Key stats
About Global X MSCI Portugal ETF
Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.61%
Home page
Inception date
Nov 12, 2013
Index tracked
MSCI All Portugal Plus 25-50
Management style
Passive
ISIN
US37950E1929
PGAL is one of the first ETFs targeting the Portuguese market, and a pure-play one at that, investing in companies that are economically tied to Portugal. The fund primarily invests at least 80% of its assets in the component securities of the underlying index and also in depositary receipts based on such securities. PGALs index imposes diversification requirements that limit concentration, but despite these limits, PGAL is still a good proxy for the broad Portuguese market. Prior to December 6, 2016, the fund traded as the Global X FTSE Portugal 20 ETF and tracked the FTSE Portugal 20 Index.
Classification
Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Utilities
Process Industries
Retail Trade
Stock breakdown by region
