Global X FTSE Southeast Asia ETF logo

Global X FTSE Southeast Asia ETF (ASEA)

Market Closed
17 Jul, 20:00
ARCA ARCA
$
20. 90
-0.21
-0.9948%
$
92.6M Market Cap
1.33% Div Yield
14,600 Volume
$ 21.11
Previous Close
Investors:
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Day Range
20.86 21.07
Year Range
16.3 21.11
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ASEA: Southeast Asia Poised To Outperform

ASEA: Southeast Asia Poised To Outperform

The Global X Southeast Asia ETF (ASEA) invests in large, liquid equities in Southeast Asia, with a 3.2% dividend yield and $60 million AUM. ASEA tracks the FTSE Asean 40 Index, focusing on major companies in Singapore, Malaysia, the Philippines, Indonesia, and Thailand. A significant downside is the lack of diversification, with the top 5 companies comprising over 40% of total assets, increasing volatility.

Seekingalpha | 1 year ago
Why Southeast Asia? And Why ASEA?

Why Southeast Asia? And Why ASEA?

After experiencing GDP growth of 4.2% in 2023, the Association of Southeast Asian Nations' growth rate is forecast to accelerate to 4.6% and 4.8% in 2024 and 2025, respectively. The region's diverse economies, demographic dividend, and improving education and labor force participation offer significant opportunities for investors across multiple sectors and countries. Structural changes like nearshoring and market-friendly reforms are enhancing ASEAN's attractiveness as a manufacturing hub and investment destination, benefiting from lower bond yields.

Seekingalpha | 1 year ago