Global X Funds Announces Index And Name Change For Portugal ETF

NEW YORK, Dec. 2, 2016 /PRNewswire/ -- Global X Funds, the New York based provider of exchange traded funds (ETFs), has announced that at the open of trading on December 6, 2016, the Global X FTSE Portugal 20 ETF (NYSE Arca: PGAL) will begin tracking the MSCI All Portugal Plus 25/50 Index. The MSCI All Portugal Plus 25/50 Index is designed to represent the performance of the broad Portugal equity universe. PGAL, the only Portugal-focused ETF in the United States, will be renamed the Global X MSCI Portugal ETF. Information regarding the index can be found at www.msci.com.

*Index constituents for the MSCI All Portugal Plus 25/50 Index are as of November 28, 2016. The number of index constituents may change by the effective date (December 6, 2016).

ABOUT GLOBAL X

Seeking to provide access to high-quality and cost-efficient investment solutions, Global X is a New York-based sponsor of exchange-traded funds (ETFs).  Founded in 2008, we are distinguished by our smart core, income, alpha, risk management and access suites of ETFs and have more than 50 funds available across U.S. and foreign exchanges. Global X is recognized as a leader in developing intelligent investment solutions for our clients.

DISCLOSURE

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. The economies of Europe are highly dependent on each other, both as key trading partners and as in many cases as fellow members maintaining the euro. Reduction in trading activity among European countries may cause an adverse impact on each nation's individual economies. The European financial markets have recently experienced volatility and adverse trends due to concerns about rising government debt levels, ability to service debt, and potential for defaults of several European countries, including Greece, Spain, Ireland, Italy and Portugal. Securities focusing on a single country may be subject to higher volatility. Current and future holdings are subject to risk.

Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund's 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.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund.  Brokerage commissions will reduce returns.  Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange.

Logo - http://photos.prnewswire.com/prnh/20120927/NY82509LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-x-funds-announces-index-and-name-change-for-portugal-etf-300372342.html

SOURCE Global X Funds