Global X Funds to Liquidate China Bond ETF

NEW YORK, April 4, 2016 /PRNewswire/ -- Global X Funds, the New York-based exchange-traded funds provider, today announced the scheduled liquidation of the Global X GF China Bond ETF (NYSE Arca: CHNB).

Shareholders may sell their holdings in the fund prior to the end of the trading day on Monday, April 18, 2016 and customary brokerage charges may apply to these transactions. The Fund will cease trading at the end of the trading day on Monday, April 18, 2016. Effective immediately, the Fund no longer will accept creation orders. The Fund will liquidate on or around Monday, May 2, 2016. Any person holding shares in the Fund as of the liquidation date will receive a cash distribution equal to the net asset value of their shares as of that date. Global X Management Company LLC, the adviser to the Fund, will bear all fees and expenses that may be incurred in connection with the liquidation of the Fund and the distribution of cash proceeds to investors, other than brokerage fees and other related expenses. The Fund represents less than 1% of the assets of Global X Funds.

ABOUT GLOBAL X

Seeking to provide access to high-quality and cost-efficient investment solutions, Global X is a New York-based sponsor of exchange-traded funds (ETFs).  Founded in 2008, we are distinguished by our smart core, income, alpha, risk management and access suites of ETFs and have more than 40 funds available across U.S. and foreign exchanges. Global X is recognized as a leader in developing intelligent investment solutions for our clients.

DISCLOSURE

Investing involves risk, including possible loss of principal. International investments may involve risk of unfavorable fluctuation in currency values, differences in generally accepted accounting principles, or economic or political instability in other nations. The Fund is non-diversified. Because the Fund's investments are concentrated in Chinese bonds that are concentrated in the financials sector, the Fund will be susceptible to loss due to adverse occurrences affecting this country and sector.

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.

Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange.

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SOURCE Global X Funds