Global X GF China Bond ETF scheduled to be liquidated on May 2

By Wendy Van Sickle

Columbus, Ohio, April 4 – Global X Funds said it will liquidate the Global X GF China Bond ETF.

Shareholders may sell their holdings in the fund prior to the end of the trading day on April 18, which is when the fund will cease trading. Customary brokerage charges may apply to these transactions, according to a news release.

The fund is no longer accepting creation orders and will liquidate on or around May 2.

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.

New-York based Global X Management Co. LLC, the adviser to the fund, will bear all fees and expenses that may be incurred in connection with the liquidation and the distribution of cash proceeds to investors, other than brokerage fees and other related expenses.

The fund represents less than 1% of the assets of Global X Funds, according to the release.

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