Global X Funds, the New York-based provider of exchange- traded funds (ETFs), today launched the Global X SuperDividend ETF (NYSE:SDIV). SDIV 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 countries and sectors.
The Global X SuperDividend™ ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend Index. The index tracks the performance of 100 equally weighted companies that rank among the highest dividend yielding equity securities in the world. The index provider applies certain dividend stability filters. With equal weighting across a diverse group of 100 securities, investors may have less risk exposure in the event that a single company depreciates in price or reduces its dividend.
SDIV offers investors exposure to a broad group of industries: REITs (22%), Consumer Discretionary (16%), Telecommunications (16%), Financial Services (10%), Utilities (8%), Banks (5%), Consumer Staples (5%), Energy (5%), Industrials (5%), Insurance (3%), Technology (3%), and Healthcare (2%). Investors in the fund may also stand to benefit from global diversification, which includes international issuer and currency exposure in the US (32%), Australia (24%), Great Britain (10%), Canada (6%), and Singapore (4%), among others.
“In an environment where people are seeking monthly income, the SuperDividend™ ETF offers convenient access to 100 high yielding companies around the globe through one security,” said Bruno del Ama, chief executive officer of Global X Funds. “We are very proud of bringing to market our most innovative addition to our suite of income generating 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 $1.7 billion in managed assets as of May 31, 2011, it is one of the fastest growing ETF providers in the world. Global X Funds currently offers exchange-traded funds that target Income, Commodity Producers, Developed Markets, Emerging Markets, and Special Opportunities fund suites. For more information, please visit www.globalxfunds.com
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. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments may be subject to higher volatility. 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.
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.
Structured Solutions AG Indexes have been licensed for use by Global X Management Company, LLC. Global X Funds are not sponsored, endorsed, issued, sold, or promoted by Structured Solutions AG, nor does this company make any representations regarding the advisability of investing in the Global X Funds.
Index data source: Structured Solutions AG. Index components subject to change.