Global X Funds Announces Index Change For Its MLP ETF
NEW YORK, March 26, 2015 /PRNewswire/ -- Global X Funds, the New York based provider of exchange traded funds (ETFs), has announced that after the close of trading on March 31, 2015, the Global X MLP ETF (NYSE Arca: MLPA) will begin tracking the Solactive MLP Infrastructure Index. The Solactive MLP Infrastructure Index is intended to give investors a means of tracking the overall performance of United States midstream master limited partnerships (MLPs). The Solactive MLP Infrastructure Index comprises MLPs engaged in the transportation, storage and processing of natural resources. MLPA currently has over $150 million in assets under management and will retain its name. Information regarding the index can be found at www.solactive.com.
Current |
New |
|
ETF Name |
Global X MLP ETF |
Global X MLP ETF |
Index |
Solactive MLP Composite Index |
Solactive MLP Infrastructure Index |
ABOUT GLOBAL X FUNDS
Global X is a New York-based sponsor of exchange-traded funds (ETFs), offering access to investment opportunities across global markets. Founded in 2008, Global X is recognized by individual and institutional investors for its suite of income, international, commodity and alternative funds. With over 40 funds available across U.S. and foreign exchanges, Global X is one of the fastest growing issuers of ETFs. For more information, please visit www.globalxfunds.com.
DISCLOSURE
Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Investments in securities of MLPs involve risk that differ from investments in common stock including risks related to limited control and limited rights to vote on matters affecting the MLP. MLP common units and other equity securities can be affected by macro-economic and other factors affecting the stock market in general, expectations of interest rates, investor sentiment towards MLPs or the energy sector, changes in a particular issuer's financial condition, or unfavorable or unanticipated poor performance of a particular issuer (in the case of MLPs, generally measured in terms of distributable cash flow). The MLP fund invests in the energy industry, which entails significant risk and volatility. The fund is non-diversified which represents a heightened risk to investors. Furthermore, the fund invests in small and mid-capitalization companies, which pose greater risks than large companies. The Fund also pays distributions, which are generally treated as a return of capital for tax purposes rather than from net profits and shareholders should not assume that the source of distributions is from the net profits of the fund.
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's 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.
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. Solactive Indexes have been licensed by Structured Solutions AG for use by Global X Management Company, LLC. Global X Funds are not sponsored, endorsed, issued, sold, or promoted by Structured Solutions AG nor does this company make any representations regarding the advisability of investing in the Global X Funds.
SOURCE Global X Funds
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