ASEA ISSUER
The ASEA ETF is managed by Global X Management Company LLC and seeks to provide investment results that correspond generally to the performance of the FTSE/ASEAN 40 Index. This ETF primarily invests in the securities of the FTSE/ASEAN 40 Index, which includes the 40 largest and most liquid companies in the Association of Southeast Asian Nations (ASEAN) regions, namely Singapore, Malaysia, Indonesia, Thailand, and the Philippines. It may also hold American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the Underlying Index. ASEA allows investors to gain exposure to the dynamic economies of Southeast Asia, making it an attractive choice for those seeking diversification in this region. The fund's investment objective and Underlying Index may change without shareholder approval, and it employs a passive indexing approach to track the performance of its benchmark index.
ASEA DIVIDEND
The Global X FTSE ASEAN 40 ETF (ASEA) focuses primarily on tracking the FTSE/ASEAN 40 Index, which includes companies economically tied to Singapore, Malaysia, Indonesia, Thailand, and the Philippines. While dividend distribution is not the primary objective of this ETF, it may still reflect the dividend policies and performances of its underlying index constituents. Dividends from ASEA are typically distributed on a regular basis, but eligibility for inclusion in the index depends on the companies' status as members of the FTSE All World Country Index for the mentioned ASEAN nations. Investors in ASEA may benefit from both capital appreciation and potential dividend returns, although the fund's primary aim is to replicate the performance of its underlying index through passive investment strategies.
ASEA TRACKING
Tracking the FTSE/ASEAN 40 Index is the primary objective of the ASEA ETF. This exchange-traded fund invests at least 80% of its total assets in the securities of the FTSE/ASEAN 40 Index, as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the index's securities. Moreover, ASEA focuses on companies economically tied to Singapore, Malaysia, Indonesia, Thailand, and the Philippines, reflecting the ASEAN region's economic performance. The ETF employs a passive indexing approach and aims to closely match the returns of the Underlying Index, providing investors with a convenient way to gain exposure to the ASEAN markets.
ASEA CORRELATION
The correlation aspect of the Global X FTSE Southeast Asia ETF (ASEA) is crucial for investors looking to understand how it performs in relation to the broader Southeast Asian equity market. ASEA invests in the securities of the FTSE/ASEAN 40 Index, which tracks the performance of the 40 largest and most liquid companies in Singapore, Malaysia, Indonesia, Thailand, and the Philippines. Therefore, its correlation with these specific markets plays a significant role in its behavior. Investors can use ASEA's correlation data to make informed decisions about portfolio diversification and risk management within the Southeast Asian region.
ASEA SECTOR
The ASEA Sector ETF (ASEA) primarily focuses on investments in the Southeast Asian region, including Singapore, Malaysia, Indonesia, Thailand, and the Philippines. This ETF tracks the FTSE/ASEAN 40 Index, which comprises the 40 largest and most liquid companies from these ASEAN nations. ASEA offers exposure to industries tied to the economic growth of these countries, such as banking and financials. Investors looking to participate in the dynamic Southeast Asian market may find ASEA a suitable choice, but it's important to note that the fund may exhibit concentration risk in industries reflective of the Underlying Index.
ASEA EXPOSURE
The exposure characteristic of the Global X FTSE ASEAN 40 ETF (ASEA) revolves around the ASEAN region''s equity market. ASEA aims to track the FTSE/ASEAN 40 Index, focusing on the 40 largest and most liquid companies in five Association of Southeast Asian Nations (ASEAN) regions: Singapore, Malaysia, Indonesia, Thailand, and the Philippines. By investing in securities tied to these economies, ASEA provides investors with an opportunity to gain exposure to the dynamic and diverse ASEAN markets. For in-depth analysis and a deeper understanding of ASEA''s exposure, you can utilize our ETF Insider web app, which offers comprehensive data, visualizations, and insights into various US ETFs, including exposure analysis, overlap, correlations, and more.