A list of Central Asia ETFs covering countries such as Mongolia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan consisted of the Global X Central Asia & Mongolia Index ETF (NYSEARCA: AZIA) from Global X which tracked the Solactive Central Asia & Mongolia Index. However and in 2015, Global X announced it would discontinue the Global X Central Asia & Mongolia Index ETF which had provided exposure to 21 Central Asia stocks that derive revenues or are traded in Mongolia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan or Uzbekistan. The ETF proved unpopular with just $2.6 million of assets accumulated in over two years of launch while issues in the Chinese economy and the commodity market crash also weighed it down.
It should added that although the capital markets in many Central Asian countries are underdeveloped, the region has benefited significantly from land that is rich in natural resources (e.g. oil, copper, gold, silver, coal, uranium and cotton) with China being a key destination for exported natural resources. There have also been heavy investments to develop the region’s energy and transportation infrastructure.
Aside from ETFs, investors interested in investing in Central Asia should check out our Kazakhstan ADR list page.
Central Asia ETF List*
|ETF||Ticker||Mgr / Advisor||Asset Class||Inception||Tracking Index|
|1||Global X Central Asia & Mongolia Index ETF||AZIA||Global X||Equities - EM||2013/04/02 - 2015 Liquidated||Solactive Central Asia & Mongolia Index|
* EmergingMarketSkeptic.com provides useful information that should not constitute investment advice or a recommendation to invest. In addition, your use of any content is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the content. Read More
Note: If there are any exchange-traded funds (ETFs) to add or remove from this list or if there are bad links, please write a note in the comments section so it can be fixed. Likewise, adding any other comments or advice would also be appreciated.