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>>> Global X ETFs To Liquidate 19 ETFs


PR Newswire

January 19, 2024


https://finance.yahoo.com/news/global-x-etfs-liquidate-19-213000999.html


NEW YORK, Jan. 19, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds, today announced the scheduled liquidation of the following ETFs (the "Funds"), based on an ongoing review process of its product lineup to ensure it meets the evolving needs of its clients. The Funds scheduled for liquidation include:

Global X Cannabis ETF
Global X Carbon Credits Strategy ETF
Global X China Biotech Innovation ETF
Global X Green Building ETF
Global X Health & Wellness ETF
Global X Metaverse ETF

Global X MSCI China Communication Services ETF
Global X MSCI China Consumer Staples ETF
Global X MSCI China Energy ETF
Global X MSCI China Financials ETF
Global X MSCI China Health Care ETF
Global X MSCI China Industrials ETF
Global X MSCI China Information Technology ETF
Global X MSCI China Materials ETF
Global X MSCI China Real Estate ETF
Global X MSCI China Utilities ETF

Global X MSCI Next Emerging & Frontier ETF
Global X MSCI Pakistan ETF
Global X MSCI Portugal ETF


Based upon the recommendation of Global X Management Company LLC, the Global X Funds' adviser, the Board of Trustees determined on January 19, 2024 that it was in the best interests of the Funds and their shareholders to liquidate each of the Funds. The Funds represent less than 1% of the assets of Global X ETFs.

Shareholders may sell their holdings in the Funds prior to the end of the trading day on Friday, February 16, 2024, and customary brokerage charges may apply to these transactions. The Funds will cease trading at the end of the trading day on Friday, February 16, 2024. The Funds are expected to liquidate on or around Friday, February 23, 2024. Any person holding shares in the Funds as of the liquidation date will receive a cash distribution equal to the net asset value of their shares as of that date. Global X Management Company LLC will bear all fees and expenses that may be incurred in connection with the liquidation of the Funds and the distribution of cash proceeds to investors, other than brokerage fees and other related expenses.

About Global X ETFs

Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features over $40 billion in assets under management.i While we are widely recognized for our Thematic Growth, Income, Commodity and International Access ETFs, we also offer Core, Risk Management, and other solutions to suit a range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.

Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $550 billion in assets under management worldwide.ii Mirae Asset has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $80bn in assets under management.iii

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