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Global X Debuts New YieldCo ETF

Benzinga.com
0 Comments| May 29, 2015

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Global X Funds has never been one to shy away from unconventional income strategies and their existing forays into this space have been largely successful.

For example, the Global X SuperDividend ETF (Global X Funds (NYSE: SDIV)) has accumulated over $1 billion in total assets by searching out some of the highest yielding REITs, MLPs and financial stocks in the world.

YieldCo Index

To build upon their suite of income products through an alternative asset class, they recently released the Global X Yieldco Index ETF (NASDAQ: YLCO). This new ETF will trade on the NASDAQ exchange and feature a 0.65 percent expense ratio.

According to the fund fact sheet, "A ...

/www.benzinga.com/etfs/sector-etfs/15/05/5549051/global-x-debuts-new-yieldco-etf alt=Global X Debuts New YieldCo ETF>Full story available on Benzinga.com

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