The Board of Trustees of Global X Funds unanimously found that it was in the best interest to liquidate the funds, which represented less than 2% of total Global X Funds’ assets.
Over the course of 2011, 27 exchange traded products have been closed.
The Global X funds liquidating are:
- Global X Russell Emerging Markets Growth ETF (NYSEArca: EMGX)
- Global X Russell Emerging Markets Value ETF (NYSEArca: EMVX)
- Global X Mexico Small-Cap ETF (NYSEArca: MEXS)
- Global X Oil Equities ETF (NYSEArca: XOIL)
- Global X Farming ETF (NYSEArca: BARN)
- Global X Fishing Industry ETF (NYSEArca: FISN)
- Global X Food ETF (NYSEArca: EATX)
- Global X Waste Management ETF (NYSEArca: WSTE)
For more information on ETFs, visit our ETF 101 category.
Max Chen contributed tot his article.