PGALGlobal X MSCI Portugal ETF
PGAL Fund Description
The Global X MSCI Portugal ETF tracks a market-cap-selected and -weighted index of Portuguese companies, subject to diversification requirements.
PGAL Factset Analytics Insight
PGAL is one of the first ETFs targeting the Portuguese market, and the only pure-play Portugal ETF. Portugal is a small market, dominated by a few major players, so it's no surprise that the fund is highly concentrated. PGAL’s index imposes diversification requirements that limit concentration. Despite these limits, PGAL is still a good proxy for the broad Portuguese market. PGAL mostly loads up on midcaps, and utilities make up the largest chunk of the fund. While PGAL’s fee is fairly high, it is reasonable in the context of accessing a small and less liquid market. As a standard practice for accessing small international markets, use care trading the fund.
PGAL changed its name from Global X FTSE Portugal 20 ETF to Global X MSCI Portugal ETF on 12/6/2016. It also changed its underlying index from the FTSE Portugal 20 Index to the MSCI All Portugal Plus 25/50 Index.
PGAL MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 24, 2018 the Global X MSCI Portugal ETF MSCI ESG Fund Quality Score is 7.81 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. PGAL ranks in the 98th percentile within its peer group and in the 100th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
PGAL CHARTS AND PERFORMANCE
PGAL Top 10 Countries
PGAL Top 10 Sectors
PGAL Top 10 Holdings [View All]
PGAL Summary Data
PGAL Portfolio Data
PGAL Index Data
PGAL Portfolio Management
PGAL Tax Exposures
PGAL Fund Structure
PGAL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PGAL. PGAL is rated a 1 out of 5.
PGAL Sector/Industry Breakdown
PGAL TOP 10 HOLDINGS[View All]
PGAL Economic Development
PGAL Performance Statistics
PGAL MSCI ESG Ratings
PGAL BENCHMARK COMPARISON SUMMARY
PGAL BENCHMARK COMPARISON MARKET CAP SIZE