S&P World ex Australia GARP ETF - Global X ETFs - Australia
Australia
Search

GARP

S&P World ex Australia GARP ETF

Invest in GARP Request Research
Overview Performance Holdings & Characteristics Research Documents Announcements FAQs

Reasons to Consider GARP

High Growth at Fair Value

Exposure to companies with robust earnings growth and solid financial strength trading at reasonable valuations.

Broad Global Diversification

Gain diversified exposure to 250 companies spread across multiple countries and sectors.

Disciplined, Low-Cost Approach

Access a strategy balancing both growth and value investing, with potential outperformance over a broad global share market at a competitive management fee.

Product Information As of 17 Jan 2025

Inception Date 24 Sep 2024
Management Costs (% p.a.) 0.30
Currency Hedged No
Domicile Australia
Legal Form Managed Investment Scheme
SMSF Eligible Yes

NAV Information As of 17 Jan 2025

NAV/Unit (A$) 11.92830000
Currency (NAV) AUD
Shares Outstanding 750,000
AUM (A$) 8,946,208.46
NAV History File View

Product Summary

GARP provides access to global companies with strong earnings growth, solid financial strength, and trading at reasonable valuations. These characteristics are common when describing stocks that meet the definition of an investing strategy known as Growth at a Reasonable Price (GARP).

Product Objective

The Global X S&P World ex Australia GARP ETF seeks to provide investors with a return that (before fees and expenses) tracks the performance of the S&P World Ex-Australia GARP Index.

Trading Details

Ticker GARP
Bloomberg Code GARP AU Equity
ISIN AU0000350209
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Management (AUS) Limited
Custodian The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Registrar Computershare Investor Services Pty Limited
Trustee Global X Management (AUS) Limited

Benchmark Information

Benchmark S&P World Ex-Australia GARP Index
Provider S&P Dow Jones Indices, LLC
Ticker SPWHGPAN

Distributions As of 31 Dec 2024

12-Month Yield 0.00%
12-Month Franking Level 0.00%
Distribution Frequency Semi-Annually
Distribution History View

Performance Table As of 17 Jan 2025

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 1.73% 1.78% -0.05% 0.03%
3 Months 16.39% 16.53% -0.15% 0.05%
1 Year -- -- -- --
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception 19.28% 19.46% -0.18% 0.09%

Top Holdings As of 20 Jan 2025

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
5.12 BERKSHIRE HATH-B 2073390 467.95 609 458,170
4.99 NVIDIA CORP 2379504 137.71 2,016 446,340
4.98 ALPHABET INC-C BYY88Y7 197.55 1,402 445,282
4.89 META PLATFORMS-A B7TL820 612.77 444 437,411
4.83 MICROSOFT CORP 2588173 429.03 626 431,789
3.96 EXXON MOBIL CORP 2326618 112.32 1,960 353,934
2.89 VISA INC-CLASS A B2PZN04 319.62 504 258,985
2.46 MASTERCARD INC-A B121557 524.70 261 220,172
2.45 CHEVRON CORP 2838555 161.47 843 218,841
1.90 ASML HOLDING NV B929F46 739.10 139 170,140
1.56 SHELL PLC BP6MXD8 27.21 2,613 139,430
1.52 UBER TECHNOLOGIE BK6N347 67.34 1,253 135,654
1.51 CONOCOPHILLIPS 2685717 105.85 796 135,461
1.50 NETFLIX INC 2857817 858.10 97 133,819
1.36 TJX COS INC 2989301 121.85 623 122,046
1.36 NOVO NORDISK-B BP6KMJ1 575.60 954 121,901
1.29 CATERPILLAR INC 2180201 386.02 186 115,434
1.25 AMERICAN EXPRESS 2026082 312.56 222 111,557
1.09 TOTALENERGIES SE B15C557 57.47 1,025 97,556
1.07 LVMH MOET HENNE 4061412 690.10 84 96,002
1.03 ARISTA NETWORKS BL9XPM3 119.95 480 92,566
0.98 COCA-COLA CO/THE 2206657 62.71 873 88,016
0.96 APOLLO GLOBAL MA BN44JF6 166.99 320 85,911
0.92 EOG RESOURCES 2318024 136.58 376 82,563
0.84 PALO ALTO NETWOR B87ZMX0 177.11 263 74,887
0.80 CAN NATURAL RES 2171573 45.01 1,416 71,150
0.74 ADOBE INC 2008154 429.99 96 66,365
0.69 CHENIERE ENERGY 2654364 252.76 151 61,361
0.62 BBVA 5501906 10.34 3,230 55,284
0.61 UNICREDIT SPA BYMXPS7 42.47 773 54,363
0.57 CHUBB LTD B3BQMF6 269.48 117 50,690
0.55 NXP SEMICONDUCTO B505PN7 215.36 143 49,512
0.55 HERMES INTL 5253973 2,490.00 12 49,485
0.53 VALERO ENERGY 2041364 141.05 209 47,395
0.52 MARATHON PETROLE B3K3L40 152.70 188 46,154
0.50 KLA CORP 2480138 757.47 37 45,059
0.49 ROSS STORES INC 2746711 149.15 183 43,882
0.49 MARSH & MCLENNAN 2567741 215.23 126 43,600
0.48 TRANE TECHNOLOGI BK9ZQ96 389.19 68 42,548
0.47 CHIPOTLE MEXICAN B0X7DZ3 57.52 456 42,169
0.45 UNITED PARCEL-B 2517382 129.73 194 40,462
0.45 PHILLIPS 66 B78C4Y8 120.53 208 40,306
0.44 SUNCOR ENERGY B3NB1P2 56.43 627 39,498
0.44 FORTINET INC B5B2106 94.23 257 38,934
0.42 ELEVANCE HEALTH BSPHGL4 385.29 61 37,786
0.41 CADENCE DESIGN 2302232 305.60 75 36,849
0.41 PACCAR INC 2665861 110.33 207 36,718
0.41 PROSUS NV BJDS7L3 35.09 624 36,262
0.39 DELTA AIR LI B1W9D46 65.82 330 34,921
0.39 APPLOVIN CO-CL A BMV3LG4 342.34 63 34,674
0.37 INDITEX BP9DL90 49.38 408 33,366
0.37 AMPHENOL CORP-A 2145084 69.42 295 32,924
0.37 COMPASS GROUP BD6K457 26.75 625 32,792
0.37 PAYPAL HOLDINGS BYW36M8 91.81 222 32,768
0.36 UNITED RENTALS 2134781 771.00 26 32,228
0.35 DISCOVER FINANCI B1YLC43 187.18 105 31,598
0.34 DBS GROUP HLDGS 6175203 43.85 600 30,954
0.34 CSX CORP 2160753 32.73 576 30,309
0.33 ADYEN NV BZ1HM42 1,494.60 12 29,703
0.33 L'OREAL 4057808 343.45 52 29,577
0.32 REGENERON PHARM 2730190 681.58 26 28,490
0.32 DIAMONDBACK ENER B7Y8YR3 180.18 98 28,388
0.31 MITSUBISHI CORP 6596785 2,454.50 1,068 26,994
0.30 NUCOR CORP 2651086 124.53 136 27,228
0.30 SCHLUMBERGER LTD 2779201 43.58 386 27,045
0.30 CINTAS CORP 2197137 198.31 84 26,781
0.30 FAIRFAX FINL HLD 2566351 1,995.56 12 26,733
0.29 INVESTOR AB-B BMV7PQ4 312.90 580 26,179
0.29 AMERIPRISE FINAN B0J7D57 552.19 29 25,745
0.28 GENERAL MOTORS C B665KZ5 50.97 307 25,157
0.28 WW GRAINGER INC 2380863 1,113.60 14 25,065
0.28 3I GROUP PLC B1YW440 37.46 335 24,614
0.27 LULULEMON ATH B23FN39 373.70 40 24,032
0.27 MITSUI & CO 6597302 3,002.00 775 23,958
0.26 AIRBNB INC-A BMGYYH4 135.12 106 23,027
0.25 ARCH CAPITAL GRP 2740542 95.51 148 22,726
0.25 AMADEUS IT GROUP B3MSM28 67.66 201 22,523
0.25 GARTNER INC 2372763 515.70 27 22,386
0.25 OCBC BANK B0F9V20 17.12 1,100 22,156
0.24 FERRARI NV BD6G507 424.30 31 21,783
0.24 UNITED OVERSEAS 6916781 37.03 500 21,783
0.24 PUBLIC STORAGE 2852533 296.07 45 21,420
0.24 TRAVELERS COS IN 2769503 239.52 55 21,179
0.24 COPART INC 2208073 56.90 231 21,132
0.23 SAINT GOBAIN 7380482 86.58 143 20,504
0.22 CUMMINS INC 2240202 366.34 34 20,025
0.22 SWISS RE AG B545MG5 135.85 82 19,600
0.22 ALIMEN COUCHE BL56KN2 76.78 226 19,371
0.20 OLD DOMINION FRT 2656423 189.55 60 18,285
0.20 OCCIDENTAL PETE 2655408 51.97 218 18,215
0.20 MONOLITHIC POWER B01Z7J1 625.82 18 18,111
0.20 LENNAR CORP-A 2511920 141.54 79 17,977
0.20 CHOCOLADEFABR-PC 5962280 10,170.00 1 17,894
0.20 STELLANTIS NV BMD8KX7 12.55 849 17,646
0.20 DR HORTON INC 2250687 147.65 74 17,566
0.19 STEEL DYNAMICS 2849472 125.83 85 17,195
0.19 COTERRA ENERGY I 2162340 29.47 357 16,914
0.19 EQUINOR ASA 7133608 285.60 418 16,835
0.18 ASM INTL NV 5165294 622.20 16 16,487
0.18 ON SEMICONDUCTOR 2583576 54.63 184 16,161
0.18 ENGIE B0C2CQ3 16.08 606 16,138
0.18 EDWARDS LIFE 2567116 69.78 142 15,930
0.18 MERCEDES-BENZ GR 5529027 55.09 174 15,875
0.18 ATLAS COPCO-A BLDBN41 186.25 585 15,717
0.17 CENOVUS ENERGY B57FG04 21.77 637 15,481
0.17 DAIMLER TRUCK HO BP6VLQ4 38.77 241 15,474
0.17 RESMED INC 2732903 239.78 40 15,420
0.17 DEVON ENERGY CO 2480677 37.95 250 15,253
0.17 VOLVO AB-B B1QH830 288.00 365 15,164
0.17 MONSTER BEVERAGE BZ07BW4 49.42 189 15,017
0.17 AENA SME SA BVRZ8L1 200.20 45 14,920
0.17 MARTIN MAR MTLS 2572079 542.56 17 14,829
0.16 PULTEGROUP INC 2708841 117.03 78 14,676
0.16 HALLIBURTON CO 2405302 29.90 303 14,565
0.16 FERGUSON ENTERPR BS6VHW3 177.55 51 14,558
0.16 ULTA BEAUTY INC B28TS42 405.01 22 14,325
0.15 HARTFORD FINL SV 2476193 111.93 76 13,676
0.15 BUILDERS FIRSTSO B0BV2M7 164.12 51 13,457
0.15 NVR INC 2637785 8,362.86 1 13,445
0.15 GENUINE PARTS CO 2367480 118.52 70 13,338
0.15 CENTENE CORP 2807061 62.25 133 13,311
0.15 NIPPON STEEL COR 6642569 3,060.00 419 13,203
0.15 PEMBINA PIPELINE B4PT2P8 54.21 216 13,072
0.14 M&T BANK CORP 2340168 196.76 41 12,970
0.14 SAMPO OYJ-A SHS BMXX645 40.01 192 12,722
0.14 VICI PROPERTIES BYWH073 29.35 265 12,504
0.14 IDEXX LABS 2459202 419.26 18 12,133
0.13 DOLLARAMA INC B4TP9G2 133.34 79 11,760
0.13 PARTNERS GROUP J B119QG0 1,327.00 5 11,674
0.13 BRIDGESTONE CORP 6132101 5,232.00 215 11,584
0.13 TRACTOR SUPPLY 2900335 53.66 133 11,474
0.13 MARKEL GROUP INC 2566436 1,774.07 4 11,409
0.13 DARDEN RESTAURAN 2289874 181.75 39 11,396
0.13 RENESAS ELECTRON 6635677 1,998.50 551 11,339
0.13 ARCHER-DANIELS 2047317 51.29 137 11,297
0.12 EVOLUTION AB BJXSCH4 832.60 91 10,929
0.12 ERSTE GROUP BANK 5289837 60.64 108 10,846
0.12 IMPERIAL OIL 2454241 98.86 97 10,705
0.12 DELEK GROUP LTD 6219640 548.50 43 10,641
0.12 REPSOL SA 5669354 11.63 543 10,454
0.12 VODAFONE GROUP BH4HKS3 0.70 7,564 10,323
0.12 COMMERZBANK B90LKT4 17.57 354 10,298
0.12 ICL GROUP LTD 6455530 20.64 1,101 10,252
0.12 KOMATSU LTD 6496584 4,260.00 233 10,221
0.12 ISRAEL CORP LTD 6889678 1,070.00 21 10,137
0.11 AKER BP ASA B1L95G3 256.50 280 10,128
0.11 REGIONS FINANCIA B01R311 24.20 259 10,077
0.11 ARC RESOURCES LT B6463M8 26.52 335 9,918
0.11 JARDINE CYCLE & 6242260 28.08 300 9,911
0.11 CENTRAL JAPAN RL 6183552 2,778.00 346 9,898
0.11 MITSUBISHI MOTOR 6598446 468.70 2,041 9,851
0.11 INPEX CORP B10RB15 1,971.00 485 9,844
0.11 BANK HAPOALIM 6075808 47.00 464 9,839
0.11 MONCLER SPA BGLP232 57.52 103 9,812
0.11 FIBI BANK 6123815 194.00 112 9,803
0.11 SANRIO CO LTD 6776349 5,080.00 187 9,782
0.11 WEST PHARMACEUT 2950482 336.34 18 9,733
0.11 FIBI HOLD 6339429 203.50 106 9,732
0.11 BANCA MEDIOLANUM BYWP840 12.58 467 9,729
0.11 KBC GROUP 4497749 73.16 80 9,693
0.11 SCREEN HOLDINGS 6251028 10,685.00 88 9,683
0.11 CATHAY PAC AIR 6179755 10.40 4,498 9,662
0.11 TOWER SEMICONDCT 6320605 187.80 114 9,659
0.11 BAYCURRENT INC BYP20B9 5,892.00 159 9,647
0.11 ISRAEL DISCOUN-A 6451271 26.46 808 9,645
0.11 VAR ENERGI ASA BPLF0Y2 38.25 1,786 9,634
0.11 BANK LEUMI LE-IS 6076425 45.55 468 9,617
0.11 VOLKSWAGEN-PREF 5497168 93.42 62 9,592
0.11 MIZRAHI TEFAHOT 6916703 169.80 125 9,576
0.11 CHRISTIAN DIOR 4061393 640.00 9 9,539
0.11 INTL CONS AIRLIN B5M6XQ7 3.18 1,531 9,534
0.11 CAIXABANK SA B283W97 5.56 1,030 9,477
0.11 FINECOBANK SPA BNGN9Z1 17.93 318 9,440
0.11 WISE PLC - A BL9YR75 10.27 468 9,427
0.10 STMICROELECTRONI 5962343 24.66 230 9,393
0.10 TOURMALINE OIL C B3QJ0H8 67.13 125 9,368
0.10 APTIV PLC BTDN8H1 61.16 95 9,341
0.10 BMW AG 5756029 77.10 73 9,321
0.10 OMV AG 4651459 39.50 142 9,289
0.10 BOUYGUES SA 4002121 30.03 186 9,250
0.10 HAFNIA LTD BSY3S84 62.70 1,043 9,222
0.10 SUMITOMO CORP 6858946 3,210.00 278 9,189
0.10 TOROMONT INDS 2897103 115.27 71 9,136
0.10 MAZDA MOTOR 6900308 1,012.00 876 9,129
0.10 SWIRE PACIFIC-A 6867748 70.15 629 9,114
0.10 RAIFFEISEN BANK B0704T9 20.84 264 9,112
0.10 GALP ENERGIA B1FW751 17.28 318 9,098
0.10 VERBUND AG 4661607 73.10 75 9,080
0.10 TENARIS SA BMHVLR3 18.97 289 9,079
0.10 SUBARU CORP 6356406 2,570.50 343 9,079
0.10 LYONDELLBASELL-A B3SPXZ3 77.30 73 9,072
0.10 PORSCHE AUTO-PRF 7101069 36.52 150 9,072
0.10 INDUSTRIVARDEN-C B1VSK54 371.90 169 9,066
0.10 CHECK POINT SOFT 2181334 187.87 30 9,061
0.10 SONOVA HOLDING A 7156036 302.60 17 9,051
0.10 MICHELIN BPBPJ01 32.91 166 9,047
0.10 CENTRICA PLC B033F22 1.36 3,387 9,032
0.10 AIB GROUP PLC BF0L353 5.47 996 9,023
0.10 SANKYO CO/ 6775432 2,089.50 419 9,016
0.10 BANK OF IRELAND BD1RP61 9.10 598 9,012
0.10 HEIDELBERG MATER 5120679 129.55 42 9,011
0.10 IDEMITSU KOSAN C B1FF8P7 1,037.50 841 8,985
0.10 AKER SOLUTIONS A BQN1C50 31.60 2,016 8,984
0.10 JERONIMO MARTINS B1Y1SQ7 19.03 285 8,982
0.10 AKER ASA-A SHARE B02R4D9 584.00 109 8,977
0.10 SINGAPORE AIRLIN 6811734 6.35 1,200 8,965
0.10 RYANAIR HLDGS BYTBXV3 18.22 297 8,959
0.10 ROLLINS INC 2747305 48.43 115 8,954
0.10 NATURGY ENERGY 5650422 23.72 227 8,917
0.10 RWE AG 4768962 29.35 183 8,895
0.10 SOJITZ CORP 6594143 3,122.00 273 8,777
0.10 KEISEI ELEC RAIL 6487425 1,397.00 610 8,775
0.10 MOLINA HEALTHCAR 2212706 286.21 19 8,743
0.10 ADDTECH AB-B SH BLN8T44 307.60 197 8,741
0.10 METSO CORP B1FN8X9 9.06 582 8,734
0.10 YAMATO KOGYO 6985446 7,436.00 114 8,729
0.10 HITACHI CONST MA 6429405 3,544.00 239 8,722
0.10 JFE HOLDINGS INC 6543792 1,719.00 491 8,692
0.10 GENTING SINGAPOR BDRTVP2 0.75 9,900 8,677
0.10 KURARAY CO LTD 6497662 2,253.00 374 8,677
0.10 ISUZU MOTORS 6467104 2,055.00 410 8,676
0.10 CHOW TAI FOOK JE B4R39F7 6.77 6,196 8,664
0.10 EXOR NV BMJ1825 91.75 57 8,661
0.10 USS CO LTD 6171494 1,340.00 626 8,638
0.10 SOCIONEXT INC BMTVX75 2,502.00 335 8,631
0.10 SEMBCORP INDUS B08X163 5.63 1,300 8,611
0.10 ADMIRAL GROUP B02J639 26.44 166 8,609
0.10 KINGSPAN GROUP 4491235 68.85 75 8,552
0.10 EVN AG 4295374 22.75 226 8,515
0.10 ODDITY TECH LTD BM9HHR1 44.87 118 8,512
0.10 SEADRILL LIMITED BNTBRX6 37.52 141 8,505
0.10 LASERTEC CORP 6506267 14,615.00 55 8,277
0.09 UOL GROUP LTD 6916844 5.13 1,400 8,450
0.09 HERSHEY CO/THE 2422806 152.87 34 8,356
0.09 ENN ENERGY 6333937 53.65 754 8,355
0.09 YAMAHA MOTOR CO 6985264 1,286.00 630 8,343
0.09 AUTO TRADER BVYVFW2 7.94 535 8,328
0.09 NEXT PLC 3208986 93.54 45 8,256
0.09 CORP AMERICA AIR BD45SN0 18.33 277 8,163
0.09 INMODE LTD BK5Z9R9 16.79 302 8,152
0.09 ANA HOLDINGS INC 6014908 2,747.50 288 8,148
0.09 TRATON SE BKF1H51 27.80 175 8,057
0.09 ASSOC BRIT FOODS 0673123 20.12 201 7,932
0.09 SCHIBSTED ASA-A 4790534 330.40 169 7,874
0.09 GALAXY ENTERTAIN 6465874 31.50 1,208 7,859
0.09 RAKUS CO LTD BD87BM2 1,712.00 445 7,845
0.09 SSAB-B B17H3F6 44.25 1,216 7,762
0.09 WALLENIUS WILHEL B55WMQ5 87.80 618 7,652
0.08 HAPAG-LLOYD AG BYZTSW7 131.00 35 7,593
0.08 AP MOLLER-B 4253048 10,360.00 3 6,900
Holdings are subject to change.

Sector Breakdown As of 20 Jan 2025

Sector Weight (%)
Financials 21.6
Information Technology 18.6
Energy 18.4
Communication Services 11.7
Industrials 10.9
Consumer Discretionary 10.4
Health Care 3.1
Consumer Staples 2.4
Materials 1.6
Utilities 0.9
Real Estate 0.5

Country Breakdown As of 20 Jan 2025

Country Weight (%)
United States 68.5
France 3.8
Netherlands 3.7
Japan 3.5
Britain 3.0
Canada 2.9
Spain 1.7
Denmark 1.4
Singapore 1.4
Israel 1.4
Switzerland 1.3
Other/Cash 7.4

Research

Introducing the Global X S&P World ex Australia GARP ETF (ASX: GARP)

Read More

X-Plained: What is GARP Investing?

Read More

The Investment Case for GARP

Read More

Documents

FAQs

  • What is GARP investing?

    GARP stands for Growth at a Reasonable Price. It’s an investment strategy that aims to strike a balance between growth and value investing. Growth investing involves investing in companies with strong revenue and earnings growth. While value invests in companies that are trading cheaply to their intrinsic value. Often these two areas of investing are like a pendulum, switching between the other. GARP is a uniquely positioned strategy that sits at the intersection of both, enabling investors to find companies with strong growth characteristics that aren’t considered too expensive relative to their growth.

  • What filters does GARP use to find companies?

    GARP employs a robust rules-based methodology to invest in companies based on three different styles/factors:

    • Growth - looking for companies with strong revenue and earnings growth. This refers to companies not only growing their sales over time but also their profits.
    • Value - looking for companies that are trading relatively cheaply compared to their intrinsic value. A common ratio used is the Price to Earnings Ratio (called the PE Ratio) which is a simple way to measure what investors are willing to pay for a company’s earnings. A lower PE ratio indicates the company could potentially be undervalued.
    • Quality - looking for companies that have solid financial strength and good fundamentals. This includes companies with low levels of debt (referred to as leverage) and high returns on equity (which effectively shows how the company is using shareholder money to generate profits).
    While investors can individually search for leading growth stocks, it can be time-consuming and challenging, especially with frequent stock rotation. Outsourcing this process to a systematic rules-based index ETF like GARP offers advantages, including saving time and effort while ensuring consistent exposure to high-quality growth companies.

  • How many companies does GARP invest in and does it pay dividends?

    GARP invests in the leading 250 global companies that exhibit GARP characteristics. Each company’s weight in the portfolio is calculated by multiplying its Float Market Capitalisation (i.e. its size) by its Growth score, with a maximum security weight of 5% and sector cap of 40% at each semi-annual rebalance date. Although GARP companies typically prioritise growth over dividends, the GARP ETF aims to provide semi-annual distributions.

  • Why is ‘Quality’ included as a factor in GARP?

    Valuation and profitability are crucial for identifying growth opportunities. GARP aims to capture growth at reasonable valuations while also emphasising company fundamentals like profitability and leverage. Historically, quality has been a strong contributing factor in identifying growth companies.1

    1. S&P Dow Jones

  • How does GARP fit into a diversified portfolio?

    GARP can play a valuable role in a diversified portfolio, particularly as a core allocation to global equities. It can also complement or blend with an existing broad global equity ETF, offering a balanced approach by combining both growth and value stocks, with the potential for outperformance. This blend helps smooth out performance across different market cycles, as growth and value stocks tend to perform differently depending on the environment. GARP can also serve as a potential replacement for active growth managers for investors looking for a lower-cost alternative while still maintaining a strong growth strategy with a long-term focus.

  • What are some of the potential risks of investing in GARP?

    GARP investing may pose some risk, as the market cycle can impact the performance of GARP stocks. During periods of extreme market optimism, high-growth stocks may outperform, potentially leaving GARP investors with relatively modest gains. Expensive stocks may keep getting more expensive if multiple expansion continues. Conversely, in a downturn, the value component of GARP can provide some downside protection, but it may not be as defensive as pure value stocks or defensive assets.

Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

Back to Top