GlobalShares Announces A Five-For-One Stock Split For The FTSE Emerging Market ETF (GSR)
Old Mutual Global Shares Trust announced today that its Board has approved a five-for-one stock split of the shares of GlobalShares FTSE Emerging Markets Fund (“the Fund”) shares (NYSE:GSR).
Each shareholder of record at the close of business on February 10th, 2010 will receive four additional shares for every one outstanding share held. The payable date for the additional shares will be February 16th, 2010. Trading will begin on a split-adjusted basis on February 17th, 2010.
The NYSE/Arca ticker symbols will remain GSR for the Fund. The CUSIP number will also remain the same.
The split is designed to make the Fund more accessible to investors. Based on the Fund’s closing share price on January 28th, 2010, the split-adjusted price as of such date would have been $19.73. It is intended that this will increase liquidity.
The Fund seeks investment results that correspond (before fees and expenses) generally to the performance of the equity index called the FTSE Developed ex US Index.
Old Mutual Global Index Trackers (Pty) Limited (the “Adviser”) and Old Mutual Global Index Trackers US a Delaware company and investment advisor to the Old Mutual Global Shares Trust. A registration statement (including prospectus) has been filed with the Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Foreside, any underwriter or dealer participating in the offering will arrange to send you the prospectus if you request by calling toll-free (888)-664-9887. You may also request a copy of the prospectus by accessing www.globalsharesetf.com. Foreside is registered with the SEC as a broker-dealer and is a member of the Financial Industry Regulatory Authority.
Important Risks
This information does not represent an offer to sell securities and it is not soliciting an offer to buy securities. There can be no assurance that the GlobalShares FTSE Emerging Markets Fund shares will achieve their investment objectives. An investment in GlobalShares FTSE Emerging Markets Fund shares involves significant risks, including the risk of loss of substantially all of your investment. There is no guarantee as to the amount of any quarterly distribution or the amount of the final distribution to shareholders. You should review the risk factors in the prospectus prior to investing in GlobalShares FTSE Emerging Markets Fund shares.
GlobalShares FTSE Emerging Markets Fund shares are continuously offered through Authorized Participants and can be bought and sold on NYSE/Arca. There is no guarantee that a market for any GlobalShares FTSE Emerging Markets Fund shares will continue.
Fluctuations in the underlying value of a GlobalShares FTSE Emerging Markets Fund shares and other factors may affect the market price of your investment. An investment in GlobalShares FTSE Emerging Markets Fund shares will not resemble a direct investment in the asset being tracked. The price of the asset being tracked by GlobalShares FTSE Emerging Markets Fund shares may be volatile. It may be difficult to predict whether in the long-term the price of the asset being tracked will reflect a generally upward or downward trend. There are risks associated with investing in a product linked to a benchmark. A substitute price may be used as the reference price of the benchmark asset.
Additional Information about GlobalShares FTSE Emerging Markets Fund shares can be found at www.globalsharesetf.com
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