GREK

Global X MSCI Greece ETF

$65.16
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Global X MSCI Greece ETF seeks to provide investment results that correspond generally to the price and yield performance of the MSCI All Greece Select 25/50 Index, which is designed to represent the performance of the broad Greek equity universe.

Overview

ETF tracking Global X MSCI Greece ETF

Issuer Other
Inception Date 2011-12-08
Market Cap $311.8M
Average Volume N/A
Dividend Yield 3.93%
52-Week Range $38.34 - $66.89
VWAP $65.06

Performance

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Investment Summary

📎 Investment Objective

The Global X MSCI Greece ETF seeks to provide investment results that correspond generally to the price and yield performance of the MSCI All Greece Select 25/50 Index, which is designed to represent the performance of the broad Greek equity universe.

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the underlying index to seek to track the performance of the index. The fund may invest in securities not included in the index, but which the advisor believes will help the fund track the index.

✨ Key Features

  • Provides exposure to the Greek equity market
  • Tracks the MSCI All Greece Select 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 Greek economy
  • Currency risk as the fund's holdings are denominated in the Euro
  • Liquidity risk given the small size and trading volume of the fund

👤 Best For

This ETF may be suitable for investors seeking exposure to the Greek equity market as part of a diversified international portfolio, with a higher risk tolerance given the volatility and risks associated with investing in an emerging market economy.