Key stats
About GLOBAL X MSCI ARGENTINA ETF
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Inception date
Mar 2, 2011
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ARGT is the first ETF to provide exposure to the Argentine equity market. Eligible companies are those across various sectors that are classified in Argentina in accordance to MSCI Global Investable Market Index Methodology. In addition, companies that are listed, headquartered and carry out most of their operations in Argentina are also eligible for index inclusion. The fund is a concentrated portfolio that targets a minimum of 25 securities and 20 issuers at portfolio construction. The underlying index utilizes a capping methodology so that no individual constituent has a weight greater than 25% and the aggregate weight of constituents with over 5% weight in the index are capped at 50% weight of the portfolio. Index rebalancing occurs quarterly. Prior to August 15, 2014, ARGT traded as Global X FTSE Argentina 20 ETF and tracked FTSE Argentina 20 index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Retail Trade
Finance
Utilities
Energy Minerals
Stocks99.37%
Retail Trade31.24%
Finance20.08%
Utilities13.77%
Energy Minerals11.59%
Non-Energy Minerals6.82%
Consumer Non-Durables6.72%
Communications2.56%
Consumer Services2.41%
Process Industries2.28%
Transportation1.89%
Bonds, Cash & Other0.63%
Cash0.63%
Stock breakdown by region
Latin America88.14%
North America8.61%
Europe3.25%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ARGT invests in stocks. The fund's major sectors are Retail Trade, with 31.24% stocks, and Finance, with 20.08% of the basket. The assets are mostly located in the Latin America region.
ARGT top holdings are MercadoLibre, Inc. and Grupo Financiero Galicia SA Sponsored ADR Class B, occupying 26.66% and 7.49% of the portfolio correspondingly.
ARGT last dividends amounted to 19.70 MXN. Six months before that, the issuer paid 3.93 MXN in dividends, which shows a 80.03% increase.
Yes, ARGT pays dividends to its holders with the dividend yield of 1.25%. The last dividend (Jan 7, 2025) amounted to 19.70 MXN. The dividends are paid semi-annually.
ARGT shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Mar 2, 2011, and its management style is Passive.
ARGT expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
ARGT follows the MSCI All Argentina 25/50. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ARGT invests in stocks.
ARGT price has risen by 5.64% over the last month, and its yearly performance shows a 105.03% increase. See more dynamics on ARGT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.36% over the last month, showed a 5.14% increase in three-month performance and has increased by 75.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.36% over the last month, showed a 5.14% increase in three-month performance and has increased by 75.82% in a year.
ARGT trades at a premium (2.94%) meaning the ETF is trading at a higher price than the calculated NAV.