ARGT


MSCI Argentina ETF

Fund Summary

The Global X MSCI Argentina ETF (ARGT) invests in among the largest and most liquid securities with exposure to Argentina.

Fund Objective

The Global X MSCI Argentina ETF 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.

Why ARGT?

Efficient Access

Efficient access to a broad basket of Argentine securities.

Frontier Market Exposure

Frontier markets are among the highest growth potential economies in the world.

Unique Offering

The first and only ETF to directly target Argentina.

Fund Details As of 8/23/16

Ticker ARGT
Primary Exchange NYSE Arca
CUSIP 37950E259
ISIN US37950E2596
Net Assets $71,873,713.42
Management Fee 0.74%
Other Expenses 0.01%
Annual Fund Operating Expense 0.75%
Inception Date 3/2/11
Shares Outstanding 3,124,975
30-Day SEC Yield 0.66%
Distribution Frequency Annually
Distribution Calendar

Fund Prices

As of 8/23/16
NAV Price
Net Asset Value $23.00 Closing Price $0.00
Daily Change $0.17 0.73% Daily Change $0.00 0.00%

Performance History

Cumulative %

Data as of month end (7/31/16)

Fund NAV Closing Price Index
1 Month 1.57% 1.53% 1.61%
3 Months 9.76% 9.38% 10.01%
6 Months 31.32% 31.36% 32.10%
Since Inception -19.82% -19.74% -14.57%

Avg Annualized %

Data as of month end (7/31/16)

Fund NAV Closing Price Index
1 Year 23.71% 24.43% 25.67%
3 Years 9.49% 9.38% 10.98%
5 Years -3.72% -3.77% -2.59%
Since Inception -4.00% -3.98% -2.86%

Avg Annualized %

Data as of quarter end (6/30/16)

Fund NAV Closing Price Index
1 Year 11.51% 11.94% 13.61%
3 Years 11.98% 11.98% 13.48%
5 Years -4.58% -4.57% -3.46%
Since Inception -4.34% -4.32% -3.20%

The Fund's name, investment objective and investment strategies changed effective August 15, 2014. Fund performance prior to August 15, 2014, will reflect the investment objective and strategies of the Fund when it was the Global FTSE Argentina 20 ETF. The Hybrid Argentina Index (noted as "Index" above in the chart) consists of the FTSE Argentina 20 Index from the inception of the Fund through August 15, 2014, and the MSCI All Argentina 25/50 Index going forward.

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Fund Characteristics As of 8/18/16

Return on Equity 8.30%
Average Market Cap $7,988.00 M
2015 2016
Price-to-earnings 29.72 26.12
Price-to-book value 2.21 2.12

Source: AltaVista Research, LLC

Fund Risk Stats As of 8/18/16

Versus Beta
S&P 500 1.14
MSCI EAFE 1.13
MSCI Emg. Mkts 0.92
Standard Deviation 26.20%

Source: AltaVista Research, LLC

Top 10 Holdings

As of 8/23/16
Net Assets % Name Market Price ($) Shares Held Market Value ($)
17.52 TENARIS SA-ADR 28.81 437,066 12,591,871.46
13.43 MERCADOLIBRE INC 166.74 57,903 9,654,746.22
7.26 YPF S.A.-SPONSORED ADR 17.61 296,434 5,220,202.74
5.69 BANCO MACRO SA-ADR 78.13 52,294 4,085,730.22
4.49 GRUPO FINANCIERO GALICIA 30.12 107,235 3,229,918.20
3.95 TELECOM ARGENTINA SA-SP A 18.08 156,937 2,837,420.96
3.79 SILVER STANDARD RESOURCES 14.64 186,165 2,725,455.60
3.72 GLOBANT SA 40.38 66,179 2,672,308.02
3.70 PAMPA ENERGIA SA-SPON ADR 25.95 102,532 2,660,705.40
3.31 BBVA BANCO FRANCES SA-ADR 20.18 118,021 2,381,663.78
Holdings are subject to change.

Global X NAVs are calculated using prices as of 4:00 PM Eastern Time.

The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange.

Since the Fund’s Shares typically do not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Carefully consider the fund’s investment objectives, risks, and charges and expenses. This and other information can be found in the fund’s prospectus. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, FTSE, Standard & Poors, NASDAQ, S-Network, Indxx, or MSCI nor do these companies make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO nor Global X is affiliated with Solactive AG, FTSE, Standard & Poors, NASDAQ, S-Network, Indxx, or MSCI.

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country may be subject to higher volatility.

Short-term performance of the fund is unusual and investors should not expect such performance to be repeated.

The Fund’s name, investment objective and investment strategies changed effective August 15, 2014. Fund performance prior to August 15, 2014, will reflect the investment objective and strategies of the Fund when it was the Global FTSE Argentina 20 ETF.

The Hybrid Argentina Index (noted as “Index” above in the chart) consists of the FTSE Argentina 20 Index from the inception of the Fund through August 15, 2014, and the MSCI All Argentina 25/50 Index going forward.