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Global X Guru Index ETF Celebrates 2 Year Anniversary

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SOURCE Global X Funds

Guru fund outperforms S&P 500 since inception and in Q2 2014

NEW YORK, Aug. 1, 2014 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange-traded funds (ETFs), today reported that the Global X Guru Index ETF, celebrating its two year anniversary since inception, has outperformed the S&P 500 during the second quarter of 2014. The S&P 500 returned over 5.2% during the quarter, while in contrast, GURU returned 7.1%.  Guru has outpaced the S&P 500 since the fund's inception on June 4, 2012 87.17% versus 59.47%.

In its two years since coming to market, GURU has grown to $500 million in assets under management (as of July 30, 2014) and is the largest ETF to track the quarterly 13F filings of hedge funds.1

GURU Index ETF vs. S&P 500 Since Inception through 6/30/2014

  

As of
6/30/2014

Last Quarter

(Q2 2014)

1 Year

Since
Inception

Annualized
Since
Inception

NAV

7.13%

28.10%

87.17%

35.32%

Market Price

7.08%

27.67%

87.16%

35.32%

Guru Index

7.26%

29.27%

89.78%

36.25%

Total Expenses

0.75%

 

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 1-888-GX-FUND-1 (1.888.493.8631), or visit www.globalxfunds.com. The total annual fund operation expense is 0.75%. The inception date of the fund is 06/04/2012.

GURU taps into high conviction stock holdings found in the 13F filings of a select group of large hedge fund managers, using a proprietary methodology to sort through their long equity positions. Earlier in the year, Global X Funds introduced Global X Guru™ Small Cap Index ETF (GURX) and Global X Guru™ International Index ETF (GURI), which utilize similar methodologies and focus on the small cap and international segments, respectively.

Over the past year, GURU has ranked among the top 20% U.S. Large-Cap Core funds, according to Lipper, Inc. Additionally, GURU was ranked by Bloomberg as the "Best Niche ETF" in 2013.2

Bruno del Ama, chief executive officer of Global X Funds, said: "The first half of 2014 had been challenging for many hedge funds, however, their high conviction, low turnover stocks started to play out over the second quarter. GURU is able to smartly access ideas of some of the world's most sophisticated money managers by isolating those picks."

ABOUT GLOBAL X FUNDS
Global X is a New York-based sponsor of exchange-traded funds that facilitates access to investment opportunities across the global markets. With $4.2 billion in managed assets and over 100,000 investors from around 100 countries as of July 2014, Global X offers exchange-traded funds that target Income, International, Commodity Producers, Alternatives and Industry fund suites. For more information about these exchanged traded funds, please visit www.globalxfunds.com.

Investing involves risk, including the possible loss of principal. The 13F filings used to select the securities in the Underlying Index are filed by each hedge fund approximately 45 days after the end of each calendar quarter. Therefore a given hedge fund may have already sold its position by the time of the 13F filing. The fund invests in small and mid capitalization companies, which have greater volatility and less financial resources than large-capitalization companies. Investments in the securities of foreign issuers (including investments in American Depositary Receipts ("ADRs")) are subject to the risks associated with investing in those foreign markets, such as heightened risks of inflation or nationalization. In addition, securities of foreign issuers may lose value due to political, economic and geographic events affecting a foreign issuer or market.

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.

Solactive AG Indexes have been licensed for use by Global X Management Company, LLC. Global X Funds are not sponsored, endorsed, issued, sold, or promoted by Solactive AG, nor does this company make any representations regarding the advisability of investing in the Global X Funds. 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.

Lipper ratings for Total Return reflect funds' historical total return performance relative to peers as of 06/30/14. The Lipper ratings are subject to change every month and are based on an equal-weighted average of percentile ranks for the Total Return, Consistent Return, Preservation, Tax Efficiency, and Expense metrics over three-, five-, and ten-year periods (if applicable). As of 06/30/14, the Global X Guru Index ETF, in Lipper's Large-Cap Core Funds, was ranked 46 out of 918 for the a period 06/30/13 to 06/30/14.

Lipper ratings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. More information is available at www.lipperweb.com. Lipper Leader Corp.

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