NEW YORK, Aug. 23, 2012 /PRNewswire/ -- Global X
Funds, the New York-based provider
of exchange-traded funds (ETFs), today announced that the Global X
SuperDividend™ ETF (Ticker: SDIV) has reached $100 million in assets, shortly after the
one-year mark. According to IndexUniverse, August 2012, SDIV was the highest yielding
dividend ETF.* It provides exposure to 100 companies worldwide that
rank among the highest dividend yielding equity securities in the
world. It offers exposure to a broad range of sectors and
countries, many on hard-to-access foreign exchanges.
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"While there are numerous dividend-producing ETFs in the market,
SDIV is one-of-a-kind," said Oren
Guzman from Lifetime Financial Group. "The Global X
SuperDividend ETF is a well-diversified, non-leveraged product that
has the highest dividend yield*, and has shown lower volatility
than comparable dividend ETFs."
"The Global X SuperDividend ETF, with over $100 million in assets and a 30-day average daily
volume of over 100,000 shares, has been one of the fastest growing
products by inflows over the last year," said Bruno del Ama, chief executive officer of Global
X Funds. **
ABOUT GLOBAL X FUNDS
Global X Funds is a New
York-based provider of exchange-traded funds that
facilitates access to investment opportunities across the global
markets. With $1.2 billion in managed
assets and over 100,000 investors from more than 100 countries as
of August 15, 2012, Global X Funds
currently offers exchange-traded funds that target Commodity
Producers, International, Domestic, Alternatives, Industry, Income,
and Asset Allocation fund suites. For more information, please
visit www.globalxfunds.com.
DISCLOSURE
To receive a distribution, you must be a registered shareholder
of the fund on the record date. Distributions are paid to
shareholders on the payment date. There is no guarantee that
capital gains distributions will not be made in the future.
Your own trading will also generate tax consequences and
transaction expenses. Past distributions are not indicative of
future distributions. Please consult your tax professional or
financial adviser for more information regarding your tax
situation.
Investing involves risk, including the possible loss of
principal. International investing may involve risk of capital loss
from unfavorable fluctuations in currency values, from differences
in generally accepted accounting principles, or from economic or
political instability in other nations. Narrowly focused
investments may be subject to higher volatility. Diversification
does not prevent all investment losses. High yielding stocks are
often speculative, high risk investments. These companies can be
paying out more than they can support and may reduce their
dividends or stop paying dividends at any time, which could have a
material adverse effect on the stock price of these companies and
the Fund's performance. Increasing dividend yield may be
indicative of decreasing value of the underlying holdings.
Carefully consider the Funds' investment objectives, risk
factors, charges, and expenses before investing. This and
additional information can be found in the Funds' prospectus, which
may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by
visiting www.globalxfunds.com. Read the prospectus carefully before
investing.
*Index Universe, August 2012. Out of 29 equity ETFs
screened by high dividend yield, SDIV had the highest 12-month
yield.
**SDIV is in the top 10% of new ETF product launches since 2011
both by AUM and volume according to Bloomberg data, 8/6/12.
Global X Management Company, LLC serves as an advisor to the
Global X Funds. The Funds are distributed by SEI Investments
Distribution Co., which is not affiliated with Global X Management
Company or any of its affiliates.
SOURCE Global X Funds
