PEMX

Putnam Emerging Markets ex-China ETF

$66.61
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Putnam Emerging Markets ex-China ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Putnam Emerging Markets ex-China Index.

Overview

ETF tracking Putnam Emerging Markets ex-China ETF

Issuer Other
Inception Date 2023-05-18
Market Cap $16.7M
Average Volume N/A
Dividend Yield 3.86%
52-Week Range $46.12 - $68.18
VWAP $66.58

Performance

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Investment Summary

📎 Investment Objective

The Putnam Emerging Markets ex-China ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Putnam Emerging Markets ex-China Index.

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the Putnam Emerging Markets ex-China Index, which is designed to provide exposure to emerging market countries excluding China. The fund may invest in both equity and fixed income securities to seek to track the index performance.

✨ Key Features

  • Provides exposure to emerging market countries excluding China
  • Seeks to track the performance of the Putnam Emerging Markets ex-China Index
  • Diversified portfolio of equity and fixed income securities
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Emerging markets risk: Investments in emerging market countries are subject to greater volatility and risk than investments in developed markets
  • Currency risk: The fund's returns could be reduced by currency exchange rate fluctuations
  • Liquidity risk: The fund may have difficulty buying or selling certain securities, which could adversely impact performance
  • Tracking error risk: The fund may not perfectly track the underlying index

👤 Best For

This ETF may be suitable for investors seeking broad exposure to emerging markets outside of China as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance and a long-term investment horizon.