Global X MSCI Pakistan ETF

Frequently Asked Questions About PAK

What does PAK invest in?

The fund will invest 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.

What is the expense ratio of PAK?

Global X MSCI Pakistan ETF (PAK) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PAK?

Global X MSCI Pakistan ETF (PAK) manages $28.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PAK actively managed or an index fund?

PAK is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PAK's is 0.80%) because there's no security selection cost.

When was PAK launched?

Global X MSCI Pakistan ETF (PAK) launched in April 2015 and is managed by Global X.

How has PAK performed?

PAK's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.