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Security Profile
- Security Type
- Index ETF
- CUSIP
- 37950E549
- Market Cap
- Micro Cap · $2 Million
- IPO
- 5/8/2011
Fund Description: Global X SuperDividend ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Global X Funds, an open-end investment management company. INVESTMENT OBJECTIVE: The Global X SuperDividend ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend Index. INDEX DESCRIPTION: The Solactive Global SuperDividend Index tracks the performance of 100 equally weighted companies that rank among the highest dividend yielding equity securities in the world, as defined by Structured Solutions AG, the Index Provider. FUND STRATEGY: The Fund will invest at least 80% of its total assets in the securities of the Index and in 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. The Fund will use a replication 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
- 623 Fifth Avenue, 15th Floor, New York, NY 10022
- Phone
- 212-644-6440 · Toll-Free 888-493-8631
- Investor Relations
- 888-493-8631 · info@globalxfunds.com