Global X ETFs Announces Product Updates

NEW YORK, Jan. 24, 2025 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), has a diverse product lineup across its Thematic Growth, Income, International Access, Core, and Commodity suites. The firm offers over 90 widely accessible ETF solutions, empowering investors to pursue their financial goals and driving $8.6 billion of net inflows in 2024.¹

As we evolve our platform and launch new strategies, we constantly monitor and evaluate the regulatory and economic environment as well as disruptive themes to ensure we are meeting investor objectives. Today, Global X ETFs announced the scheduled liquidation of the following ETFs (the "Funds").

Global X Management Company LLC ("Global X") is the adviser to the largest thematic issuer in the world². The firm continues to grow its ETF platform, surpassing $50 billion in assets under management (AUM) in 2024.³ This includes $1 billion in AUM across its fixed income⁴ and $13.1 billion in AUM for its covered call ETF suites⁵, reflecting a significant foothold in the space, and the firm remains committed to bringing differentiated new products to market. The funds being liquidated represent less than 0.1% of the firm's assets.

Based upon the recommendation of Global X, the Global X Funds' adviser, the Board of Trustees determined on January 24, 2025, that it was in the best interests of the Funds and their shareholders to liquidate each of the Funds.

Shareholders may sell their holdings in the Funds prior to the end of the trading day on Friday, February 14, 2025, and customary brokerage charges may apply to these transactions. The Funds will cease trading at the end of the trading day on Friday, February 14, 2025. The Funds are expected to liquidate on or around Friday, February 21, 2025. Any person holding shares in the Funds as of the liquidation date will receive a cash distribution equal to the net asset value of their shares as of that date. Customary brokerage charges may apply in the event of final liquidation. Global X will bear fees and expenses that may be incurred in connection with the liquidation of the Funds and the distribution of cash proceeds to investors, other than brokerage fees and other related expenses.

About Global X ETFs 

Global X ETFs was founded in 2008. For more than fifteen years, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features a wide range of ETF strategies and over $55 billion in assets under management.⁶ While we are distinguished for our Thematic Growth, Income and International Access ETFs, we also offer Core, Commodity, and Risk Management funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.

Global X ETFs is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $600 billion in assets under management worldwide⁷. Mirae Asset has an extensive global ETF platform ranging across the US, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam.

Important Information

Investing involves risk, including the possible loss of principal. The investable universe of companies in which the Funds invest may be limited. Narrowly focused investments will be more susceptible to factors affecting that sector and subject to more volatility. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, 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.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Carefully consider the funds' investment objectives, risks, and charges and expenses. This and other information can be found in the fund's full or summary prospectuses, which may be obtained at globalxetfs.com. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X or Mirae Asset Global Investments.

Media Contact:

Ariel Kouvaras, Sloane PR
212-446-1884
[email protected]

¹ Source: Global X ETFs, inflows through 12/31/2024
² Source: Global X ETFs, ETFDB thematic ETF assets by fund, as of 1/1/2025
³ Source: Global X ETFs, assets under management as of 12/31/2024
⁴ Source: Global X ETFs, assets under management of fixed income suite CLIP, LLDR, MLDR, and SLDR as of 12/31/2024
⁵ Source: Global X ETFs, assets under management of covered call suite DYLG, DJIA, RYLD, RYLG, QYLD, QYLG, QYLE, XYLD, XYLG, XYLE, FYLG, HYLG, TYLG, MLPD, QDCC, and EMCC as of 12/31/2024
⁶ Source: Global X ETFs, as of 12/31/2024
⁷ Source: Mirae Asset, as of 12/31/2024

SOURCE Global X Management Company LLC