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Security Profile
- Security Type
- Index ETF
- CUSIP
- 37950E366
- Market Cap
- Small Cap · $255 Million
- IPO
- 12/7/2011
- Previous Name
- Global X FTSE Greece 20 ETF
Fund Description: Global X MSCI Greece ETF, formerly Global X FTSE Greece 20 ETF, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Global X Funds, an investment management company. INVESTMENT OBJECTIVE: The Global X MSCI Greece ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Greece Select 25/50 Index, formerly FTSE/ATHEX 20 Capped Index. INDEX DESCRIPTION: The MSCI All Greece Select 25/50 Index is designed to reflect broad-based equity market performance in Greece, as defined by MSCI, Inc., the Index Provider who also determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index. FUND STRATEGY: The Fund will invest at least 80% of its total assets in the securities of the Index and in ADRs and GDRs based on the securities in the Index. A passive or indexing approach is used to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to beat the Index and does not seek temporary defensive positions when markets decline or appear overvalued. A replication strategy is used which is an indexing strategy that involves investing in the securities of the Index in approximately the same proportions as in the Index. However, the Fund may utilize a representative sampling strategy with respect to the Index when a replication strategy might be detrimental to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to follow the Index, in instances in which a security in the Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Index. FUND MANAGEMENT: Global X Management Company LLC. serves as the Investment Adviser to the Fund.
Company Contact
- Headquarters
- 600 Lexington Ave, 20th Floor, New York, NY 10022
- Phone
- 212-644-6110 · Toll-Free 888-493-8631
- Investor Relations
- 888-493-8631 · info@globalxfunds.com