NEW YORK, July 10, 2012 /PRNewswire/ -- Global X Funds, the New York based provider of exchange traded funds, today announced the 12-month yield for the Global X SuperDividend™ ETF (SDIV).
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12-Month Yield |
7.97% |
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30-Day SEC Yield |
8.02% |
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(as of 7/05/12) |
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As of 6/30/12 |
1 Year |
Since Fund |
|||||
NAV |
-8.95% |
-7.73% |
|||||
Market Price |
-9.35% |
-7.48% |
|||||
Index |
-9.83% |
-8.98% |
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Management Fee |
0.58% |
||||||
Acquired Fund Fees * |
0.56% |
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Total Expenses |
1.14% |
Inception date of the Fund is 6/8/11.
* Acquired Fund Fees and Expenses sets forth the Fund's pro rata portion of the cumulative expenses charged by the business development companies ("BDCs") in which the Fund invests. These expenses are estimates for the current fiscal year. The actual Acquired Fund Fees and Expenses will vary with changes in the allocations of the Fund's assets.
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.
The Global X SuperDividend™ ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend™ Index. The index tracks the performance of 100 equally weighted companies that rank among the highest dividend yielding equity securities in the world.
As of July 5, 2012, the Global X SuperDividend ETF, which is diversified across a broad number of industries and geographies, had an annualized volatility of approximately 17.50%.** With equal weighting across a diverse group of 100 securities, investors may have less risk exposure in the event that a single company depreciates in price or reduces its dividend.
"While there are numerous dividend producing ETFs in the market, SDIV is one-of-a-kind," said Bruno del Ama, chief executive officer of Global X Funds. "The unique structure and diversification of SDIV provide a very attractive annual yield at 7.97% with lower volatility than comparable dividend ETFs."
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 June 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
DISCLOSURE
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.
**Volatility was measured using 60 Day Volatility figures from Bloomberg, as of 07/05/2012. 60 Day Volatility is defined as the following: "A measure of the risk of price moves for a security calculated from the standard deviation of day to day logarithmic historical price changes. The 60-day price volatility equals the annualized standard deviation of the relative price change for the 60 most recent trading days closing price, expressed as a percentage." Index Volatility figures are for illustrative purposes only. Past performance does not guarantee future results. One cannot invest directly in an Index.
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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