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PAK ETF

Profile

Name:

Global X MSCI Pakistan ETF

Assets under management:

$30 M

Expense ratio:

0.80%

Inception date:

22 April 2015

Website:

http://www.globalxetfs.com

Last ex-dividend date:

28 December 2023

Next ex-dividend date:

N/A

Description:

The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to represent the performance of the broad Pakistan equity universe. The fund is non-diversified.

Top holdings

Name
Weight
HUB POWER COMPANY(HUBC PA)
10.78 %
ENGRO CORPORATION LTD(ENGRO PA)
8.20 %
LUCKY CEMENT(LUCK PA)
7.24 %
ENGRO FERTILIZERS LTD(EFERT PA)
5.31 %
OIL & GAS DEVELO(OGDC PA)
5.13 %
HABIB BANK LTD(HBL PA)
5.02 %
MILLAT TRACTORS LTD(MTL PA)
4.43 %
FAUJI FERTILIZER(FFC PA)
4.30 %
MCB BANK LTD(MCB PA)
4.27 %
UNITED BANK LTD(UBL PA)
3.99 %

Holding types

Countries

No data

Sectors

No data

Analyst ratings

Market Data

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Price All-time High

$76.20
PAK price is currently at an all-time high

Dividend

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Last Paid Dividend

$0.65
PAK dividend per share is $0.65
PAK: Near-Term Catalysts, Buy
PAK: Near-Term Catalysts, Buy
PAK: Near-Term Catalysts, Buy
PAK
Seeking Alpha17 August 2023

Pakistan's stock market is currently one of the cheapest in the world, offering potential for growth. The market has faced setbacks but has room to run based on local currency returns. Pakistan's public debt and inflation are challenges, but the market still trades at a discount compared to other high-risk markets.

PAK: Structural Issues In Pakistan Continue Despite IMF Bailout
PAK: Structural Issues In Pakistan Continue Despite IMF Bailout
PAK: Structural Issues In Pakistan Continue Despite IMF Bailout
PAK
Seeking Alpha10 July 2023

Pakistan's economy, which is heavily reliant on debt, is facing issues such as high inflation and a weakening currency. The country's debt to GDP is high and increasing, and its GDP has been contracting since 2018. Political instability in Pakistan has also contributed to the country's economic problems. No Prime Minister in Pakistan's history has served a full term, and recent social unrest has further destabilized the country. Pakistan is now on its 22nd IMF loan, and the IMF has demanded an interest rate hike from the central bank.

FAQ

  • What is PAK ETF?
  • Does PAK pay dividends?
  • What stocks are in PAK ETF?
  • What is the current assets under management for PAK?
  • What is PAK average volume?
  • What is PAK expense ratio?
  • What is PAK inception date?

What is PAK ETF?

The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to represent the performance of the broad Pakistan equity universe. The fund is non-diversified.

Does PAK pay dividends?

Yes, the Global X MSCI Pakistan ETF does pays dividends, with the most recent payment being $0.65 per share. The last ex-dividend date was on 28 December 2023, and the next ex-dividend date has not been announced yet

What stocks are in PAK ETF?

As of today, Global X MSCI Pakistan ETF inlcudes 37 holdings with the most weighted are HUB POWER COMPANY (10.78%), ENGRO CORPORATION LTD (8.2%) and LUCKY CEMENT (7.24%)

What is the current assets under management for PAK?

Assets under management of Global X MSCI Pakistan ETF is $30 M

What is PAK average volume?

Average volume of Global X MSCI Pakistan ETF is $14 K

What is PAK expense ratio?

Expense ratio of Global X MSCI Pakistan ETF is 0.80%

What is PAK inception date?

Inception date of Global X MSCI Pakistan ETF is 22 April 2015