The Global X Marijuana Life Sciences Index ETF (HMLSF), also known as HMMJ, aims to closely track the performance of the North American Marijuana Index. This index comprises a diversified selection of publicly traded North American companies significantly involved in the cannabis industry. Rather than investing in a single company, HMMJ provides broad exposure to this specialized market, thereby helping to mitigate the inherent risks associated with individual securities while still capturing the potential upside of the sector's growth. Given the dynamic nature of the marijuana industry, the fund undergoes quarterly rebalancing. This ensures its portfolio remains current, reflecting evolving market leadership and new growth opportunities. Ultimately, HMLSF strives to replicate the index's returns, factoring in its operational expenses.
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The Global X Marijuana Life Sciences Index ETF (HMLSF), also known as HMMJ, aims to closely track the performance of the North American Marijuana Index. This index comprises a diversified selection of publicly traded North American companies significantly involved in the cannabis industry. Rather than investing in a single company, HMMJ provides broad exposure to this specialized market, thereby helping to mitigate the inherent risks associated with individual securities while still capturing the potential upside of the sector's growth. Given the dynamic nature of the marijuana industry, the fund undergoes quarterly rebalancing. This ensures its portfolio remains current, reflecting evolving market leadership and new growth opportunities. Ultimately, HMLSF strives to replicate the index's returns, factoring in its operational expenses.
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Daily adjusted close
The Global X Marijuana Life Sciences Index ETF (HMLSF), also known as HMMJ, aims to closely track the performance of the North American Marijuana Index. This index comprises a diversified selection of publicly traded North American companies significantly involved in the cannabis industry. Rather than investing in a single company, HMMJ provides broad exposure to this specialized market, thereby helping to mitigate the inherent risks associated with individual securities while still capturing the potential upside of the sector's growth. Given the dynamic nature of the marijuana industry, the fund undergoes quarterly rebalancing. This ensures its portfolio remains current, reflecting evolving market leadership and new growth opportunities. Ultimately, HMLSF strives to replicate the index's returns, factoring in its operational expenses.