ARGT

Global X MSCI Argentina ETF

$91.01
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment 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.

Overview

ETF tracking Global X MSCI Argentina ETF

Issuer Other
Inception Date 2011-03-03
Market Cap $848.7M
Average Volume N/A
Dividend Yield 1.12%
52-Week Range $67.55 - $95.43
VWAP $90.52

Performance

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Price Chart

Investment Summary

📎 Investment 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.

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the underlying index to seek to track its performance. The index is designed to measure the performance of the large and mid-cap segments of the Argentine equity market.

✨ Key Features

  • Provides exposure to the Argentine equity market
  • Tracks the MSCI All Argentina 25/50 Index
  • Low expense ratio of 0.00%
  • Relatively small fund with $0 in assets under management

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a single country
  • Emerging market risk due to the volatility and potential instability of the Argentine market
  • Currency risk as the fund's holdings are denominated in Argentine pesos
  • Liquidity risk due to the small size and trading volume of the fund

👤 Best For

This ETF may be suitable for investors seeking exposure to the Argentine equity market as part of a diversified international portfolio. However, due to the high risk and volatility associated with investing in a single emerging market, it is generally recommended for experienced investors with a higher risk tolerance and a long-term investment horizon.