How often do Global X Funds distribute dividends?
Each funds pays out dividends to investors at least annually, and may pay them on a more frequent basis. Shares of Global X Funds may be sold throughout the day on the exchange through any brokerage account. However, shares may only be redeemed directly from a Fund by Authorized Participants, in very large creation/redemption units. Management fees associated with fund investments are not borne by investors in individual stocks or bonds. Funds are obliged to distribute portfolio gains to shareholders by year-end. These gains may be generated due to index rebalancing, to meet diversification requirements, or due to cash creations and redemptions. Trading shares will also generate tax consequences and transaction expenses. All regulated investment companies are obliged to distribute portfolio gains to shareholders. This material is not intended to be tax advice. The tax consequences of dividend distributions may vary by individual taxpayer. Please consult your tax professional or financi