Global X Funds Launches SuperIncome Preferred ETF (SPFF)

NEW YORK, July 17, 2012

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For investors seeking income, preferred shares are an asset class worth considering due to their unique combination of bond and equity characteristics. Like bonds, preferred shares generally pay stable dividends with more frequent distributions than common shares.  Like equity, preferred shares trade on an exchange and have the potential to appreciate in value, offering additional income growth potential for investors. In addition, preferred shareholders have priority over common shareholders with regard to claims on company earnings and assets – this may provide downside protection if a company is forced to liquidate its assets.  By screening for the highest yielding preferred securities and paying monthly dividends, SPFF allows investors to diversify their income streams and potentially increase the yield of their overall portfolio.  

The Global X SuperIncome Preferred ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Enhanced Yield North American Preferred Stock Index. The Index is comprised of U.S.- and Canada-traded preferred stocks that meet criteria relating to size, liquidity and exchange listings, among others.

"For investors seeking higher investment income, SPFF offers relatively efficient access to preferred stocks that could potentially provide greater yields," said Bruno del Ama, chief executive officer of Global X Funds.

ABOUT GLOBAL X FUNDS

Global X Funds is a New York-based provider of exchange-traded funds that facilitates access to investment opportunities across the global markets. With $1.2 billion in managed assets and over 100,000 investors from more than 100 countries as of June 15, 2012, Global X Funds currently offers exchange-traded funds that target Commodity Producers, International, Domestic, Alternatives, Industry, Income, and Asset Allocation fund suites. For more information, please visit www.globalxfunds.com.