Nasdaq Lists The Global X SuperDividend(R) Alternatives ETF
14 July 2015 - 11:15PM
One Stop Alternative Income Solution Offers
Investors High Income Potential and Lower Volatility
NEW YORK, July 14, 2015 (GLOBE NEWSWIRE) -- Nasdaq
announced that Global X Funds will list a new exchange-traded fund
(ETF), the Global X SuperDividend® Alternatives
ETF (Symbol: ALTY), which will begin trading on The Nasdaq Stock
Market Tuesday, July 14, 2015.
"After a six-year bull market and the looming
threat of rising interest rates, investors are increasingly looking
for investment opportunities outside of the traditional equity and
fixed income asset classes," said Jay Jacobs, Research Analyst at
Global X Funds. "We are excited to offer an alternatives-based
solution that can potentially generate high portfolio income while
diversifying potential sources of returns."
ALTY seeks to provide investors with access to a
variety of alternative income generating assets, including MLPs
& Infrastructure, Real Estate, Institutional Managers, and
Fixed Income & Derivative Strategies. The fund's index
methodology selects among the highest dividend yielding securities
in each category of alternatives to increase the fund's income
potential. Alternatives are generally known for lower volatility
compared to equities. ALTY's methodology aims to further reduce
volatility through its selection and weighting of components. By
combining a variety of alternative investments into one ETF, ALTY
strives to solve investors' decisions as to which alternatives to
consider for their income portfolio and how to allocate among
them.
"We are delighted that Global X has once again
chosen Nasdaq as the listing venue for their new ETF," said Jeff
McCarthy, Vice President, Head of ETP Listings at Nasdaq. "Global X
continues to bring dynamic and innovative products to market and
their selection of Nasdaq is an example of how asset managers
continue to see value in Nasdaq as a listing venue dedicated to
supporting ETFs."
Nasdaq operates an efficient platform for
successfully introducing a product suite into one of the single
largest pools of liquidity, including market participants which
represent a full spectrum of investors. ETF issuers benefit from an
end-to-end solution that provides ongoing product support including
index licensing, listings opportunities, data offerings and trading
services. As the home to some of the world's most innovative
ventures, Nasdaq generates opportunities for issuers to access new
markets and deliver new concepts that change the way the industry
develops, manages and applies ETFs.
About Global X
Funds:
Global X is a New York-based sponsor of
exchange-traded funds (ETFs), offering access to investment
opportunities across global markets. Founded in 2008, Global X is
recognized by individual and institutional investors for its suite
of income, international, commodity and alternative funds. With
over 40 funds available across U.S. and foreign exchanges, Global X
is one of the fastest growing issuers of ETFs. For more
information, please visit www.globalxfunds.com.
About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading provider of
trading, clearing, exchange technology, listing, information and
public company services across six continents. Through its diverse
portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven
technologies that provide transparency and insight for navigating
today's global capital markets. As the creator of the world's first
electronic stock market, its technology powers more than 70
marketplaces in 50 countries, and 1 in 10 of the world's securities
transactions. Nasdaq is home to more than 3,500 listed companies
with a market value of approximately $9.5 trillion and more than
10,000 corporate clients. To learn more, visit: nasdaq.com/ambition
or business.nasdaq.com.
Cautionary Note Regarding
Forward-Looking Statements
The matters described herein
contain forward-looking statements that are made under the Safe
Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements include, but are not limited to,
statements about Nasdaq and its products and offerings. We caution
that these statements are not guarantees of future performance.
Actual results may differ materially from those expressed or
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limited to factors detailed in Nasdaq's annual report on Form 10-K,
and periodic reports filed with the U.S. Securities and Exchange
Commission. We undertake no obligation to release any revisions to
any forward-looking statements.
Nothing contained herein should be construed as
investment advice from Nasdaq, either on behalf of a particular
financial product or an overall investment strategy. Nasdaq makes
no recommendation to buy or sell any financial product or any
representation about the financial condition of any company or
fund. Investors should undertake their own due diligence and
carefully evaluate financial products before investing. ADVICE FROM
A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
NDAQG
CONTACT: Global X Funds Media Contact:
Hod Klein
(212) 704-7385 (direct)
hod@dukaspr.com
Nasdaq Media Contact:
Alexa Sugrue
+1 (212) 231-5552 (office)
+1 (646) 577-3157 (mobile)
Alexa.Sugrue@nasdaq.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: The NASDAQ OMX Group, Inc. via Globenewswire
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