Trading on four Global X ETFs has stopped and the funds will be liquidated. The Funds combined represent less than 1% of the assets of the Global X Funds. The Board of Trustees of Global X Funds unanimously determined on September 20, 2012 that it was in the best interests of the Funds and their shareholders to liquidate each of the Funds.
The Funds will cease trading at the end of the trading day on October 18, 2012 and will liquidate on October 26, 2012.
The four funds are as follows:
Global X Aluminum ETF (NYSE: ALUM)
Global X Auto ETF (NYSE: VROM)
Global X NASDAQ 500 ETF (NASDAQ: QQQV)
Global X NASDAQ 400 Mid Cap ETF (NASDAQ: QQQM)
For the full release go to http://www.globalxfunds.com/NewsFile/Liquidating_FINAL_sep2012.pdf.
As a result, these four ETFs have been removed from the constituent list file effective tonight.
We are working on the new subscriber data system. For the most part, this should not cause any issues. If, however, it does, please let me know and it will be addressed immediately. Right now, getting this done is my number one priority right after generating the daily files available for download.
iShares implemented a couple of name/ticker changes as follows:
On 10/17/2012 the iShares S&P 1500 Index Fund changed its name to the iShares Core S&P Total U.S. Stock Market ETF and changed its ticker from ISI to ITOT and its expense ratio from 0.20% to 0.07%. For more information, go to
On 10/17/2012 the iShares 10+ Year Government/Credit Bond Fund changed its name to the iShares Core Long-Term U.S. Bond ETF and its ticker from GLJ to ILTB and its expense ratio (shown below) from 0.20% to 0.12%. For mor information, go to