VNAM

Global X MSCI Vietnam ETF

$22.48
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

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

Overview

ETF tracking Global X MSCI Vietnam ETF

Issuer Other
Inception Date 2021-12-09
Market Cap $21.6M
Average Volume N/A
Dividend Yield 0.79%
52-Week Range $12.87 - $25.01
VWAP $22.37

Performance

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Price Chart

Investment Summary

📎 Investment Objective

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

🎯 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 index is designed to measure the performance of the Vietnamese equity market.

✨ Key Features

  • Provides exposure to Vietnamese equities through a single fund
  • Tracks the MSCI Vietnam IMI 25/50 Index, a free float-adjusted market capitalization-weighted index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ 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 Vietnamese market
  • Currency risk as the fund's returns are subject to fluctuations in the Vietnamese dong
  • Liquidity risk as the Vietnamese equity market may have lower trading volumes

👤 Best For

The Global X MSCI Vietnam ETF may be suitable for investors seeking exposure to the Vietnamese equity market as part of a diversified international portfolio. However, due to the higher risk profile of emerging markets, this fund is best suited for investors with a higher risk tolerance and a long-term investment horizon.