Global X MSCI Pakistan ETF
PAK
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Global X MSCI Pakistan ETF (PAK) is an exchange-traded fund that provided investors with targeted exposure to the Pakistani equity market by tracking the MSCI All Pakistan Select 25/50 Index through a full replication technique. The fund invested at least 80% of its total assets in securities comprising the underlying index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) of Pakistani companies across diversified sectors such as growth and value stocks of varying market capitalizations; it focused on the broad Pakistan equity universe without diversification constraints. Launched on April 22, 2015, and domiciled in the United States with administrative operations in Wilmington, Delaware, the ETF catered to investors seeking emerging and frontier market opportunities in Pakistan. The ETF operated primarily in the exchange-traded funds segment of the asset management industry, targeting institutional and retail investors interested in Pakistan's public equity markets. Its holdings spanned companies operating across multiple sectors in Pakistan, with geographic exposure concentrated in that country. In a significant operational change, Global X Management Company LLC announced the liquidation of the Global X MSCI Pakistan ETF, along with 18 other underperforming funds representing less than 1% of Global X ETFs' total assets, effective on or around February 23, 2024, following a Board of Trustees decision on January 19, 2024. Trading ceased on February 16, 2024, with shareholders receiving cash distributions equal to the net asset value of their shares, and Global X bearing all associated fees and expenses. This closure reflected a strategic review of the product lineup to align with evolving client needs, rendering the ETF inactive as of early 2024.