Argentina's Strength through Fiscal ResponsibilityArgentina has made some of the hardest fiscal decisions of any country I can remember in my lifetime and with this has come growth and new investment.
We could see a strong bottoming signal from a bit ago of the Lin Reg + RSI indicator with all values below 50 and RSI below 30. Confirmed in the Wil
Key stats
About GLOBAL X MSCI ARGENTINA ETF
Home page
Inception date
Mar 2, 2011
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ARGT is the first ETF to provide exposure to the Argentine equity market. Eligible companies are those across various sectors that are classified in Argentina in accordance to MSCI Global Investable Market Index Methodology. In addition, companies that are listed, headquartered and carry out most of their operations in Argentina are also eligible for index inclusion. The fund is a concentrated portfolio that targets a minimum of 25 securities and 20 issuers at portfolio construction. The underlying index utilizes a capping methodology so that no individual constituent has a weight greater than 25% and the aggregate weight of constituents with over 5% weight in the index are capped at 50% weight of the portfolio. Index rebalancing occurs quarterly. Prior to August 15, 2014, ARGT traded as Global X FTSE Argentina 20 ETF and tracked FTSE Argentina 20 index.
Classification
What's in the fund
Exposure type
Retail Trade
Finance
Utilities
Energy Minerals
Stock breakdown by region
Top 10 holdings
AGRT - ARGENTINA ELECTIONHi, today we are going to talk about AGRT
We observe a D1, some important points. The details are highlighted above.
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ARGT: Argentinian shares bottomed after the Primary electionsIt seems Argentinian stocks have bottomed here for now, after basing for 5 weeks, daily charts show some strength but there's risk going forward after the elections by October 27th. If the next president manages to surprise investors positively, the situation here might improve, and inflation drop d
Point blankI just want to inform my followers of what happened to Argentina's stock market. The return to the Dec 2018 lows did not happen over months. It did not happen over weeks. It did not happen over days. The crux of it happened in a matter of overnight *hours* where the majority could do *nothing*.
ARGT: Trend is upMacri's counter offensive move, in response to Cristina Kirchner's presidential formula strategy was a brilliant one, picking Pichetto as his Vice-President for the upcoming October elections. Pichetto is a man from the Peronist party, but who is not afraid of bipartisan politics in Congress, and wh
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ARGT trades at 1,750.00 MXN today, its price has risen 4.63% in the past 24 hours. Track more dynamics on ARGT price chart.
ARGT net asset value is 1,810.81 today — it's risen 12.36% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ARGT assets under management is 23.14 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ARGT price has risen by 5.64% over the last month, and its yearly performance shows a 105.03% increase. See more dynamics on ARGT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.36% over the last month, showed a 5.14% increase in three-month performance and has increased by 75.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.36% over the last month, showed a 5.14% increase in three-month performance and has increased by 75.82% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ARGT invests in stocks. See more details in our Analysis section.
ARGT expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ARGT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ARGT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ARGT shows the neutral signal. See more of ARGT technicals for a more comprehensive analysis.
Today, ARGT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ARGT shows the neutral signal. See more of ARGT technicals for a more comprehensive analysis.
Yes, ARGT pays dividends to its holders with the dividend yield of 1.25%.
ARGT trades at a premium (2.94%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ARGT shares are issued by Mirae Asset Global Investments Co., Ltd.
ARGT follows the MSCI All Argentina 25/50. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 2, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.