Global X Debuts Argentina ETF (ARGT)

Global X announced today the launch of the first pure play Argentina ETF, bringing to market another option for accessing South America. The Global X FTSE Argentina 20 ETF (ARGT) will seek to replicate the FTSE Argentina 20 Index, a benchmark that includes the top 20 companies within the investable universe of Argentina-domiciled companies or companies that have substantial revenues or assets in Argentina. “ARGT provides a relatively cost effective way to access the second largest economy in South America, a glaring hole in the existing ETF offerings,” said Bruno del Ama, chief executive officer of Global X Funds. ETF First ARGT is the first ETF to offer pure play exposure to Argentinian equities, and continues a trend of expanding options for investing in South America beyond Brazil. Recent years have seen the introduction of iShares ETFs focusing on Chile (ECH) and Peru (EPU), while Global X has debuted a [...] Click here to read the original article on ETFdb.com. Related Posts: Global X Launches Andean ETF (AND) Top Ten Equity ETFs Of 2010 Emerging Market ETFs: Seven Factors Every Investor Should Consider Chile, The Forgotten South American ETF More Than Just Brazil; Latin America ETFs Surge Ahead