Global X selected as manager of Colombia’s first local sovereign debt ETF

NEW YORK, June 13, 2022 /PRNewswire/ — Global X ETFs, the New Yorkprovider of exchange-traded funds (ETFs), today announced that the company, which offers financial services through its representative office registered with the Superintendence of Finance in Colombiawas selected by the Colombian Ministry of Finance and Public Credit, in cooperation with the World Bank, as manager of the “Fondo Bursatil de Deuda Publica Colombiana” (“Colombian Public Debt Equity ETF”). The fund will be Colombia first fixed income ETF.

“Global X is grateful to have been selected by the Colombian Ministry of Finance and Public Credit to manage this fund in support of the country’s local currency bond markets for local and foreign investors,” said Federico TorresI, Head of Sales for Latin America at Global X ETFs. “We are confident that this program, with the support of the World Bank, will play a key role in helping the growth of Colombia domestic capital markets. »

“JP Morgan is proud to be associated with this issuer-focused ETF program and the sustainable development of domestic capital markets in Colombia. We are excited to work with Global X ETFs, the Colombian government and the World Bank in this endeavor,” said Gloria KimGlobal Head of Index Research and Co-Head of ESG Research at JP Morgan.

“Being the administrators of the first Colombian public debt stock market fund in the country is a recognition of our experience and a challenge to the trust that the Colombian government and the Ministry of Finance and Public Credit have placed in our entity”, declared Buenaventura Osorio M., president of Fiduciaria Bogotá. “It is important to emphasize that digitization and innovation, strategic pillars of our organization, constitute the opportunity to reach more Colombians with investment products that adapt to their needs and expand access to alternatives. in the Colombian capital market, opening us up to the country’s opportunity to develop a retail sovereign debt market”.

The fund will operate as an issues-oriented exchange-traded fund (ID ETF), an investment product developed by the World Bank to support capital markets in emerging economies by working with local partners and enabling the pooling of local currency debt in an ETF format. This fund will be denominated in Colombian pesos. The Colombian Ministry of Finance and Public Credit went through an evaluation process during which it selected Global X ETFs as fund manager, Fiducaria Bogota as fund administrator and JP Morgan as index provider reference of the fund.

About Global X ETFs

Global X ETFs is a United Statescompany founded in 2008. For more than a decade, our mission has been to provide investors with uncharted and intelligent solutions. Our product line includes over 90+ ETF strategies $40 billion in assets under management.ii While we stand out for our thematic growth, income and international access ETFs, we also offer Core, Commodity and Alpha funds to meet a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.

Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with over $628 billion assets under management worldwide.iii Mirae Asset has an extensive global ETF platform covering the United States, Brazil, Canada, Colombia, Europe, hong kong, India, JapanKorea and Vietnam with over $80 billion in assets under management.iv

Media Contact
Audrey Beloffcommunication director
[email protected]
1-631-455-2220

Important Disclosures

Global X has set up a representative office in Colombia for the promotion and offering of the products and services of a foreign financial company represented in Colombia. Global X is a representative office of a financial institution domiciled in The United States of America and authorized by the Superintendency of Finance of Colombia to advertise and offer financial products and services in Colombia.

Any agreement between a prospective Colombian customer and Global X will be governed by the competent judges of the competent jurisdiction of the product or service and, therefore, the Colombian figure of financial advisor to the financial consumer is inapplicable in this relationship. Global X has established several channels of attention for customer inquiries or complaints, which can be filed through globalxetfs.com

Investing involves risk, including possible loss of principal.

ETF shares are bought and sold at market price (not net asset value) and are not individually redeemed by the Fund. Brokerage commissions will reduce returns. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. You cannot invest directly in an index.

Carefully consider a Sub-Fund’s investment objectives, risks and charges and expenses before investing. This and other information can be found in the Fund’s plan disclosure document. Please read carefully before investing.

Global X Management Company LLC, a US-based company, acts as an advisor to Global X Funds.


I Federico Torres is registered and recognized before the Superintendency of Finance of Colombia as a representative of Global X in Colombia.

ii Source: Global X at 06/07/22

iii Active Mirae, at June 2022

iv Active Mirae, at June 2022

SOURCE Global X Management Company LLC

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