TFIV


TargetIncome 5 ETF

Fund Summary

The Global X TargetIncome™ 5 ETF (TFIV) seeks to provide broad exposure to income-producing asset classes using a portfolio of ETFs, with the goal of supporting an annualized yield of 5%, net of fees.

Fund Objective

The Global X TargetIncome™ 5 ETF (TFIV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Wilshire TargetIncome 5% Plus Index℠.

Why TFIV?

5% Income Target

In aiming for an annualized 5% yield, net of fees, TFIV seeks to offer investors a specific outcome.

Dynamic Risk Management

TFIV’s index looks to minimize portfolio risk by optimizing allocations across 11 potential asset classes while attempting to meet its stated yield target.

Monthly Distributions

TFIV expects to make distributions on a monthly basis.

Fund Details As of 10/16/18

Ticker TFIV
Primary Exchange Cboe
CUSIP 37954Y582
ISIN US37954Y5823
Bloomberg Index Ticker WTIFIVTR
Net Assets $2,434,653
Management Fee 0.39%
Acquired Fund Fees and Expense* 0.38%
Annual Fund Operating Expense 0.77%
Inception Date 7/27/18
Shares Outstanding 100,002
30-Day SEC Yield 5.84%
Distribution Frequency Monthly
Distribution Calendar

*Acquired Fund Fees and Expenses sets forth the Fund's pro rata portion of the cumulative expenses charged by the ETFs in which the Fund invests. These expenses are calculated based on the Fund's portfolio holdings during the prior fiscal period. The actual Acquired Fund Fees and Expenses will vary with changes in the allocations of the Fund's assets.

Fund Prices

As of 10/16/18
NAV Price
Net Asset Value $24.35 Closing Price $24.36
Daily Change $0.23 0.94% Daily Change $0.23 0.93%

Performance History

Cumulative %

Data as of month end (9/30/18)

Fund NAV Closing Price Index
1 Month 0.42% 0.46% 0.42%
3 Months -- -- --
6 Months -- -- --
Since Inception -0.50% -0.42% -0.42%

Cumulative %

Data as of quarter end (9/30/18)

Fund NAV Closing Price Index
Since Inception -0.50% -0.42% -0.42%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.

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.

Top 10 Holdings

As of 10/16/18
Net Assets % Name Market Price ($) Shares Held Market Value ($)
20.85 VANECK VECTORS J.P. MORGA 16.53 30,704 507,537.12
20.14 XTRACKERS USD HIGH YIELD 49.21 9,965 490,377.65
19.38 GLOBAL X US PREFERRED ETF 23.45 20,120 471,723.46
19.27 GLOBAL X SUPERDIVIDEND ET 19.57 23,969 469,073.33
15.16 GLOBAL X SUPERDIVIDEND US 25.04 14,739 369,064.56
5.08 SPDR BLACKSTONE/GSO SEN L 47.23 2,618 123,648.14
0.15 CASH 1.00 3,645 3,644.15
Holdings are subject to change.

Investing involves risk, including the possible loss of principal. There is no guarantee that the Fund will achieve its investment objective or produce the targeted price or yield performance. In addition to the normal risks associated with investing, the Fund may invest in MLPs, infrastructure investments, REITs, mortgage REITs, and preferred stocks. Narrowly focused investments may be subject to higher volatility. High yielding stocks are often speculative, high-risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance. TFIV is non-diversified.

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. Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange. Closing price returns do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares typically do not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

 

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 summary or full prospectuses. 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. (SIDCO), which is not affiliated with Global X Management Company LLC. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Wilshire, nor does Wilshire make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO nor Global X is affiliated with Wilshire.