ASEA

Global X FTSE Southeast Asia ETF

$17.96

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment 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.

Overview

ETF tracking Global X FTSE Southeast Asia ETF

Category International

Issuer Other

Inception Date 2011-02-17

Market Cap $68.8M

Average Volume N/A

Dividend Yield 3.32%

52-Week Range $13.78 - $18.11

VWAP $17.98

Performance

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Investment Summary

📎 Investment 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.

🎯 Investment Strategy

The fund invests in a representative sample of securities included in the FTSE/ASEAN 40 Index, which is designed to measure the performance of the 40 largest and most liquid public companies in Southeast Asia. The fund may invest in securities of companies located in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.

✨ Key Features

Provides exposure to large and mid-cap companies in the Southeast Asia region
Tracks the FTSE/ASEAN 40 Index, a benchmark of the 40 largest and most liquid public companies in Southeast Asia
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Exposure to emerging markets, which may be subject to greater political, economic, and social instability
Concentration risk as the fund is focused on a specific geographic region
Currency risk as the fund's holdings are denominated in various local currencies
Liquidity risk due to the relatively small size and trading volume of the fund

👤 Best For

The Global X FTSE Southeast Asia ETF may be suitable for investors seeking exposure to the growth potential of the Southeast Asian market as part of a diversified international portfolio. However, due to the fund's limited performance history and the inherent risks of investing in emerging markets, it may be best suited for investors with a higher risk tolerance and a long-term investment horizon.