ARGT


MSCI Argentina ETF

Reasons to Consider ARGT

Efficient Access

Efficient access to a broad basket of Argentine securities.

Targeted Exposure

The Fund targets exposure to a single country.

Key Information As of 10/27/21

Inception Date 03/02/11
Total Expense Ratio 0.60%
Net Assets $35.49 million
NAV $33.64
Fact Sheet

ETF Summary

The Global X MSCI Argentina ETF (ARGT) invests in among the largest and most liquid securities with exposure to Argentina.

ETF Objective

The Global X MSCI Argentina ETF (ARGT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Argentina 25/50 Index.

Trading Details As of 10/27/21

Ticker ARGT
Bloomberg Index Ticker M1AAR5R
CUSIP 37950E259
ISIN US37950E2596
Primary Exchange NYSE Arca
Shares Outstanding 1,054,975
Number of Holdings 25
30-Day Median Bid-Ask Spread 0.33%

Distributions As of 10/27/21

30-Day SEC Yield 1.80%
Distribution Frequency Semi-Annually

ETF Prices As of 10/27/21

NAV $33.64 Daily Change -$0.85 -2.48%
Market Price $33.50 Daily Change -$0.82 -2.39%

Performance History

As of recent month & quarter-end (09/30/21)
As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
1 Year 43.80% 44.02% 44.52%
3 Years 8.92% 8.79% 9.42%
5 Years 7.81% 7.70% 7.72%
10 Years 6.27% 6.36% 6.89%
Since Inception 1.97% 1.95% 2.55%
1 Year 43.80% 44.02% 44.52%
3 Years 8.92% 8.79% 9.42%
5 Years 7.81% 7.70% 7.72%
10 Years 6.27% 6.36% 6.89%
Since Inception 1.97% 1.95% 2.55%
Year-to-Date 9.67% 9.86% 10.06%
1 Month -8.77% -9.13% -8.71%
3 Months 7.33% 7.62% 7.46%
Since Inception 22.87% 22.70% 30.57%
Year-to-Date 9.67% 9.86% 10.06%
1 Month -8.77% -9.13% -8.71%
3 Months 7.33% 7.62% 7.46%
Since Inception 22.87% 22.70% 30.57%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 10/27/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
19.87 GLOB GLOBANT SA BP40HF4 308.99 22,823 7,052,078.77
18.95 MELI MERCADOLIBRE INC B23X1H3 1,500.00 4,484 6,726,000.00
5.75 GGAL GRUPO GALICI-ADR 2613570 11.01 185,297 2,040,119.97
4.80 SSRM CN SSR MINING INC BF7MPL9 16.59 102,789 1,704,821.61
4.59 YRI CN YAMANA GOLD INC 2219279 4.33 375,423 1,627,380.53
4.36 AGRO ADECOAGRO SA B65BNQ6 9.11 169,784 1,546,732.24
4.24 YPF YPF S.A.-SPONSORED ADR 2985945 4.49 334,737 1,502,969.13
3.73 PAM PAMPA ENERGIA SA-SPON ADR B41HK52 19.09 69,373 1,324,330.57
3.65 CENCOSUD CI CENCOSUD SA B00R3L2 1.48 875,490 1,293,966.62
3.60 CCU CI CIA CERVECERIAS UNIDAS SA 2196189 8.26 154,631 1,276,928.03
3.59 BMA BANCO MACRO SA-ADR B0Y62M9 16.70 76,181 1,272,222.70
3.55 ANDINAB CI Embotelladora Andina SA 2311454 2.10 600,850 1,259,214.72
2.95 ARCO ARCOS DORADOS-A B529PQ0 4.77 219,656 1,047,759.12
2.81 DESP DESPEGAR.COM CORP BDFS4G3 11.20 88,899 995,668.80
2.19 TEO TELECOM ARGE-ADR 2878829 5.20 149,550 777,660.00
1.93 LOMA LOMA NEGRA C-ADR BYP6YP3 6.77 101,355 686,173.35
1.92 TGS TRANSPORT GA-ADR 2902944 5.71 119,150 680,346.50
1.81 CEPU CENTRAL PUERTO-A BDVP1Y5 3.84 167,275 642,336.00
1.37 BBAR BBVA ARGENTINA SA-ADR BKT4TC7 4.04 120,615 487,284.60
0.93 CRESY CRESUD S.A.-SPONS ADR 2226893 5.52 59,757 329,858.64
0.87 CAAP CORP AMERICA AIRPORTS SA BD45SN0 5.71 54,016 308,431.36
0.73 EDN EMP DISTRIB-ADR B1W9D79 7.37 35,279 260,006.23
0.70 SUPV GRUPO SV-SP ADR BYZJRN1 2.33 106,161 247,355.13
0.54 IRS IRSA -SP ADR 2473020 4.95 38,701 191,569.95
0.36 IRCP IRSA PROPIEDADES BVGDLV7 2.85 44,939 128,076.15
0.23 CASH 1.00 80,923 80,848.10
Holdings are subject to change.

Sector Breakdown As of 09/30/21

Sector Weight (%)
Communication Services 23.4
Information Technology 18.2
Consumer Staples 11.9
Consumer Discretionary 11.0
Financials 11.0
Materials 10.5
Energy 6.1
Utilities 5.6
Real Estate 1.7
Industrials 0.9

Source: AltaVista Research, LLC

ETF Characteristics As of 10/27/21

Return on Equity 7.40%
Weighted Avg. Market Cap 21,261 M
2020 2021
Price-to-earnings 86.29 19.00
Price-to-book value 1.44 1.38

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/27/21

Versus Beta
S&P 500 1.42
MSCI EAFE 1.54
MSCI Emg. Mkts 1.35
Standard Deviation 39.70%

Source: AltaVista Research, LLC

ETF Research

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Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country may be subject to higher volatility. ARGT is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.</strong

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.