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Security Profile
- Security Type
- Index ETF
- CUSIP
- 37950E127
- Market Cap
- Micro Cap · $2 Million
- IPO
- 3/16/2015
Fund Description: Global X SuperDividend REIT 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 REIT ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend REIT Index. INDEX DESCRIPTION: The Solactive Global SuperDividend REIT Index tracks the performance of REITs that rank among the highest yielding REITs globally, as determined by Solactive AG, the Index Provider. The Index Provider screens the highest yielding REITs to exclude REITs that have historically exhibited the highest volatility, as determined by the Index Provider. FUND STRATEGY: A passive or indexing approach is used by the Fund's advisor 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 invests at least 80% of its total assets in the securities of the Index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the Index. Moreover, at least 80% of the Fund’s total assets will be invested in securities of Real Estate Investment Trusts (REITS). The Fund generally will use a replication strategy 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 will serve as the Fund's Investment Adviser.
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