ASEA


FTSE Southeast Asia ETF

Reasons to Consider ASEA

Long-Term Growth Potential

Countries in the Association of Southeast Asian Nations (ASEA) saw economic growth rates exceeding 5% in 2022, with forecasts of sustained growth above 4.5% in 2023 and 2024.1

Targeted Exposure

The ETF targets exposure to a specific region.

Efficient Access

ASEA delivers efficient access to a broad basket of Southeast Asian securities.

1OECD, Mar 2023

Key Information As of 03/27/24

Inception Date 02/16/11
Total Expense Ratio 0.65%
Net Assets $44.65 million
NAV $15.19
Fact Sheet View the document

ETF Summary

The Global X FTSE Southeast Asia ETF (ASEA) provides investors with broad exposure to the Southeast Asia region, comprised of Singapore, Malaysia, Indonesia, Thailand and the Philippines.

ETF Objective

The Global X FTSE Southeast Asia ETF (ASEA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/ASEAN 40 Index.

Trading Details As of 03/27/24

Ticker ASEA
Bloomberg Index Ticker ASEA40WN
CUSIP 37950E648
ISIN US37950E6480
Primary Exchange NYSE Arca
Shares Outstanding 2,940,000
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.53%

Distributions As of 03/27/24

30-Day SEC Yield 3.66%
Distribution Frequency Semi-Annually

ETF Prices As of 03/27/24

NAV $15.19 Daily Change $0.00 0.00%
Market Price $15.17 Daily Change $0.03 0.20%

Performance History

As of recent
(12/31/23)
As of recent
(12/31/23)
Fund NAV Market Price Index
1 Year 4.43% 4.85% 5.13%
3 Years 4.95% 4.91% 5.69%
5 Years 2.76% 2.80% 3.47%
10 Years 2.61% 2.64% 3.32%
Since Inception 2.91% 2.94% 3.58%
1 Year 5.08% 4.79% 5.77%
3 Years 4.03% 4.30% 4.76%
5 Years 1.49% 1.69% 2.20%
10 Years 2.44% 2.48% 3.13%
Since Inception 2.76% 2.76% 3.43%
Year-to-Date 4.43% 4.85% 5.13%
1 Month 5.55% 5.75% 5.60%
3 Months 5.04% 5.60% 5.32%
Since Inception 44.74% 45.27% 57.40%
Year-to-Date -1.40% -1.86% -1.30%
1 Month 1.72% 1.65% 1.78%
3 Months 4.08% 3.78% 4.22%
Since Inception 42.72% 42.57% 55.35%

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.

Top Holdings As of 03/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.41 DBS SP DBS GROUP HOLDINGS LTD 6175203 26.70 189,150 5,049,699.54
8.29 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.64 5,774,439 3,669,345.50
8.27 OCBC SP OCBC BANK B0F9V20 10.00 366,008 3,658,452.82
6.30 BBRI IJ BANK RAKYAT INDO 6709099 0.38 7,307,984 2,788,603.17
6.21 UOB SP UNITED OVERSEAS BANK LTD 6916781 21.72 126,402 2,745,141.24
4.77 BMRI IJ BANK MANDIRI 6651048 0.46 4,610,168 2,108,086.91
3.53 MAY MK MALAYAN BANKING BHD 6556325 2.04 766,739 1,563,285.73
3.31 ST SP SINGAPORE TELECO B02PY11 1.87 780,658 1,463,444.53
3.08 PTT-R TB PTT PCL-NVDR 6420408 0.92 1,484,415 1,362,875.03
2.96 PBK MK PUBLIC BANK BERHAD B012W42 0.89 1,473,755 1,310,903.98
2.57 CIMB MK CIMB GROUP HOLDINGS BHD 6075745 1.38 821,745 1,137,213.13
2.38 TLKM IJ TELKOM INDONESIA BD4T6W7 0.22 4,809,575 1,052,615.91
2.08 CPALL-R TB CP ALL PCL-NVDR B08YDH1 1.49 616,517 920,868.15
2.04 TNB MK TENAGA NASIONAL BHD 6904612 2.37 380,344 903,246.68
1.97 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.77 1,128,136 873,445.48
1.79 AOT-R TB AIRPORTS OF-NVDR 6741206 1.79 443,559 793,209.31
1.76 KEP SP KEPPEL LTD B1VQ5C0 5.44 143,500 780,446.06
1.74 CICT SP CAPITALAND INTEG 6420129 1.47 524,695 769,780.75
1.53 ASII IJ ASTRA INTERNATIO B800MQ5 0.32 2,086,955 677,881.95
1.52 SIA SP SINGAPORE AIRLINES LTD 6811734 4.74 141,947 673,133.37
1.51 BDO PM BDO UNIBANK INC B5VJH76 2.75 242,997 667,847.31
1.46 ADVANC-R TB ADVANCED IN-NVDR 6412609 5.59 115,334 644,827.30
1.44 ICT PM INTL CONTAIN TER 6455819 5.66 112,780 637,979.90
1.39 KBANK-R TB KASIKORNBANK PCL-NVDR 6364766 3.40 180,865 614,655.98
1.31 PTTEP-R TB PTT EXPLOR-NVDR B1359L2 4.08 142,085 580,216.92
1.29 BBNI IJ BANK NEGARA INDO 6727121 0.37 1,538,592 572,544.48
1.29 DELTA-R TB DELTA ELEC-NVDR 6418931 1.98 287,210 568,713.19
1.23 WIL SP WILMAR INTERNATIONAL LTD B17KC69 2.54 214,532 545,231.74
1.23 SCB-R TB SCB X PCL-NVDR BPH0728 3.12 173,407 541,785.49
1.18 SCC-R TB SIAM CEMENT PCL-NVDR 6609928 6.99 74,865 523,208.63
1.16 CLI SP CAPITALAND INVES BNHXFJ6 1.99 258,210 512,746.59
1.03 BPI PM BANK PHILIPPINE 6074968 2.10 216,100 453,996.44
0.94 PCHEM MK PCHEM B5KQGT3 1.43 289,568 415,416.59
0.87 IHH MK IHH HEALTHCARE BHD B83X6P8 1.27 300,897 383,352.82
0.83 GULF-R TB GULF ENERGY DE-R BFN4H35 1.20 307,063 368,181.06
0.81 AMMN IJ AMMAN MINERAL IN BRK2Z98 0.55 646,800 356,953.64
0.80 PMAH MK PRESS METAL ALUM BF0J5S4 0.98 359,126 353,586.98
0.68 THBEV SP THAI BEVERAGE PCL B15F664 0.36 829,300 301,094.40
0.60 HLBK MK HONG LEONG BANK BERHAD 6436892 4.09 64,700 264,650.75
0.54 OTHER PAYABLE & RECEIVABLES 1.00 237,527 237,527.40
0.39 INDONESIA RUPIAH 0.00 2,712,101,241 171,056.53
0.32 CPAXT-R TB CP AXTRA PCL-NVDR 6361648 0.86 167,000 143,028.43
0.13 CASH 1.00 56,520 56,520.12
0.05 SINGAPORE DOLLAR 0.74 29,157 21,604.35
0.01 PHILLIPINE PESO 0.02 140,995 2,508.14
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 02/29/24

Sector Weight (%)
Financials 61.1
Communication Services 7.6
Industrials 5.3
Energy 4.7
Real Estate 4.5
Consumer Staples 4.3
Utilities 3.4
Materials 3.2
Health Care 3.0
Consumer Discretionary 1.6
Information Technology 1.3

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Regional Banks 49.6
Major Banks 11.7
Major Telecommunications 6.0
Oil Refining/Marketing 3.3
Electric Utilities 3.0
Real Estate Investment Trusts 3.0
Hospital/Nursing Management 3.0
Chemicals: Specialty 2.4
Food Retail 2.3
Other Transportation 1.9
Trucks/Construction/Farm Machinery 1.8
Other 12.0

Source: new windowAltaVista Research, LLC

Country Weight (%)
Singapore 36.4
Indonesia 26.2
Thailand 19.5
Malaysia 14.9
Philippines 3.1

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 03/27/24

Return on Equity 12.80%
Weighted Avg. Market Cap 34,773 M
2023 2024
Price-to-earnings 12.25 11.83
Price-to-book value 1.56 1.48

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 02/29/24

Versus Beta
S&P 500 0.52
NASDAQ-100 0.30
MSCI EAFE 0.64
MSCI Emg. Mkts 0.62
Standard Deviation 14.40%

Source: new windowAltaVista Research, LLC

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. Narrowly focused investments may be subject to higher volatility. ASEA 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 FTSE, nor does FTSE 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 FTSE.