NEW YORK, Oct. 3, 2011 /PRNewswire/ -- Global X Funds, the New York based provider of exchange traded funds, today announced the October monthly distributions for the Global X Canada Preferred ETF (CNPF) and the Global X SuperDividend™ ETF (SDIV). Please consult www.globalxfunds.com to view the distribution calendars.
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 October 3, 2011.
For all Funds: Ex-Date: 10/3/2011 Record Date: 10/5/2011 Payable Date: 10/12/11
Income Distribution Per Share
Global X Canada Preferred ETF
Global X SuperDividend™ ETF
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 $1.5 billion in managed assets and over 100,000 investors from more than 100 countries as of September 15, 2011, Global X Funds currently offers exchange-traded funds that target Developed Markets, Emerging Markets, Commodity Producers, Income Producers and Special Opportunities fund suites. For more information, please visit www.globalxfunds.com
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. Preferred stock is subject to many of the risks associated with debt securities, including interest rate risk. 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.
SOURCE Global X Funds