SRET seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Solactive Global SuperDividen REIT Index, said Nasdaq in a statement issued today in New York.
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.
"At a time of continued low interest rates, income-seekers are in need of alternative sources for yield. Investors have come to rely on Global X to deliver innovative solutions for income, and we are excited to be partnering with Nasdaq on SRET," explained Bruno Del Ama, CEO at Global X Funds in the statement.
Nasdaq operates an efficient platform for successfully introducing a product suite into one of the single largest pools of liquidity including market participants, which represent a full spectrum of investors.
ETF issuers benefit from an end-to-end solution that provides ongoing product support including index licensing, listings opportunities, data offerings and trading services.
As the home to some of the world's most innovative ventures, Nasdaq generates opportunities for issuers to access new markets and deliver new concepts that change the way the industry develops, manages and applies ETFs.
-- BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1117981
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