ARGT


MSCI Argentina ETF

Fund Summary

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

Fund 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.

Why ARGT?

Efficient Access

Efficient access to a broad basket of Argentine securities.

Targeted Exposure

The fund targets exposure to a single country.

Fund Details As of 09/15/21

Key Facts

Ticker ARGT
Inception Date 03/02/11
CUSIP 37950E259
ISIN US37950E2596
Bloomberg Index Ticker M1AAR5R
Primary Exchange NYSE Arca
Number of Holdings 25

Stats & Fees

Net Assets $40,371,031
Net Asset Value (NAV) $36.54
Shares Outstanding 1,104,975
Total Expense Ratio 0.60%

Distributions

30-Day SEC Yield 0.86%
Distribution Frequency Semi-Annually

Fund Prices As of 09/15/21

NAV $36.54 Daily Change $0.13 0.35%
Market Price $36.46 Daily Change $0.08 0.23%
30-Day Median Bid-Ask Spread 0.37%

Performance History

As of recent
(06/30/21)
As of recent
(06/30/21)
Fund NAV Market Price Index
1 Year 30.73% 30.62% 31.38%
3 Years 5.83% 5.72% 6.27%
5 Years 7.72% 7.60% 7.64%
10 Years 1.38% 1.33% 1.94%
Since Inception 1.32% 1.28% 1.90%
1 Year 43.07% 43.37% 43.78%
3 Years 12.79% 13.04% 13.29%
5 Years 11.09% 11.17% 11.02%
10 Years 4.74% 4.76% 5.33%
Since Inception 2.88% 2.90% 3.46%
Year-to-Date 2.18% 2.09% 2.42%
1 Month 1.38% 1.06% 1.14%
3 Months 7.73% 7.50% 7.89%
Since Inception 14.48% 14.02% 21.50%
Year-to-Date 20.21% 20.90% 20.56%
1 Month 16.44% 17.18% 16.51%
3 Months 19.27% 19.68% 19.06%
Since Inception 34.67% 35.03% 43.02%

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.

Fund Characteristics As of 09/15/21

Return on Equity 6.70%
Weighted Avg. Market Cap 27,591 M
2020 2021
Price-to-earnings 133.23 25.78
Price-to-book value 1.77 1.70

Source: AltaVista Research, LLC

Fund Risk Stats As of 09/15/21

Versus Beta
S&P 500 1.41
MSCI EAFE 1.52
MSCI Emg. Mkts 1.33
Standard Deviation 39.20%

Source: AltaVista Research, LLC

Sector Breakdown As of 08/31/21

% of Net Assets
Communication Services 24.0
Information Technology 19.1
Consumer Staples 11.8
Materials 10.9
Consumer Discretionary 10.4
Financials 10.4
Energy 6.1
Utilities 4.9
Real Estate 1.6
Industrials 0.8

Source: AltaVista Research, LLC

Top Holdings As of 09/15/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
21.85 MELI MERCADOLIBRE INC B23X1H3 1,889.26 4,670 8,822,844.20
19.14 GLOB GLOBANT SA BP40HF4 324.95 23,780 7,727,311.00
5.27 GGAL GRUPO GALICI-ADR 2613570 11.02 193,034 2,127,234.68
4.62 YPF YPF S.A.-SPONSORED ADR 2985945 5.35 348,714 1,865,619.90
4.40 AGRO ADECOAGRO SA B65BNQ6 10.05 176,856 1,777,402.80
4.23 SSRM CN SSR MINING INC BF7MPL9 15.96 107,065 1,709,010.83
4.11 YRI CN YAMANA GOLD INC 2219279 4.25 391,028 1,660,133.90
4.05 CENCOSUD CI CENCOSUD SA B00R3L2 1.79 912,149 1,634,340.89
3.82 BMA BANCO MACRO SA-ADR B0Y62M9 19.43 79,356 1,541,887.08
3.72 CCU CI CIA CERVECERIAS UNIDAS SA 2196189 9.33 161,092 1,502,330.93
3.64 ANDINAB CI Embotelladora Andina SA 2311454 2.35 625,906 1,469,039.90
3.18 PAM PAMPA ENERGIA SA-SPON ADR B41HK52 17.78 72,237 1,284,373.86
3.11 ARCO ARCOS DORADOS-A B529PQ0 5.49 228,799 1,256,106.51
2.66 DESP DESPEGAR.COM CORP BDFS4G3 11.59 92,564 1,072,816.76
2.03 TEO TELECOM ARGE-ADR 2878829 5.26 155,731 819,145.06
1.88 LOMA LOMA NEGRA C-ADR BYP6YP3 7.18 105,532 757,719.76
1.63 TGS TRANSPORT GA-ADR 2902944 5.31 124,009 658,487.79
1.35 CEPU CENTRAL PUERTO-A BDVP1Y5 3.14 173,919 546,105.66
1.34 BBAR BBVA ARGENTINA SA-ADR BKT4TC7 4.29 126,390 542,213.10
0.85 CRESY CRESUD S.A.-SPONS ADR 2226893 5.46 62,622 341,916.12
0.81 CAAP CORP AMERICA AIRPORTS SA BD45SN0 5.74 56,611 324,947.14
0.68 SUPV GRUPO SV-SP ADR BYZJRN1 2.45 111,266 272,601.70
0.59 EDN EMP DISTRIB-ADR B1W9D79 6.47 36,974 239,221.78
0.45 IRS IRSA -SP ADR 2473020 4.51 40,571 182,975.21
0.36 IRCP IRSA PROPIEDADES BVGDLV7 3.07 47,124 144,435.06
0.23 CASH 1.00 90,897 90,809.42
Holdings are subject to change.


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.