| NAV | $23.91 | Daily Change | $0.22 | 0.93% |
| Market Price | $23.70 | Daily Change | $0.18 | 0.77% |
Modest GDP growth is expected in 2024, but growth could accelerate in 2025 if more progress is made bringing inflation under control.1
The ETF targets exposure to a single country.
GXG delivers efficient access to a broad basket of Colombian securities.
1BBVA Research, March 2024
| Inception Date | 02/05/09 |
| Total Expense Ratio | 0.63% |
| Net Assets | $36.81 million |
| NAV | $23.91 |
| Fact Sheet | View the document |
The Global X MSCI Colombia ETF (GXG) invests in among the largest and most liquid Colombian securities.
The Global X MSCI Colombia ETF (GXG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Colombia Select 25/50 Index.
| Ticker | GXG |
| Bloomberg Index Ticker | M1CXGXB |
| CUSIP | 37954Y327 |
| ISIN | US37954Y3273 |
| Primary Exchange | NYSE Arca |
| Shares Outstanding | 1,539,699 |
| Number of Holdings | 21 |
| 30-Day Median Bid-Ask Spread | 0.94% |
| 30-Day SEC Yield | 7.15% |
| Distribution Frequency | Semi-Annually |
| NAV | $23.91 | Daily Change | $0.22 | 0.93% |
| Market Price | $23.70 | Daily Change | $0.18 | 0.77% |
|
As of recent (09/30/24)
As of recent (09/30/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 18.66% | 19.07% | 19.31% |
| 3 Years | -0.56% | -0.58% | -0.10% |
| 5 Years | -2.96% | -3.04% | -2.61% |
| 10 Years | -7.11% | -7.14% | -6.59% |
| Since Inception | 1.75% | 1.72% | 2.47% |
| 1 Year | 23.21% | 22.22% | 23.75% |
| 3 Years | -2.66% | -3.02% | -2.18% |
| 5 Years | -4.58% | -4.56% | -4.24% |
| 10 Years | -6.86% | -6.99% | -6.34% |
| Since Inception | 1.61% | 1.55% | 2.32% |
| Year-to-Date | 4.88% | 3.30% | 5.07% |
| 1 Month | -2.44% | -1.05% | -2.35% |
| 3 Months | -4.77% | -4.59% | -4.78% |
| Since Inception | 31.12% | 30.69% | 46.44% |
| Year-to-Date | 2.78% | 0.75% | 2.94% |
| 1 Month | -1.99% | -2.47% | -2.02% |
| 3 Months | -6.06% | -7.32% | -5.99% |
| Since Inception | 28.51% | 27.47% | 43.47% |
The Fund's name, investment objective and investment strategies changed effective July 15, 2014 and again on August 31, 2016. The Hybrid Colombia Index (noted as "Index" above in the chart) reflects performance of the FTSE Colombia 20 Index through July 14, 2014, the MSCI All Colombia Capped Index through August 30, 2016 and the MSCI All Colombia Select 25/50 Index, thereafter.
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). 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. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 15.65 | PFBCOLO CB | PFBCOLO | BJ62LW1 | 8.26 | 697,127 | 5,759,500.90 |
| 10.67 | ECOPETL CB | ECOPETROL SA | B2473N4 | 0.41 | 9,569,198 | 3,928,914.22 |
| 9.25 | ISA CB | ISA SA | 2205706 | 3.93 | 866,223 | 3,406,367.29 |
| 7.95 | BCOLO CB | BANCOLOMBIA SA | BJ62K57 | 8.90 | 329,017 | 2,926,897.05 |
| 6.28 | TGLS | TECNOGLASS INC | BHCVTN5 | 77.83 | 29,683 | 2,310,227.89 |
| 4.64 | GEB CB | GRUPO ENERGIA BO | B3V65K2 | 0.59 | 2,890,280 | 1,707,513.65 |
| 4.63 | CEMARGOS CB | CEMENTOS ARGOS SA | B89Z692 | 2.12 | 803,638 | 1,704,778.32 |
| 4.46 | GRUPOARG CB | GRUPO ARGOS SA | B8SGSP6 | 4.36 | 376,860 | 1,641,866.77 |
| 4.36 | PFGRUPSU CB | Grupo de Inversiones Sura | B4ZRC96 | 5.20 | 308,965 | 1,605,415.70 |
| 3.72 | PFDAVVND CB | Banco Davivienda SA | B4KC973 | 4.28 | 320,410 | 1,371,081.90 |
| 3.67 | PFAVAL CB | PFAVAL | B66Y3W0 | 0.10 | 12,981,704 | 1,350,271.33 |
| 3.47 | CORFICOL CB | CORFICOLOMBIANA | B000C92 | 3.56 | 359,056 | 1,277,648.20 |
| 3.46 | CELSIA CB | CELSIA SA ESP | BJ0K875 | 0.83 | 1,532,010 | 1,273,748.35 |
| 3.22 | GPRK | GEOPARK LTD | B244PB7 | 8.27 | 143,179 | 1,184,090.33 |
| 3.00 | BEPC CN | BROOKFIELD-A | BMXWR83 | 31.82 | 34,667 | 1,103,080.45 |
| 2.74 | TIGO SS | MILLICOM INT-SDR | B00L2M8 | 26.20 | 38,569 | 1,010,350.65 |
| 2.38 | COPEC CI | EMPRESAS COPEC SA | 2196026 | 6.23 | 140,529 | 874,979.88 |
| 2.35 | ENELAM CI | ENEL AMERICAS SA | 2299453 | 0.09 | 9,621,815 | 865,060.27 |
| 2.24 | PXT CN | PAREX RESOURCES INC | B575D14 | 10.78 | 76,556 | 824,977.01 |
| 1.21 | CNE CN | CANACOL ENERGY LTD | BL6BVJ9 | 2.92 | 152,627 | 445,378.66 |
| 0.45 | PFGRUPOA CB | Grupo Argos SA/Colombia | B8JBYR4 | 3.15 | 52,191 | 164,285.49 |
| 0.18 | CASH | 1.00 | 66,636 | 66,636.38 | ||
| 0.03 | OTHER PAYABLE & RECEIVABLES | 1.00 | 10,719 | 10,718.73 | ||
| 0.00 | COLOMBIAN PESO | 0.00 | 4,570,516 | 1,042.53 | ||
| 0.00 | CHILEAN PESO | 0.00 | -2 | 0.00 | ||
| 0.00 | CANADIAN DOLLAR | 0.50 | 0 | -0.01 |
| Sector | Weight (%) | |
|---|---|---|
| Financials | 39.4 | |
| Utilities | 23.5 | |
| Energy | 16.4 | |
| Materials | 15.3 | |
| Communication Services | 3.0 | |
| Industrials | 2.5 |
| Industry | Weight (%) | |
|---|---|---|
| Banks | 31.4 | |
| Utilities | 23.6 | |
| Energy | 16.4 | |
| Materials | 14.9 | |
| Financial Services | 8.1 | |
| Telecommunication Services | 3.0 | |
| Capital Goods | 2.5 | |
| Other | 0.1 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
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 maybe subject to higher volatility. GXG is non-diversified.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. 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 or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.