NEW YORK, Aug. 23, 2012 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today announced that the Global X SuperDividend™ ETF (Ticker: SDIV) has reached $100 million in assets, shortly after the one-year mark. According to IndexUniverse, August 2012, SDIV was the highest yielding dividend ETF.* It 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 sectors and countries, many on hard-to-access foreign exchanges.
"While there are numerous dividend-producing ETFs in the market, SDIV is one-of-a-kind," said Oren Guzman from Lifetime Financial Group. "The Global X SuperDividend ETF is a well-diversified, non-leveraged product that has the highest dividend yield*, and has shown lower volatility than comparable dividend ETFs."
"The Global X SuperDividend ETF, with over $100 million in assets and a 30-day average daily volume of over 100,000 shares, has been one of the fastest growing products by inflows over the last year," said Bruno del Ama, chief executive officer of Global X 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 $1.2 billion in managed assets and over 100,000 investors from more than 100 countries as of August 15, 2012, Global X Funds currently offers exchange-traded funds that target Commodity Producers, International, Domestic, Alternatives, Industry, Income, and Asset Allocation fund suites. For more information, please visit www.globalxfunds.com.
To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that capital gains distributions will not be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.
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. Narrowly focused investments may be subject to higher volatility. Diversification does not prevent all investment losses. 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. Increasing dividend yield may be indicative of decreasing value of the underlying holdings.
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.
*Index Universe, August 2012. Out of 29 equity ETFs screened by high dividend yield, SDIV had the highest 12-month yield.
**SDIV is in the top 10% of new ETF product launches since 2011 both by AUM and volume according to Bloomberg data, 8/6/12.
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.
SOURCE Global X Funds