Global X Funds Colombia And Silver Miners ETFs Cross $100M In Assets
NEW YORK, Sept. 23 /PRNewswire/ -- Following in the footsteps of its China Consumer ETF (ticker: CHIQ), the Global X Funds family has pushed a second and third ETF product over the $100M asset threshold.
The Global X FTSE Colombia ETF (GXG) was the family's first Emerging Markets fund, and has consistently been a top performer. Its cumulative return has exceeded 180% since inception in Feb 2009, earning it the WSJ Category King of Latin American funds designation in Aug 2010 and Investor's Business Daily's Top World ETF in Sept 2010.
The Global X Silver Miners ETF (SIL) was launched last quarter to debut the family's Global Commodities fund suite, and has garnered the highest average volumes. It traded nearly one million shares on its sixth day after launch. Despite the silver slowdown this summer, SIL now holds $101M in assets.
Momentum AheadAmong other innovative products in the family, the Global X Brazil Financials ETF (BRAF) is the youngest with an inception date of 7/28/10, and has returned 6.96% already as of 9/20/10. Among the six Brazil indexes currently tracked by plain vanilla* ETFs, the Solactive Brazil Financials index has shown the highest upside and lowest downside over the past three years, as of 9/17/10. About Global X Funds With 14 exchange traded funds (ETFs) brought to market over the last twenty months, Global X Funds is the fastest growing ETF provider in the US, as reported by BlackRock in July and August, managing $593M in assets and expanding more than 400% this year to date. The family's largest fund, CHIQ, was ranked top ten in IBD's Top World ETFs list for Sept 2010 and holds over $132M in assets as of today. 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. Performance data quoted represents past performance and is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost, and current performance may be lower or higher than the performance quoted. Performance as of 6/30/2010 for the Global X/Interbolsa FTSE Colombia 20 ETF (GXG) is 53.84% at NAV, 47.46% at Market Price (1 year), 82.10% at NAV, 76.90% at Market Price annualized since inception (2/5/2009). Annualized total return assumes reinvestment of dividends and capital gain distributions. Total expense ratio is 0.86%. The portfolio's returns are attributable to investments in a single country. The unusually favorable conditions that may lead to higher returns may not continue to exist and there can be no assurance that performance will be repeated in the future. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 Eastern Time and do not represent the returns you would receive if you traded shares at other times. Current performance may be higher or lower than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by visiting www.globalxfunds.com . Performance for BRAF at Market Price from inception through 9/20/2010 is 9.28%. Expense ratio is 0.77%. Index returns are for illustrative purposes only and do not represent actual fund performance
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