Global X ETFs Introduces Three Treasury Ladder ETFs

Global X ETFs Introduces Three Treasury Ladder ETFs

PR Newswire

NEW YORK, Sept. 10, 2024

NEW YORK, Sept. 10, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch the three funds: The Global X Short-Term Treasury Ladder ETF (SLDR), the Global X Intermediate-Term Treasury Ladder ETF (MLDR), and the Global X Long-Term Treasury Ladder ETF (LLDR). These funds, which collectively offer investors targeted exposure toward specific segments of the Treasury yield curve, are the firm's latest additions to its Income suite of Funds.

A Treasury ladder is a bond investment strategy which seeks to provide diversification and income using a portfolio of U.S. Treasury securities. Depending on the targeted maturity range, these strategies can consist of Treasury Bonds ("T-Bonds"), notes ("T-Notes") or bills ("T-Bills"). Treasury ladder portfolios span across a range of different maturities. Each maturity is considered a "rung" on the ladder, and usually each rung is equally weighted in proportion to one another. Combined, the equally weighted collection of bond rungs forms the bond ladder. Over time, as bonds mature or approach maturity, the assets are reinvested, or "rolled", to the next rung. The Global X  Treasury Ladder ETFs offer the opportunity to maintain exposure to a varied treasury portfolio at a competitive cost within the ETF structure, and they allow investors to target specific maturities across the yield curve in a single trade..

"With the launch of these Treasury ladder funds, Global X now proudly offers investors exposure across the yield curve," said Robert Scrudato, Director of Options and Income Research at Global X. "The Federal Reserve appears set to cut rates, and in such an environment these ETFs may appeal to investors who are seeking periodic cash flows." 

About Global X ETFs:

Global X ETFs was founded in 2008. For more than fifteen years, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features a wide range of ETF strategies and approximately $50 billion in assets under managementi. While we are distinguished for our Thematic Growth, Income, and International Access ETFs, we also offer both Core and Commodity funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.

Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $600 billion in assets under management worldwideii. Mirae Asset has an extensive global ETF platform ranging across the US, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with approximately $130bn in assets under management.iii 

Important Information:

This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information is not intended to be individual or personalized investment advice and should not be used for trading purposes. Please consult a financial advisor for more information regarding your situation.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. 

Investing involves risk, including the possible loss of principal. Diversification does not ensure a profit or guarantee against a loss. Fixed income securities are subject to loss of principal during periods of rising interest rates. Investments in the funds are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Carefully consider the fund's investment objectives, risks, and charges and expenses before investing. This and other information can be found in the fund's full or summary prospectuses, which may be obtained at globalxetfs.com. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Global X Management Company LLC or Mirae Asset Financial Group.

Contact: 

Ariel Kouvaras

Sloane & Company

akouvaras@sloanepr.com

i Source: Global X, September 10, 2024
ii Source: Mirae Asset, September 10, 2024
iii Source: ibid.

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SOURCE Global X Management Company LLC