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Nasdaq lists new Global X SuperDividend REIT ETF


The Global X SuperDividend® REIT ETF (SRET) has begun trading on The Nasdaq Stock Market.

"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 organisation built on innovation and Global X is bringing innovative products to market," says 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."

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