Bringing you live news and features since 2006 

China Flag

Global X Funds to split shares of GF China Bond ETF


Global X Funds has approved a share split for the Global X GF China Bond ETF (NYSE Arca: CHNB), the first US-listed ETF to provide access to China's onshore bond market. 

The total market value of the shares outstanding will not be affected as a result of this 2-for-1 split, except with respect to the redemption of fractional shares.

This split will take place for shareholders of record as of the close of business on 9 March, 2015, and will be payable after the close of trading on 10 March, 2015. Fund shares will begin trading on a split-adjusted basis on ­­­­11 March, 2015. Shareholders will see the change in their holdings sometime after that date, depending upon their brokerage firm's procedures.

The share split will lower the share price for the fund and increase the number of shares outstanding. The total value of shares outstanding is not affected by a split.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by