GREECE is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the MSCI All Greece Select 25/50 Index. It offers exposure to Greek equities across various sectors.
Description: The Global X MSCI Greece ETF (ticker: GREECE) is an exchange-traded fund launched by Global X Management Company LLC. The fund aims to track the MSCI All Greece Select 25/50 Index, which is a free float-adjusted market capitalization weighted index designed to measure the performance of the Greek equity market. The index includes large, mid, and small-cap companies listed on the Athens Stock Exchange. The ETF provides investors with a convenient way to gain diversified exposure to the Greek economy, which is heavily influenced by sectors such as shipping, tourism, banking, and energy. Greece has a rich history as a maritime nation and is a key player in the global shipping industry. The fund was established in 2011, following the Greek debt crisis, offering investors a tool to participate in the country's economic recovery and growth. The ETF is listed on the NYSE Arca and has an expense ratio of 0.95%.
