| NAV | $40.63 | Daily Change | -$0.75 | -1.81% |
| Market Price | $40.51 | Daily Change | -$0.77 | -1.87% |
Argentina ranks second among Latin American countries in Human Development Index (HDI), demonstrating a commitment to health care, education and other services favorable to long-term prosperity.1
The ETF targets exposure to a single country.
ARGT delivers efficient access to a broad basket of Argentine securities.
1Human Development Report, Sep 2022
| Inception Date | 03/02/11 |
| Total Expense Ratio | 0.59% |
| Net Assets | $60.74 million |
| NAV | $40.63 |
| Fact Sheet | View the document |
The Global X MSCI Argentina ETF (ARGT) invests in among the largest and most liquid securities with exposure to Argentina.
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.
| Ticker | ARGT |
| Bloomberg Index Ticker | M1AAR5R |
| CUSIP | 37950E259 |
| ISIN | US37950E2596 |
| Primary Exchange | NYSE Arca |
| Shares Outstanding | 1,494,975 |
| Number of Holdings | 24 |
| 30-Day Median Bid-Ask Spread | 0.49% |
| 30-Day SEC Yield | 2.39% |
| Distribution Frequency | Semi-Annually |
| NAV | $40.63 | Daily Change | -$0.75 | -1.81% |
| Market Price | $40.51 | Daily Change | -$0.77 | -1.87% |
|
As of recent month & quarter-end (09/30/23)
As of recent month & quarter-end (09/30/23)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 45.34% | 45.75% | 45.96% |
| 3 Years | 22.98% | 23.01% | 23.48% |
| 5 Years | 10.82% | 10.72% | 11.28% |
| 10 Years | 8.66% | 8.64% | 9.14% |
| Since Inception | 3.75% | 3.73% | 4.31% |
| 1 Year | 45.34% | 45.75% | 45.96% |
| 3 Years | 22.98% | 23.01% | 23.48% |
| 5 Years | 10.82% | 10.72% | 11.28% |
| 10 Years | 8.66% | 8.64% | 9.14% |
| Since Inception | 3.75% | 3.73% | 4.31% |
| Year-to-Date | 21.81% | 22.30% | 22.11% |
| 1 Month | -12.90% | -13.00% | -12.86% |
| 3 Months | -9.23% | -9.83% | -9.13% |
| Since Inception | 58.91% | 58.57% | 70.09% |
| Year-to-Date | 21.81% | 22.30% | 22.11% |
| 1 Month | -12.90% | -13.00% | -12.86% |
| 3 Months | -9.23% | -9.83% | -9.13% |
| Since Inception | 58.91% | 58.57% | 70.09% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 25.30 | MELI | MERCADOLIBRE INC | B23X1H3 | 1,259.41 | 12,121 | 15,265,308.61 |
| 6.83 | YPF | YPF S.A.-SPONSORED ADR | 2985945 | 12.12 | 339,990 | 4,120,678.80 |
| 5.41 | GGAL | GRUPO GALICI-ADR | 2613570 | 12.65 | 258,046 | 3,264,281.90 |
| 5.41 | PAM | PAMPA ENERGIA SA-SPON ADR | B41HK52 | 37.03 | 88,110 | 3,262,713.30 |
| 5.05 | AGRO | ADECOAGRO SA | B65BNQ6 | 11.16 | 273,223 | 3,049,168.68 |
| 4.61 | ARCO | ARCOS DORADOS-A | B529PQ0 | 9.31 | 299,009 | 2,783,773.79 |
| 4.31 | BMA | BANCO MACRO SA-ADR | B0Y62M9 | 19.31 | 134,514 | 2,597,465.34 |
| 3.93 | LAC CN | LITHIUM AMERICAS CORP | BF4X225 | 16.06 | 147,536 | 2,368,694.77 |
| 3.83 | SSRM CN | SSR MINING INC | BF7MPL9 | 12.81 | 180,263 | 2,308,442.79 |
| 3.79 | CENCOSUD CI | CENCOSUD SA | B00R3L2 | 1.84 | 1,239,733 | 2,285,367.60 |
| 3.63 | ANDINAB CI | Embotelladora Andina SA | 2311454 | 2.21 | 989,744 | 2,190,530.67 |
| 3.62 | TGS | TRANSPORT GA-ADR | 2902944 | 10.00 | 218,457 | 2,184,570.00 |
| 3.47 | CCU CI | CIA CERVECERIAS UNIDAS SA | 2196189 | 6.14 | 340,289 | 2,091,002.54 |
| 3.34 | CEPU | CENTRAL PUERTO-A | BDVP1Y5 | 5.67 | 355,257 | 2,014,307.19 |
| 2.61 | CAAP | CORP AMERICA AIRPORTS SA | BD45SN0 | 13.58 | 115,951 | 1,574,614.58 |
| 2.46 | TEO | TELECOM ARGE-ADR | 2878829 | 4.70 | 315,399 | 1,482,375.30 |
| 2.44 | DESP | DESPEGAR.COM CORP | BDFS4G3 | 7.26 | 202,371 | 1,469,213.46 |
| 1.89 | LOMA | LOMA NEGRA C-ADR | BYP6YP3 | 6.00 | 189,798 | 1,138,788.00 |
| 1.77 | BBAR | BBVA ARGENTINA SA-ADR | BKT4TC7 | 4.14 | 257,602 | 1,066,472.28 |
| 1.65 | BIOX | BIOCERES CROP SO | BJT1RX8 | 11.00 | 90,481 | 995,291.00 |
| 1.43 | EDN | EMP DISTRIB-ADR | B1W9D79 | 11.65 | 74,029 | 862,437.85 |
| 1.27 | CRESY | CRESUD S.A.-SPONS ADR | 2226893 | 6.50 | 117,478 | 763,607.02 |
| 1.10 | IRS | IRSA -SP ADR | BMCZR16 | 6.34 | 104,516 | 663,148.80 |
| 0.75 | SUPV | GRUPO SV-SP ADR | BYZJRN1 | 2.13 | 212,948 | 453,579.24 |
| 0.15 | CHILEAN PESO | 0.00 | 80,109,496 | 88,694.70 | ||
| 0.01 | CASH | 1.00 | 5,990 | 5,989.57 | ||
| 0.00 | CANADIAN DOLLAR | 0.73 | 329 | 241.11 | ||
| -0.03 | OTHER PAYABLE & RECEIVABLES | 1.00 | -16,307 | -16,307.04 |
| Sector | Weight (%) | |
|---|---|---|
| Consumer Discretionary | 32.0 | |
| Consumer Staples | 16.1 | |
| Financials | 12.3 | |
| Materials | 11.6 | |
| Energy | 10.4 | |
| Utilities | 10.2 | |
| Industrials | 2.5 | |
| Communication Services | 2.5 | |
| Real Estate | 2.4 |
| Industry | Weight (%) | |
|---|---|---|
| Internet Software/Services | 25.0 | |
| Regional Banks | 11.6 | |
| Electric Utilities | 10.2 | |
| Integrated Oil | 6.8 | |
| Chemicals: Agricultural | 5.8 | |
| Agricultural Commodities/Milling | 5.2 | |
| Restaurants | 4.6 | |
| Precious Metals | 3.9 | |
| Specialty Stores | 3.8 | |
| Oil Refining/Marketing | 3.6 | |
| Beverages: Non-Alcoholic | 3.6 | |
| Other/Cash | 15.9 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
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.
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.