ASEA Profile
The Global X FTSE Southeast Asia ETF (ASEA) operates as an exchange-traded fund designed to mirror the performance of the FTSE/ASEAN 40 Index. Launched on February 17, 2011, by Global X Funds, ASEA offers investors exposure to the economies of Southeast Asia through a diversified portfolio of the region's largest and most liquid stocks. The ETF's underlying index, the FTSE/ASEAN 40 Index, is meticulously constructed to include 40 companies from Singapore, Malaysia, Indonesia, Thailand, and the Philippines, representing a broad spectrum of sectors including finance, telecommunications, consumer goods, and more.
ASEA's investment strategy revolves around tracking the market capitalization-weighted index, ensuring that the ETF reflects the performance of the selected Southeast Asian stocks accurately. By focusing on the region's leading companies, ASEA provides investors with an opportunity to participate in the economic growth and development of Southeast Asia, a region known for its expanding middle class, burgeoning consumer markets, and strategic geographic position in global trade.
Global X Funds, known for its expertise in thematic and international ETFs, manages ASEA with a commitment to delivering transparent and efficient exposure to Southeast Asia's equity markets. The ETF's diversified holdings across multiple countries within the ASEAN region aim to mitigate country-specific risks while offering potential for long-term capital appreciation. ASEA's inclusion of highly liquid stocks enhances investor access to Southeast Asian markets, catering to those seeking diversified emerging market exposure.
As a cornerstone of Global X's suite of international ETF offerings, ASEA underscores the firm's dedication to providing innovative investment solutions that capture the growth potential of dynamic emerging market regions. With its establishment, ASEA has become a pivotal vehicle for investors looking to capitalize on the economic vitality and structural reforms driving Southeast Asia's continued integration into the global economy.
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