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Stock impact report

Global X ETFs launches First Fixed Income ETF in Colombia [Yahoo! Finance]

Global X SuperDividend REIT ETF (SRET) 
US:NASDAQ Investor Relations: globalxfunds.com/funds/sret
Company Research Source: Yahoo! Finance
announced that the firm has launched Colombia's first ever fixed income ETF—the Colombian Public Debt Stock ETF (GXTESCOL) . GXTESCOL provides investors with greater accessibility to the Colombian sovereign bond market in local currency. The launch follows an evaluation process in which Global X ETFs was selected as the fund manager by the Colombian Ministry of Finance. GXTESCOL seeks to offer greater accessibility to the Colombian sovereign bond market in local currency to investors while tracking the total return of the JPM GBI-EM Colombia Government Local Currency Bond Index. The fund will function as an Issue-Driven Exchange Traded Fund (ID ETF), a global initiative of the World Bank to support the development of domestic capital markets in emerging economies by collaborating with local partners and allowing local currency debt to be packaged into an ETF format. This fund will be denominated in Colombian pesos. In addition to selecting Global X ETFs as manager of the fund, the C Show less Read more
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