| NAV | $8.77 | Daily Change | $0.00 | 0.02% |
| Market Price | $8.80 | Daily Change | -$0.11 | -1.23% |
Rebounding from the pandemic, Portugal’s GDP is forecasted to grow at rates of 5.8% in 2022 and 2.8% in 2023.1
The Fund targets exposure to a single country.
Efficient access to a broad basket of Portuguese securities.
1OECD, Dec 2021
| Inception Date | 11/12/13 |
| Total Expense Ratio | 0.58% |
| Net Assets | $16.75 million |
| NAV | $8.77 |
| Fact Sheet |
The Global X MSCI Portugal ETF (PGAL) invests in among the largest and most liquid companies in Portugal.
The Global X MSCI Portugal ETF (PGAL) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Portugal Plus 25/50 Index.
| Ticker | PGAL |
| Bloomberg Index Ticker | M1CXGXE |
| CUSIP | 37950E192 |
| ISIN | US37950E1929 |
| Primary Exchange | NYSE Arca |
| Shares Outstanding | 1,910,000 |
| Number of Holdings | 22 |
| 30-Day Median Bid-Ask Spread | 0.71% |
| 30-Day SEC Yield | 2.96% |
| Distribution Frequency | Semi-Annually |
| NAV | $8.77 | Daily Change | $0.00 | 0.02% |
| Market Price | $8.80 | Daily Change | -$0.11 | -1.23% |
|
As of recent (06/30/22)
As of recent (06/30/22)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -2.71% | -2.68% | -2.36% |
| 3 Years | 2.81% | 2.95% | 2.92% |
| 5 Years | 2.53% | 2.46% | 2.60% |
| Since Inception | -0.70% | -0.69% | -0.59% |
| 1 Year | -8.21% | -8.58% | -7.66% |
| 3 Years | 4.13% | 3.80% | 4.31% |
| 5 Years | 0.83% | 0.68% | 0.95% |
| Since Inception | -0.97% | -1.05% | -0.84% |
| Year-to-Date | -2.65% | -1.91% | -2.52% |
| 1 Month | -5.82% | -5.62% | -5.46% |
| 3 Months | -4.90% | -3.32% | -4.95% |
| Since Inception | -5.91% | -5.77% | -5.01% |
| Year-to-Date | -5.07% | -5.10% | -4.71% |
| 1 Month | -3.88% | -4.99% | -3.80% |
| 3 Months | -8.16% | -8.70% | -7.58% |
| Since Inception | -8.26% | -8.84% | -7.14% |
The Fund's name, investment objective and investment strategies changed effective December 6, 2016. Index performance prior to December 6, 2016, will reflect the investment objective and strategies of the prior when it was the FTSE Portugal 20 Index. The Hybrid Portugal Index (noted as "Index" above in the chart) consists of the FTSE Portugal 20 Index from the inception of the Fund through December 5, 2016, and the MSCI All Portugal Plus 25/50 Index going forward.
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 ($) |
|---|---|---|---|---|---|---|
| 23.29 | EDP PL | EDP | 4103596 | 4.36 | 894,063 | 3,902,264.41 |
| 19.98 | EDPR PL | EDP RENOVAVEIS SA | B39GNW2 | 20.43 | 163,856 | 3,347,821.12 |
| 4.76 | GALP PL | GALP ENERGIA SGPS SA | B1FW751 | 9.41 | 84,864 | 798,156.40 |
| 4.69 | RENE PL | REN-REDE ENERGET | B233HR5 | 2.37 | 331,385 | 786,461.26 |
| 4.50 | JMT PL | JERONIMO MARTINS | B1Y1SQ7 | 18.90 | 39,849 | 753,072.19 |
| 4.48 | BCP PL | BANCO COM PORT-R | BZCNN35 | 0.12 | 6,199,147 | 750,743.94 |
| 4.30 | NOS PL | NOS SGPS | B0B9GS5 | 3.26 | 220,911 | 720,181.38 |
| 4.25 | NVG PL | NAVIGATOR CO SA/THE | 7018556 | 3.34 | 213,276 | 712,371.13 |
| 4.18 | SON PL | SONAE | 5973992 | 0.80 | 869,096 | 699,412.16 |
| 4.07 | GVOLT PL | GREENVOLT-ENERGI | BMFBLL9 | 8.20 | 83,144 | 682,100.58 |
| 3.93 | COR PL | CORTICEIRA AMORIM SA | 4657736 | 8.68 | 75,793 | 658,065.43 |
| 3.92 | ALTR PL | ALTRI SGPS SA | B13ZSL5 | 4.91 | 133,776 | 656,526.84 |
| 3.16 | 656 HK | FOSUN INTERNATIONAL LTD | B1Z7FX0 | 0.61 | 861,690 | 529,095.38 |
| 2.96 | CTT PL | CTT-CORREIOS DE PORTUGAL | BGQYC45 | 2.66 | 186,551 | 495,569.65 |
| 2.26 | SEM PL | SEMAPA | 5962934 | 11.92 | 31,835 | 379,317.52 |
| 1.40 | IBS PL | IBERSOL SGPS SA | 7003671 | 5.10 | 46,074 | 234,890.06 |
| 1.12 | EGL PL | MOTA ENGIL SGPS SA | 7025471 | 1.05 | 179,906 | 188,004.24 |
| 0.66 | SNC PL | SONAECOM SGPS SA | 5972290 | 1.82 | 60,621 | 110,418.07 |
| 0.54 | HTOO | FUSION FUEL GREEN PLC-A | BNC17X3 | 5.19 | 17,319 | 89,885.61 |
| 0.51 | RAM PL | RAMADA INVESTIME | B39Z233 | 6.80 | 12,670 | 86,123.98 |
| 0.47 | PHR PL | PHAROL SGPS SA | 5817186 | 0.06 | 1,307,952 | 79,199.37 |
| 0.39 | NBA PL | NOVABASE SGPS SA | 4063612 | 4.28 | 15,233 | 65,162.50 |
| 0.17 | CASH | 1.00 | 28,977 | 28,972.31 |
| Sector | Weight (%) | |
|---|---|---|
| Utilities | 50.9 | |
| Materials | 15.6 | |
| Consumer Staples | 9.2 | |
| Industrials | 7.5 | |
| Communication Services | 5.4 | |
| Energy | 4.9 | |
| Financials | 4.8 | |
| Consumer Discretionary | 1.4 | |
| Information Technology | 0.4 |
Source: AltaVista Research, LLC
| Return on Equity | 38.60% | |
| Weighted Avg. Market Cap | 9,155 M | |
| 2021 | 2022 | |
| Price-to-earnings | 13.64 | 11.57 |
| Price-to-book value | 4.98 | 4.05 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 0.95 |
| MSCI EAFE | 1.13 |
| MSCI Emg. Mkts | 0.89 |
| Standard Deviation | 24.00% |
Source: AltaVista Research, LLC
Investing involves risk, including the possible loss of principal. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Securities focusing on a single country may be subject to higher volatility. PGAL 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.
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