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 05/12/21

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 $36,074,695
Net Asset Value (NAV) $28.75
Shares Outstanding 1,254,975
Total Expense Ratio 0.60%

Distributions

30-Day SEC Yield 0.65%
Distribution Frequency Semi-Annually

Fund Prices As of 05/12/21

NAV $28.75 Daily Change -$0.78 -2.65%
Market Price $28.77 Daily Change -$0.66 -2.24%
30-Day Median Bid-Ask Spread 0.37%

Performance History

As of recent
(03/31/21)
As of recent
(03/31/21)
Fund NAV Market Price Index
1 Year 76.12% 77.92% 77.03%
3 Years -6.01% -6.01% -5.67%
5 Years 9.27% 9.13% 9.16%
10 Years 0.50% 0.50% 1.07%
Since Inception 0.60% 0.59% 1.19%
1 Year 64.85% 65.29% 65.77%
3 Years -4.23% -4.19% -3.89%
5 Years 8.53% 8.42% 8.47%
10 Years 0.70% 0.70% 1.26%
Since Inception 0.94% 0.94% 1.52%
Year-to-Date -5.15% -5.04% -5.07%
1 Month -1.47% -1.43% -1.47%
3 Months -5.15% -5.04% -5.07%
Since Inception 6.26% 6.06% 12.62%
Year-to-Date -1.84% -1.58% -1.72%
1 Month 3.49% 3.64% 3.53%
3 Months 3.71% 3.60% 3.78%
Since Inception 9.98% 9.92% 16.60%

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 05/11/21

Return on Equity 6.40%
Weighted Avg. Market Cap 19,581 M
2020 2021
Price-to-earnings 53.09 18.49
Price-to-book value 1.21 1.17

Source: AltaVista Research, LLC

Fund Risk Stats As of 05/11/21

Versus Beta
S&P 500 1.37
MSCI EAFE 1.60
MSCI Emg. Mkts 1.45
Standard Deviation 40.70%

Source: AltaVista Research, LLC

Sector Breakdown As of 04/30/21

% of Net Assets
Communication Services 21.6
Information Technology 20.9
Consumer Staples 13.8
Consumer Discretionary 12.2
Materials 11.1
Financials 8.4
Energy 4.9
Utilities 4.5
Real Estate 1.6
Industrials 0.9
Other/Cash 0.1

Source: AltaVista Research, LLC

Top Holdings As of 05/12/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
19.46 GLOB GLOBANT SA BP40HF4 205.32 34,186 7,019,069.52
16.90 MELI MERCADOLIBRE INC B23X1H3 1,302.49 4,681 6,096,955.69
5.41 CENCOSUD CI CENCOSUD SA B00R3L2 2.10 928,413 1,950,510.82
5.40 YRI CN YAMANA GOLD INC 2219279 5.02 388,291 1,948,597.72
5.38 AGRO ADECOAGRO SA B65BNQ6 9.83 197,243 1,938,898.69
5.21 CCU CI CIA CERVECERIAS UNIDAS SA 2196189 9.12 206,016 1,879,076.28
5.17 SSRM CN SSR MINING INC BF7MPL9 16.90 110,335 1,864,534.25
4.30 GGAL GRUPO GALICI-ADR 2613570 7.69 201,797 1,551,818.93
3.99 ARCO ARCOS DORADOS-A B529PQ0 6.10 235,889 1,438,922.90
3.77 YPF YPF S.A.-SPONSORED ADR 2985945 4.15 328,080 1,361,532.00
3.77 ANDINAB CI Embotelladora Andina SA 2311454 2.22 613,833 1,360,674.06
3.37 PAM PAMPA ENERGIA SA-SPON ADR B41HK52 14.04 86,618 1,216,116.72
3.32 DESP DESPEGAR.COM CORP BDFS4G3 12.36 96,819 1,196,682.84
3.05 BMA BANCO MACRO SA-ADR B0Y62M9 13.50 81,474 1,099,899.00
2.18 TEO TELECOM ARGE-ADR 2878829 4.85 162,028 785,835.80
1.80 LOMA LOMA NEGRA C-ADR BYP6YP3 5.91 109,620 647,854.20
1.64 TGS TRANSPORT GA-ADR 2902944 4.59 128,917 591,729.03
1.05 CRESY CRESUD S.A.-SPONS ADR 2226893 6.28 60,116 377,528.48
1.01 BBAR BBVA ARGENTINA SA-ADR BKT4TC7 2.77 131,006 362,886.62
1.01 CEPU CENTRAL PUERTO-A BDVP1Y5 2.01 180,520 362,845.20
0.92 CAAP CORP AMERICA AIRPORTS SA BD45SN0 5.67 58,448 331,400.16
0.54 SUPV GRUPO SV-SP ADR BYZJRN1 1.69 115,162 194,623.78
0.44 IRS IRSA -SP ADR 2473020 3.80 42,038 159,750.45
0.39 EDN EMP DISTRIB-ADR B1W9D79 3.51 40,047 140,564.97
0.28 IRCP IRSA PROPIEDADES BVGDLV7 8.80 11,368 100,038.40
0.27 CASH 0.00 149,244,307 96,348.91
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.