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Global X Funds launches SuperDividend ETF (SDIV)


Global X Funds, the New York-based provider of exchange- traded funds (ETFs), has launched the Global X SuperDividend ETF (Ticker: SDIV). 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 Global X SuperDividend ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperDividend™ Index. The index tracks the performance of 100 equally weighted companies that rank among the highest dividend yielding equity securities in the world.  The index provider applies certain dividend stability filters. With equal weighting across a diverse group of 100 securities, investors may have less risk exposure in the event that a single company depreciates in price or reduces its dividend.

SDIV offers investors exposure to a broad group of industries:  REITs (22%), Consumer Discretionary (16%), Telecommunications (16%), Financial Services (10%), Utilities (8%), Banks (5%), Consumer Staples (5%), Energy (5%), Industrials (5%), Insurance (3%), Technology (3%), and Healthcare (2%).  Investors in the fund may also stand to benefit from global diversification, which includes international issuer and currency exposure in the US (32%), Australia (24%), Great Britain (10%), Canada (6%), and Singapore (4%), among others.

"In an environment where people are seeking monthly income, the SuperDividend ETF offers convenient access to 100 high yielding companies around the globe through one security," says Bruno del Ama, chief executive officer of Global X Funds. "We are very proud of bringing to market our most innovative addition to our suite of income generating funds."

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