Global X FTSE Southeast Asia ETF (ASEA)
| Assets | $58.74M |
| Expense Ratio | 0.65% |
| PE Ratio | 15.28 |
| Shares Out | 3.53M |
| Dividend (ttm) | $0.62 |
| Dividend Yield | 3.66% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Ratio | 56.54% |
| 1-Year Return | +12.85% |
| Volume | 18,035 |
| Open | 16.84 |
| Previous Close | 16.87 |
| Day's Range | 16.61 - 16.84 |
| 52-Week Low | 14.36 |
| 52-Week High | 18.04 |
| Beta | 0.73 |
| Holdings | 43 |
| Inception Date | Feb 17, 2011 |
About ASEA
Fund Home PageThe Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE/ASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is issued by Global X.
Top 10 Holdings
58.29% of assets| Name | Symbol | Weight |
|---|---|---|
| DBS Group Holdings Ltd | D05 | 13.41% |
| Oversea-Chinese Banking Corporation Limited | O39 | 9.08% |
| PT Bank Central Asia Tbk | BBCA | 7.37% |
| United Overseas Bank Limited | U11 | 6.95% |
| PT Bank Rakyat Indonesia (Persero) Tbk | BBRI | 4.03% |
| PT Bank Mandiri (Persero) Tbk | BMRI | 3.72% |
| Singapore Telecommunications Limited | Z74 | 3.71% |
| Malayan Banking Berhad | MAYBANK | 3.69% |
| CIMB Group Holdings Berhad | CIMB | 3.21% |
| Public Bank Berhad | PBBANK | 3.13% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.332 | Jul 5, 2024 |
| Dec 28, 2023 | $0.285 | Jan 8, 2024 |
| Jun 29, 2023 | $0.282 | Jul 10, 2023 |
| Dec 29, 2022 | $0.156 | Jan 9, 2023 |
| Jun 29, 2022 | $0.177 | Jul 8, 2022 |
| Dec 30, 2021 | $0.437 | Jan 7, 2022 |
News
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 e...
ASEAN Economic Outlook In 2024
The total nominal GDP of the ten ASEAN nations measured in US dollar terms amounted to USD 3.6 trillion in 2022, more than doubling compared with total GDP of USD 1.6 trillion in 2009. Singapore's GDP...
Asia Continues To Fuel Global Growth, But Economic Momentum Is Slowing
The region is likely to see faster disinflation, but prospects for growth in coming years are dimming. Strong consumer spending has supported growth in Asia's three largest economies this year, but th...
ASEA: China Down, But It's Not All Doom And Gloom For Southeast Asia
The growth and inflation outlook for Southeast Asia continues to diverge from the developed world. An ongoing external slowdown, particularly in China, is a major overhang, though it also pushes ASEAN...
ASEA: A Low-Cost Vehicle To Ride The Multi-Pronged Southeast Asian Growth Story
The financials-heavy ASEA ETF offers investors low-cost access to the Southeast Asian region. While capital appreciation has been sluggish over the last decade, the outlook for the next decade is a lo...
Global ETF Market Facts: 3 Things To Know From Q1 2023
Most ETF trading activity occurs in the secondary market, where ETF shares change hands between buyers and sellers. March 2023 saw a number of shocks to global financial markets, including bank bailou...
ASEA: The Dragon Next Door Keeps This Fund From Delivering On Its Promise
Global X FTSE Southeast Asia ETF (ASEA) tracks an index of the 40 largest stocks from Southeast Asia. Actions in China greatly dictate the rise and fall of this fund.
Asian Exports Are Softening
Non-China Asian exports are still growing, but the pace of increase has slowed and will slow still further as key export destinations struggle with inflation, energy security, and rising recession ris...
Asia's Economies Face Weakening Growth, Rising Inflation Pressures
A multifaced response, including increasing interest rates, is needed to prevent an upward spiral of price expectations and rising capital outflows. China, Asia's largest economy, saw a significant de...
ASEAN Manufacturing Rebounds In October, RCEP Ratification Boosts Longer-Term Economic Outlook
The ASEAN region has shown a strong rebound in manufacturing output during October. As a result of the severe negative impact of the COVID-19 pandemic and widespread lockdowns and travel bans, many AS...
Asia And The Reflation Trade
A lot has been written about the possible impact of rising US Treasury yields on equities and other risk assets. But what about bond markets in Asia?
The Future Of Asia: What A Difference A Year Can Make
In the pandemic's aftermath, many countries will have to contend with high public and private debt burdens-possibly too large for some to manage. Many-especially emerging and developing economies-are ...
Philippine Stocks Reclaim Pre-COVID High After Rate Cut
Philippine stocks rocketed to a nine-month high after a shock interest rate cut. Gain exposure to the country's stocks with these ETFs.
