Global X Funds Launches First ETF Focused On Canada’s TSX Venture Exchange (TSXV)

Global X Funds, the New York based provider of exchange traded funds (ETFs), today launched the Global X S&P/TSX Venture 30 Canada ETF (NYSE Arca: TSXV). This is the first ETF globally targeting companies on Canada’s junior exchange, the TSX Venture, for emerging companies.

TSXV provides investors with a wide range of commodity exposure via exploration and junior mining companies listed on the TSX Venture Exchange. The fund also may benefit from continued demand for commodities from fast-growing emerging market countries combined with the quantitative easing policy in the US. These particular companies have low production costs, making them prime acquisition targets for larger companies that are suffering from depleting commodity reserves (NASDAQ 2010).

“We are pleased to provide the first vehicle that easily tracks the S&P/TSX Venture 30 Index,” said Bruno del Ama, CEO of Global X Funds. “Our innovative product allows investors access to a previously difficult to trade, illiquid market.”

The Global X S&P/TSX Venture 30 Canada ETF tracks the S&P/TSX Venture 30 Index, which seeks to measure the performance of 30 of the largest and most liquid securities listed on the TSX Venture Exchange. As of March 14, 2011, the three largest components of the index were Atac Resources Ltd, Canacol Energy Ltd, and Rainy River Resources Ltd.

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 over $1.5 billion in managed assets as of March 1, 2011, it is one of the fastest growing ETF providers in the world with a focus on Global Commodities, Developed and Emerging Markets fund suites. For more information, please visit www.globalxfunds.com.

ABOUT S&P INDICES

S&P Indices, the world’s leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor’s family of indices, which includes the S&P 500, the world’s most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry’s most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

DISCLOSURE

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.

Past performance does not guarantee future results.  Index performance returns do not reflect any management fees, transaction costs or expenses.  Indexes are unmanaged and one cannot invest directly in an index.

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.

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.

S&P Indexes have been licensed for use by Global X Management Company, LLC. Global X Funds are not sponsored, endorsed, issued, sold, or promoted by S&P, nor does this company make any representations regarding the advisability of investing in the Global X Funds.

Index data source: S&P

 RELATED LINKS
http://www.globalxfunds.com

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