NEW YORK, July 1, 2011 /PRNewswire/ -- Global X Funds, the
New York based provider of
exchange traded funds, today announced the first monthly
distributions for the Global X Canada Preferred ETF (CNPF) and the
Global X SuperDividend™ ETF (SDIV). The funds started trading on
May 25, 2011 and June 9, 2011 respectively. It is anticipated that
future ex-divided dates will the first of the month. Please consult
www.globalxfunds.com to verify pay dates.
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CNPF is the first ETF to target Canadian companies that issue
preferred stock. For investors seeking income, preferred shares are
an asset class worth considering due to their unique combination of
bond and equity characteristics. SDIV 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 countries and sectors.
The table below summarizes the distribution schedule for each
ETF, as of July 1, 2011.
For all Funds: Ex-Date: 7/1/2011
Record Date: 7/6/2011
Payable Date: 7/13/2011
Ticker
|
ETF
Name
|
Income
Distribution Per Share
|
|
CNPF
|
Global X Canada Preferred
ETF
|
$0.064906
|
|
SDIV
|
Global X SuperDividend™
ETF
|
$0.101054696*
|
|
|
|
|
*Note: This payment covers a partial month from inception
June 9, 2011.
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 $1.6 billion in managed
assets as of June 30, 2011, Global X
Funds currently offers exchange-traded funds that target Developed
Markets, Emerging Markets, Commodity Producers, Income Producers
and Special Opportunities fund suites. The firm has been awarded
"Most Innovative North American ETF Provider," ETF Express 2011
Awards and "Most Innovative ETF- Americas," 7th Annual Global ETF
2010 AWARDS®. 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. High yielding
stocks are often speculative, high risk investments. Companies may
reduce or stop paying dividends at any time, which could have an
adverse effect on performance.
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.
ETF Express awards were decided by the votes of ETF express
subscribers, who include investors as well as managers and other
industry professionals at firms including fund administrators,
custodians, advisers and distributors.
The 7th Annual Global ETF Awards were determined by votes sent
out to ETP industry participants across the globe.
SOURCE Global X Funds