Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today launched the Global X SuperDividend® Emerging Markets ETF (NYSEARCA:SDEM) on the NYSE Arca and the Global X SuperDividend® REIT ETF (NYSEARCA:SRET) on the NASDAQ Stock Exchange.
Both funds come as a result of strong investor interest in Global X’s ‘Super Family’ of income-focused ETFs. The growing suite with over $1.5 billion in assets includes the Global X SuperDividend® (SDIV), Global X SuperDividend® U.S. (DIV) and the Global X SuperIncome Preferred (SPFF) ETFs. The two new funds are designed to include more focused exposure to high dividend payers by specific geography and asset class type. The funds utilize variants of the ‘Super’ methodology, created to access the highest yielding dividend payers in each segment.
SDEM provides exposure to 50 of the highest dividend paying equities in the emerging markets. Eligible countries include Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Russia, South Africa, Thailand, Turkey, and United Arab Emirates. To qualify as a holding, dividends must have been paid consistently in each of the last two years.
SRET will access 30 of the highest dividend yielding REITs in the world with features to reduce volatility. The index screens for the 60 highest yielding REITs, but then selects the 30 that demonstrated the lowest recent volatility.
“At a time of continued low interest rates, income-seekers are in need of alternative sources for yield,” said Bruno del Ama, chief executive officer of Global X Funds. “Investors have come to rely on Global X’s SuperDividend® Family of ETFs to deliver innovative solutions for income.”
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.