ASEA icon

Global X FTSE Southeast Asia ETF

15.66 USD
-0.08
0.51%
At close Jan 14, 4:00 PM EST
1 day
-0.51%
5 days
-2.37%
1 month
-6.12%
3 months
-9.11%
6 months
2.29%
Year to date
-1.94%
1 year
6.68%
5 years
-3.33%
10 years
1.95%
0
Funds holding %
of 6,815 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

44% more capital invested

Capital invested by funds: $10.5M [Q2] → $15.1M (+$4.6M) [Q3]

11% more funds holding

Funds holding: 18 [Q2] → 20 (+2) [Q3]

4.12% more ownership

Funds ownership: 25.79% [Q2] → 29.92% (+4.12%) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

Research analyst outlook

We haven’t received any recent analyst ratings for ASEA.

Financial journalist opinion

Positive
Seeking Alpha
2 months ago
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.
Why Southeast Asia? And Why ASEA?
Neutral
Seeking Alpha
11 months ago
Asia-Pacific Is Not Just China
While the China macro story of ongoing transition is a headwind to the rest of Asia, there is more to the region's economic health than this.
Neutral
Seeking Alpha
1 year ago
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 growth rate improved to a pace of 2.8% y/y in the fourth quarter of 2023 according to the advance estimate of GDP from the Ministry of Trade and Industry (MTI).
Positive
Zacks Investment Research
1 year ago
Invest in Emerging Asia in 2024 With These ETFs
With moderating inflation levels in most Asian countries and great growth potential in the medium to long term, investing in Emerging Asian countries can prove beneficial.
Charts implemented using Lightweight Charts™