NEW YORK, Aug. 12 /PRNewswire/ -- Global X Funds will be ringing the opening bell at the NYSE at 9:30 am on Friday, August 27, 2010. The event is meant to celebrate the launch of the company's most recent ETFs: Lithium (LIT), Silver Miners (SIL), Copper Miners (COPX), Brazil Mid Cap (BRAZ), Brazil Consumer (BRAQ), and Brazil Financials (BRAF). These products were all launched on the NYSEArca within the last fiscal quarter.
The company will be hosting a breakfast reception for institutional clients in the boardroom of the NYSE. The keynote speech for the reception will highlight analysis on lithium's critical role in the future of the energy and commodity industries. Among the ETFs that launched this past year, the Lithium ETF (LIT) has been one of the most successful – trading more than 450,000 shares on opening day Friday, July 23, 2010.
Among the recently-launched ETFs, some that have the highest trading volumes as of August 5 include the Global X China Financials (CHIX), China Consumer (CHIQ), Silver Miners (SIL), Colombia (GXG), Brazil Mid Cap (BRAZ), China Materials (CHIM), China Industrials (CHII), and Brazil Consumer (BRAQ).
Global X Funds is one of the most innovative and fastest growing ETF providers in the world, currently managing $415 million in assets. Institutional clients not already registered with Global X Funds are encouraged to contact 212.644.6622 to ensure proper invitation to the NYSE opening bell institutional reception event on August 27.
Investing involves risk, including the possible loss of principal. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. There are additional risks associated with investing in emerging markets and metals mining industries. Narrowly focused and single country investments may be subject to higher volatility.
Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Funds' prospectus, which may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by visiting www.globalxfunds.com. Read the prospectus carefully before investing.
Global X Management Company, LLC serves as an advisor to the Global X Funds. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Global X Management Company or any of its affiliates.
SOURCE Global X Funds