Global X Announces Name, Fee and Strategy Changes to Global X SuperDividend® Alternatives ETF (ALTY)
27 Septiembre 2021 - 11:00AM
Global X ETFs, the New York-based provider of exchange-traded funds
(ETFs), has announced plans to make name, fee and strategy changes
to the Global X SuperDividend® Alternatives ETF (ALTY). No action
is required by current shareholders as a result of this change.
These changes were previously communicated via a supplement to the
Fund’s Summary Prospectus, Statutory Prospectus and Statement of
Additional Information (“SAI”) as published on July 23, 2021.
THE FOLLOWING CHANGES ARE EFFECTIVE AS OF
SEPTEMBER 28, 2021
Current Fund Name |
New Fund Name |
Global X SuperDividend® Alternatives ETF |
Global X Alternative Income ETF |
The following changes will be made to the Fund’s fees and
expenses:
|
Current Fund Fees and Expenses |
New Fund Fees and Expenses |
Management Fees |
0.75% |
0.50% |
Distribution and Service (12b-1) Fees |
None |
None |
Other Expenses |
0.00% |
0.00% |
Acquired Fund Fees and Expensesi |
2.07% |
0.00% |
Total Annual Fund Operating Expenses |
2.82% |
0.50% |
In addition, as a result of a revision to the index methodology
for the Fund’s underlying index, the Indxx SuperDividend®
Alternatives Index, the Fund will undergo a strategy change as
previously communicated.
About Global X ETFs
Global X ETFs was founded in 2008. For more than a decade, our
mission has been empowering investors with unexplored and
intelligent solutions. Our product lineup features more than 90 ETF
strategies and over $35 billion in assets under management.ii While
we are distinguished for our Thematic Growth, Income and
International Access ETFs, we also offer Core, Commodity, and Alpha
funds to suit a wide range of investment objectives. Explore our
ETFs, research and insights, and more at www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global
leader in financial services, with more than $550 billion in assets
under management worldwide. Mirae Asset has an extensive global ETF
platform ranging across the US, Brazil, Canada, Colombia, Europe,
Hong Kong, India, Japan, Korea, and Vietnam with over $60bn in
assets under management.iii
US Media Contact
Frank Taylor / Stephanie DresslerDukas Linden Public
Relationsfrank@dlpr.com / stephanie@dlpr.com (646) 808-3647 / (949)
269-2535
Risk Information
Investing involves risk, including the possible loss of
principal. Shares of ETFs are bought and sold at market price (not
NAV) and are not individually redeemed from the Fund. Brokerage
commissions will reduce returns.
Carefully consider the Fund’s investment objectives,
risks, and charges and expenses before investing. This and other
information can be found in the Fund’s summary or full
prospectuses. Please read the prospectus carefully before
investing.
Global X Management Company LLC serves as an advisor to Global X
Funds. The Funds are distributed by SEI Investments Distribution
Co. (SIDCO), which is not affiliated with Global X Management
Company LLC or Mirae Asset Global Investments. Global X Funds are
not sponsored, endorsed, issued, sold or promoted by Indxx, nor
does Indxx make any representations regarding the advisability of
investing in the Global X Funds. Neither SIDCO, Global X Management
Company LLC nor Mirae Asset Global Investments are affiliated with
Indxx.
________________________i "Acquired Fund Fees and Expenses" sets
forth the Fund's pro rata portion of the cumulative expenses
charged by the exchange-traded funds, closed-end funds, business
development companies and other investment companies in which the
Fund invests. These expenses are calculated based on the Fund's
portfolio holdings during the prior fiscal period. The actual
Acquired Fund Fees and Expenses will vary with changes in the
allocations of the Fund's assets. Total annual fund operating
expenses do not correlate with the ratios of expenses to average
net assets reported in the financial highlights tables in the
Fund’s Prospectus and in the Fund’s shareholder reports, which
reflect the Fund’s operating expenses and do not include acquired
fund fees and expenses.ii Source: Global X, as of 9/22/21.iii
Source: Mirae Asset, as of March 2021.
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