NORW

📎 Investment Objective

The Global X MSCI Norway ETF (NORW) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Norway IMI 25/50 Index.

✨ Key Features

• Provides exposure to the Norwegian equity market across large-, mid-, and small-cap companies
• Tracks the MSCI Norway IMI 25/50 Index, a free float-adjusted market capitalization-weighted index
• Low expense ratio of 0.00%
• Suitable for investors seeking targeted exposure to the Norwegian stock market

⚠️ Primary Risks

• Concentration risk: The fund's performance is closely tied to the performance of the Norwegian equity market, which may be more volatile than broader international markets
• Currency risk: As a fund investing in non-U.S. securities, the fund is subject to risks from fluctuations in the value of the Norwegian krone relative to the U.S. dollar
• Emerging market risk: Norway is considered an emerging market, which may involve greater volatility and political, economic, and regulatory uncertainties compared to developed markets
• Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time and price, especially in volatile or uncertain market conditions

👤 Best For

The Global X MSCI Norway ETF may be suitable for investors seeking targeted exposure to the Norwegian equity market as part of a diversified international portfolio. It may be particularly appealing to investors with a higher risk tolerance who are comfortable with the increased volatility and currency risks associated with investing in an emerging market.