,092
0.06 JD.COM INC-ADR BMM27D9 25.79 581 22,531
0.06 SIRIUS XM HOLDIN BGLDK10 2.88 5,052 21,878
Holdings are subject to change.

Sector Breakdown As of 2 Jul 2024

Sector Weight (%)
Electronic Technology 34.0
Technology Services 33.3
Retail Trade 11.3
Health Technology 5.0
Consumer Services 3.7
Producer Manufacturing 2.7
Consumer Non-Durables 2.5
Consumer Durables 2.3
Communications 1.2
Process Industries 1.2
Utilities 1.0
Other/Cash 1.8

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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