NEW YORK, Aug. 24, 2011 /PRNewswire/ -- Global X Funds, the New York based provider of exchange traded funds, today announced the partnership with Dorsey Wright & Associates (DWA), an independent registered investment advisory firm. The ETF provider is pairing up with DWA to market the Global Opportunities portfolio, a global portfolio based off of relative strength.
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Dorsey Wright's relative strength methodology has long been a vehicle for advisors utilizing ETFs. Global X Funds passively managed ETFs, broken down into Developed Markets, Emerging Markets, Commodity Producers, Income Producers and Special Opportunities fund suites, will be selectively available in the portfolio.
"Dorsey Wright's expertise in relative strength and technical analysis provides an additional resource to our investors' portfolio allocation tactics," said Bruno del Ama, chief executive officer of Global X Funds.
"We are rarely interested in timing precise tops and bottoms in a market, but are very interested in finding the strongest of performance trends within an asset class, and staying with them. We feel our relative strength-based approach is as adept a means for identifying such trends as exists today, and when applied in a disciplined fashion can help investors get the most out of a dynamic fund lineup such as Global X's," said Tom Dorsey, President Dorsey, Wright & Associates.
ABOUT DORSEY WRIGHT AND ASSOCIATES
DWA is an independent and privately-owned registered investment advisory firm whose business includes two areas: professional management and investment research services for numerous broker-dealers and large institutions around the world. The cornerstone of its investment strategy is technical analysis. The firm has provided technical research for more than 20 years. To learn more about DWA, please visit www.dorseywright.com.
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 $1.7 billion in managed assets as of July 31, 2011, Global X Funds currently offers exchange-traded funds that target Developed Markets, Emerging Markets, Commodity Producers, Income Producers and Special Opportunities fund suites. For more information, please visit www.globalxfunds.com
DISCLOSURE
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. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.
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.
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
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