Global X Pakistan ETF Overview and Investment Information

The Global X Pakistan ETF is an exchange-traded fund that provides investors with a unique way to gain exposure to the Pakistani market.

The fund tracks the Solactive Pakistan Total Market Index, which includes a diversified portfolio of Pakistani stocks.

This index is designed to represent the performance of the Pakistani stock market, making it a great option for investors looking to tap into the country's growing economy.

The fund has a management fee of 0.65%, which is relatively low compared to other international ETFs.

September's volatility has been a challenge for equity markets, with more exchange-traded funds (ETFs) losing value than gaining it.

Historically, September has been a difficult period for equity markets, and this year was no exception. The Pentagon's decision to cancel $300M in aid to Pakistan over perceived failure to take action against terrorism is a significant development.

Pakistan's currency has taken a hit, tumbling 7% to PKR134 to the dollar overnight after the nation's finance minister announced his government would approach the IMF for a bailout.

The IMF bailout is likely a response to the country's economic struggles, which have been exacerbated by the cancellation of aid from the Pentagon.

Pakistan's central bank has made a move to reduce its dependence on the US dollar for trade, a shift that may help the country navigate its economic challenges.

Here are some key events that have impacted the Global X MSCI Pakistan ETF:

Historically, September has been a volatile and difficult period for equity markets, with this year being no exception.

Pakistan's currency tumbled 7% to PKR134 to the dollar overnight after the nation's finance minister, Asad Umar, announced his government would approach the IMF for a bailout.

The Pentagon has made a final decision to cancel $300M in aid to Pakistan that had been suspended over Islamabad's perceived failure to take decisive action against terrorism.

Pakistan's central bank has taken a significant step by ditching the dollar for trade, just 24 hours after President Trump took aim at Pakistan on Twitter.

Here are some key points to consider:

In the concentration analysis of the Global X MSCI Pakistan ETF, we can see that the fund has a significant concentration of holdings in a few large companies. The fund's net assets are 24.7 million, which is a relatively small amount compared to the category high of 5.98 billion.

The fund has 34 holdings, which is a moderate number compared to the category high of 873 holdings. However, it's worth noting that the fund's holdings are concentrated in the top 10, with 17.2 million in net assets, which is 81.61% of the fund's total net assets.

Here's a breakdown of the fund's concentration in the top 10 holdings:

This high concentration in the top 10 holdings may indicate a higher risk for the fund, as a decline in the value of these holdings could have a significant impact on the fund's overall performance.

The Global X MSCI Pakistan ETF was formed on April 22, 2015.

Global X Funds - Global X MSCI Pakistan ETF is an exchange traded fund launched and managed by Global X Management Company LLC.

Here are some key details about the fund:

The Global X MSCI Pakistan ETF is a fund that's no longer in operation, having gone out of business as of February 23, 2024. It was launched and managed by Global X Management Company LLC.

This ETF invested in public equity markets of Pakistan, focusing on stocks from various sectors. It sought to track the performance of the MSCI All Pakistan Select 25/50 Index.

The fund was formed on April 22, 2015, and was domiciled in the United States.

The Global X MSCI Pakistan ETF is a great option for investors looking to tap into the Pakistani market.

The legal name of this ETF is Global X MSCI Pakistan ETF.

This fund is part of the Global X Funds family, which has a proven track record of innovation in the ETF space.

The Global X MSCI Pakistan ETF was launched on April 22, 2015, marking the beginning of its journey in the market.

As of now, there are 872,285 shares outstanding, giving investors a chance to participate in the fund's growth.

The currency in which the shares are denominated is USD, making it accessible to international investors.

The fund is domiciled in the US, ensuring compliance with local regulations and investor protection.

The manager of this fund is Nam To, who brings expertise and experience to the table.

The Global X Pakistan ETF has a performance since inception of -54.83%. This is a significant decline, but let's break down the performance metrics to understand the ETF's behavior.

The ETF's high 1 year return is 18.24%, which is a notable gain. However, this is contrasted by a maximum loss of 12.52% in the same period.

In terms of risk, the ETF's beta 1 year is 0.93, indicating a relatively low level of risk. This is further supported by a tracking error 1 year of 4.13, which shows the ETF's performance is closely tied to its benchmark.

The ETF's R-Squared (R²) 1 year is 98.57, indicating a very strong correlation with its benchmark. This suggests that the ETF's performance is largely driven by the underlying market.

Here are some key performance metrics for the Global X Pakistan ETF:

The ETF's trailing return 1 year is 40.83%, which is a significant gain. However, this is contrasted by a trailing return 5 years of -8.97%, indicating a more nuanced performance over the long term.

The Global X MSCI Pakistan ETF holds a diverse portfolio of Pakistani stocks, with the top 10 holdings making up a significant portion of the fund. The top 10 holdings are: HUB POWER COMPANY COMMON STOCK (10.37%), ENGRO CORPORATION LTD COMMON STOCK (8.57%), LUCKY CEMENT COMMON STOCK (6.84%), OIL GAS DEVELOPMENT CO LTD COMMON STOCK (5.32%), HABIB BANK LTD COMMON STOCK (5.22%), ENGRO FERTILIZERS LTD COMMON STOCK (5.18%), MCB BANK LTD COMMON STOCK (4.71%), FAUJI FERTILIZER COMPANY LTD COMMON STOCK (4.58%), UNITED BANK LTD COMMON STOCK (4.57%), and MILLAT TRACTORS LTD COMMON STOCK (4.42%).

The fund's holdings are frequently updated, with the most recent data showing significant price changes for some of the top holdings. For example, HUB POWER COMPANY LIMITED saw a 11.41% price change from its average price, while ENGRO CORPORATION LIMITED saw a 59.48% price change.

Here is a breakdown of the top 10 holdings as of the most recent update:

The Top 10 Holdings of the Global X MSCI Pakistan ETF are a fascinating topic. HUB POWER COMPANY COMMON STOCK holds the first spot with a 10.37% share.

The top 5 holdings are dominated by the energy and finance sectors. ENGRO CORPORATION LTD COMMON STOCK comes in second with 8.57% of the total holdings.

LUCKY CEMENT COMMON STOCK takes the third spot with a 6.84% share, followed closely by OIL GAS DEVELOPMENT CO LTD COMMON STOCK with 5.32%.

HABIB BANK LTD COMMON STOCK and ENGRO FERTILIZERS LTD COMMON STOCK tie for fifth place with 5.22% and 5.18% shares respectively.

Here are the top 10 holdings of the Global X MSCI Pakistan ETF:

The Global X MSCI Pakistan ETF - USD has a diverse portfolio of stocks from various sectors in Pakistan. The fund invests in growth and value stocks of companies across different market capitalization.

The top holdings in the fund are Hub Power Company Limited, Engro Corporation Limited, Lucky Cement Limited, Oil and Gas Development Company Limited, and Habib Bank Limited. These companies are among the largest in Pakistan and have a significant impact on the country's economy.

Here is a breakdown of the top holdings in the fund:

Each of these companies has a significant presence in the Pakistani market, and their stocks are among the most widely held in the fund. The fund's holdings are subject to change, but these companies have been consistently among the top holdings in the past.

The fund's performance is also influenced by the performance of these companies, which can have a significant impact on the overall value of the fund.

The Global X Pakistan ETF has had a volatile performance since its inception, with a return of -54.83%. This is a significant drop, and it's essential to consider the long-term implications of such a decline.

In the past year, the ETF has reached a high of 18.24%, but this is not a consistent trend. In fact, the maximum loss in the past year was -12.52%. This highlights the importance of diversification and risk management in investing.

The ETF's alpha, which measures its excess return relative to the market, has been negative over the past year, coming in at -4.50%. This suggests that the ETF has not outperformed the market, and investors may want to consider alternative options.

Here are some key statistics on the ETF's performance:

In terms of ranking, the ETF's total return in 2024 was 18.5%, which placed it at 35.63% in its category. This is a relatively strong performance, but it's essential to consider the broader market trends and the ETF's long-term prospects.