Nasdaq Lists The Global X SuperDividend(R) REIT ETF
March 17 2015 - 8:30AM
Nasdaq announced that Global X Funds will list a new
exchange-traded fund (ETF), The Global X
SuperDividend
® REIT ETF (Symbol: SRET), which will
begin trading on The Nasdaq Stock Market today.
"At a time of continued low interest rates, income-seekers are
in need of alternative sources for yield," said Bruno del Ama,
Chief Executive Officer of Global X Funds. "Investors have come to
rely on Global X to deliver innovative solutions for income,
and we're excited to be partnering with Nasdaq on SRET."
SRET seeks investment results that correspond generally to the
price and yield performance, before fees and expenses, of the
Solactive Global SuperDividend®REIT Index. The
fund will access 30 of the highest dividend yielding REITs in the
world and includes features to reduce volatility. SRET strives to
provide alternative income to diversify investor's portfolios.
"Nasdaq is an organization built on innovation and Global X is
bringing innovative products to market," said Jeff McCarthy, Vice
President, Head of ETP Listings at Nasdaq. "We are pleased to
expand our relationship with Global X to launch SRET and appreciate
their confidence in choosing the Nasdaq marketplace to list and
trade ETFs."
Nasdaq operates an efficient platform for successfully
introducing a product suite into one of the single largest pools of
liquidity, including market participants which represent a full
spectrum of investors. ETF issuers benefit from an end-to-end
solution that provides ongoing product support including index
licensing, listings opportunities, data offerings and trading
services. As the home to some of the world's most innovative
ventures, Nasdaq generates opportunities for issuers to access new
markets and deliver new concepts that change the way the industry
develops, manages and applies ETFs.
About Global X Funds:
Global X is a New York-based sponsor of exchange-traded funds
(ETFs), offering access to investment opportunities across global
markets. Founded in 2008, Global X is recognized by individual and
institutional investors for its suite of income, international,
commodity and alternative funds. With over 40 funds available
across U.S. and foreign exchanges, Global X is one of the fastest
growing issuers of ETFs. For more information, please visit
www.globalxfunds.com.
About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing,
exchange technology, listing, information and public company
services across six continents. Through its diverse portfolio of
solutions, Nasdaq enables customers to plan, optimize and execute
their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today's global
capital markets. As the creator of the world's first electronic
stock market, its technology powers more than 70 marketplaces in 50
countries, and 1 in 10 of the world's securities transactions.
Nasdaq is home to more than 3,500 listed companies with a market
value of over $9.1 trillion and more than 10,000 corporate clients.
To learn more, visit http://nasdaq.com/ambition or
http://business.nasdaq.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements
that are made under the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements include,
but are not limited to, statements about Nasdaq and its products
and offerings. We caution that these statements are not guarantees
of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements.
Forward-looking statements involve a number of risks, uncertainties
or other factors beyond Nasdaq's control. These factors include,
but are not limited to factors detailed in Nasdaq's annual report
on Form 10-K, and periodic reports filed with the U.S. Securities
and Exchange Commission. We undertake no obligation to release any
revisions to any forward-looking statements.
Nothing contained herein should be construed as investment
advice from Nasdaq, either on behalf of a particular financial
product or an overall investment strategy. Nasdaq makes no
recommendation to buy or sell any financial product or any
representation about the financial condition of any company or
fund. Investors should undertake their own due diligence and
carefully evaluate financial products before investing. ADVICE FROM
A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
NDAQG
CONTACT: Global X Funds Media Contact:
Hod Klein
(212) 704-7385 (direct)
hod@dukaspr.com
Nasdaq Media Contact:
Alexa Sugrue
+1 (212) 231-5552 (office)
+1 (646) 577-3157 (mobile)
Alexa.Sugrue@nasdaq.com
Global X SuperDividend R... (NASDAQ:SRET)
Historical Stock Chart
From Dec 2024 to Jan 2025
Global X SuperDividend R... (NASDAQ:SRET)
Historical Stock Chart
From Jan 2024 to Jan 2025