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Equity ETFs

Global X To Close U.S. Iconic Brands ETF ‘LOGO’

ETF Trends September 19, 2018

LOGO ETF Top Holdings

The Iconic Brands Strength Score then rewards the companies in the top 100 with the highest revenue growth and absolute cash flow generation with a greater weighting in the Index.

“Any person holding shares in the Fund as of the liquidation date will receive a cash distribution equal to the net asset value of their shares as of that date. Global X Management Company LLC, the adviser to the Fund, will bear all fees and expenses that may be incurred in connection with the liquidation of the Fund and the distribution of cash proceeds to investors, other than brokerage fees and other related expenses,” according to a statement from New York-based Global X.

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