Worldwide Organization X Unveils Improvements to Their Product Lineup
In a recent announcement, Global X Management Company LLC, a New York-based provider of exchange-traded funds (ETFs), has revealed the scheduled liquidation of five of its ETFs: QDCC, PTEC, RAYS, WNDY, and RATE. The funds, which collectively represent less than 0.2% of Global X's assets, will cease trading on August 22, 2025, and are expected to liquidate around August 29, 2025.
The primary reason for this liquidation is the relatively small size and low investor interest, making these funds less viable to operate profitably. Similar liquidations often occur due to limited assets under management, insufficient trading volume, or lack of demand.
Investors are advised to sell their shares before August 22, 2025, to avoid potential illiquidity. Following liquidation, investors will receive cash equal to their share value, ending their investment in these ETFs. Customary brokerage fees may apply when selling shares before liquidation and on the final distribution. Global X will cover most liquidation expenses except brokerage fees related to distributions.
It's important to note that investing in Global X Funds involves risk, including the possible loss of principal. International investments may involve additional risks such as unfavourable fluctuations in currency values, differences in accounting principles, and political or economic instability in other nations. Emerging markets, in particular, involve heightened risks related to increased volatility, lower trading volume, and other factors.
Despite this decision, Global X continues to thrive, surpassing $60 billion in assets under management (AUM) in 2025. The company offers over 90 ETF solutions across Thematic Growth, Income, International Access, Core, and Commodity suites.
For media inquiries, please contact Ariel Kouvaras at Sloane PR, phone number 212-446-1884, or email [email protected]. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X or Mirae Asset Global Investments.
Global X was founded in 2008 and has its headquarters in New York. The company is a member of Mirae Asset Financial Group, a global leader in financial services with over $600 billion in assets under management worldwide. Global X serves as the investment adviser to the suite of ETFs launched by Global X Management Company, Inc.
[1] Source: Global X ETFs, ETFDB, Mirae Asset, and various dates.
The liquidation of Global X's funds like QDCC, PTEC, RAYS, WNDY, and RATE due to small size and low investor interest might discourage news about cloud-based cutting-edge financial technologies in the business world. After the liquidation on August 29, 2025, investors will receive cash equivalent to their share value, potentially impacting their future investing in the finance sector, particularly in ETFs.
