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 06/12/24

Inception Date 02/16/11
Total Expense Ratio 0.65%
Net Assets $41.32 million
NAV $14.81
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 06/12/24

Ticker ASEA
Bloomberg Index Ticker ASEA40WN
CUSIP 37950E648
ISIN US37950E6480
Primary Exchange NYSE Arca
Shares Outstanding 2,790,000
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.54%

Distributions As of 06/12/24

30-Day SEC Yield 4.46%
Distribution Frequency Semi-Annually

ETF Prices As of 06/12/24

NAV $14.81 Daily Change $0.04 0.27%
Market Price $14.82 Daily Change $0.11 0.75%

Performance History

As of recent
(03/31/24)
As of recent
(03/31/24)
Fund NAV Market Price Index
1 Year 3.87% 3.53% 4.58%
3 Years 4.28% 4.26% 5.00%
5 Years 1.94% 2.11% 2.65%
10 Years 2.28% 2.33% 2.99%
Since Inception 2.87% 2.89% 3.54%
1 Year 4.16% 3.80% 4.84%
3 Years 3.18% 2.87% 3.78%
5 Years 1.84% 1.75% 2.54%
10 Years 1.72% 1.68% 2.41%
Since Inception 2.72% 2.67% 3.39%
Year-to-Date 0.13% 0.07% 0.32%
1 Month 1.55% 1.96% 1.64%
3 Months 0.13% 0.07% 0.32%
Since Inception 44.94% 45.36% 57.91%
Year-to-Date -1.33% -2.25% -1.04%
1 Month -0.13% 0.14% -0.09%
3 Months 0.07% -0.41% 0.26%
Since Inception 42.82% 41.99% 55.76%

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 06/12/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
12.92 DBS SP DBS GROUP HOLDINGS LTD 6175203 26.52 201,265 5,338,018.26
9.05 OCBC SP OCBC BANK B0F9V20 10.59 353,308 3,740,336.15
7.67 BBCA IJ BANK CENTRAL ASIA TBK PT B01C1P6 0.57 5,581,439 3,168,450.14
6.78 UOB SP UNITED OVERSEAS BANK LTD 6916781 22.80 122,802 2,800,194.40
4.57 BBRI IJ BANK RAKYAT INDO 6709099 0.27 7,065,884 1,886,317.19
3.93 BMRI IJ BANK MANDIRI 6651048 0.36 4,460,468 1,621,913.71
3.80 MAY MK MALAYAN BANKING BHD 6556325 2.11 743,539 1,569,824.79
3.49 ST SP SINGAPORE TELECO B02PY11 1.90 756,458 1,440,711.59
3.04 PTT-R TB PTT PCL-NVDR 6420408 0.87 1,438,915 1,255,152.79
2.98 PBK MK PUBLIC BANK BERHAD B012W42 0.86 1,428,655 1,229,536.68
2.82 CIMB MK CIMB GROUP HOLDINGS BHD 6075745 1.46 797,745 1,165,122.00
2.63 TNB MK TENAGA NASIONAL BHD 6904612 2.94 369,744 1,087,874.24
2.24 CPALL-R TB CP ALL PCL-NVDR B08YDH1 1.55 599,117 926,806.32
2.02 TLKM IJ TELKOM INDONESIA BD4T6W7 0.18 4,661,875 835,415.32
1.97 BDMS-R TB BANGKOK DUS-NVDR B013SV4 0.74 1,095,936 814,072.67
1.78 CICT SP CAPITALAND INTEG 6420129 1.44 510,695 733,282.26
1.70 AOT-R TB AIRPORTS OF-NVDR 6741206 1.62 431,759 700,276.97
1.67 SIA SP SINGAPORE AIRLINES LTD 6811734 5.01 138,147 691,685.68
1.65 KEP SP KEPPEL LTD B1VQ5C0 4.90 139,400 682,403.01
1.56 ADVANC-R TB ADVANCED IN-NVDR 6412609 5.72 112,234 642,473.49
1.55 ICT PM INTL CONTAIN TER 6455819 5.81 109,930 638,979.83
1.47 KBANK-R TB KASIKORNBANK PCL-NVDR 6364766 3.43 176,665 606,781.79
1.44 DELTA-R TB DELTA ELEC-NVDR 6418931 2.13 280,310 595,997.82
1.41 PTTEP-R TB PTT EXPLOR-NVDR B1359L2 4.20 138,385 580,926.54
1.33 BDO PM BDO UNIBANK INC B5VJH76 2.32 236,547 548,047.56
1.31 ASII IJ ASTRA INTERNATIO B800MQ5 0.27 2,029,455 543,031.32
1.18 CLI SP CAPITALAND INVES BNHXFJ6 1.94 250,610 486,621.36
1.16 WIL SP WILMAR INTERNATIONAL LTD B17KC69 2.28 210,032 479,707.06
1.16 SCB-R TB SCB X PCL-NVDR BPH0728 2.83 169,207 479,692.74
1.13 AMMN IJ AMMAN MINERAL IN BRK2Z98 0.74 633,200 466,316.86
1.09 SCC-R TB SIAM CEMENT PCL-NVDR 6609928 6.24 71,965 449,229.52
1.05 PMAH MK PRESS METAL ALUM BF0J5S4 1.24 350,526 433,188.46
1.02 BPI PM BANK PHILIPPINE 6074968 2.01 210,080 422,665.21
0.98 BBNI IJ BANK NEGARA INDO 6727121 0.27 1,493,092 405,928.23
0.95 PCHEM MK PCHEM B5KQGT3 1.39 282,268 393,709.26
0.94 IHH MK IHH HEALTHCARE BHD B83X6P8 1.32 292,897 386,183.22
0.80 GULF-R TB GULF ENERGY DE-R BFN4H35 1.10 300,263 329,442.16
0.72 THBEV SP THAI BEVERAGE PCL B15F664 0.36 816,000 297,466.80
0.61 HLBK MK HONG LEONG BANK BERHAD 6436892 4.09 61,700 252,423.95
0.29 CPAXT-R TB CP AXTRA PCL-NVDR 6361648 0.75 158,000 118,440.78
0.18 CASH 1.00 73,233 73,233.33
0.01 SINGAPORE DOLLAR 0.74 4,255 3,165.21
0.00 INDONESIA RUPIAH 0.00 11,776,576 722.73
0.00 PHILLIPINE PESO 0.02 98 1.68
0.00 OTHER PAYABLE & RECEIVABLES 1.00 -606 -606.13
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 05/31/24

Sector Weight (%)
Financials 61.3
Communication Services 6.9
Industrials 6.8
Energy 4.5
Consumer Staples 4.5
Materials 4.3
Utilities 3.3
Real Estate 3.0
Health Care 2.9
Information Technology 1.4
Consumer Discretionary 1.3

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Regional Banks 48.4
Major Banks 13.8
Major Telecommunications 5.5
Other Transportation 3.5
Electric Utilities 3.3
Oil Refining/Marketing 3.2
Real Estate Investment Trusts 3.0
Hospital/Nursing Management 2.9
Food Retail 2.3
Chemicals: Specialty 2.1
Trucks/Construction/Farm Machinery 1.7
Other 10.3

Source: new windowAltaVista Research, LLC

Country Weight (%)
Singapore 39.8
Indonesia 21.6
Thailand 19.1
Malaysia 15.6
Philippines 3.9

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 06/12/24

Return on Equity 12.90%
Weighted Avg. Market Cap 33,604 M
2023 2024
Price-to-earnings 11.82 11.26
Price-to-book value 1.50 1.42

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 05/31/24

Versus Beta
S&P 500 0.50
NASDAQ-100 0.30
MSCI EAFE 0.63
MSCI Emg. Mkts 0.63
Standard Deviation 14.50%

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.