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Global X Funds has launched the Global X SuperDividend ETF, an exchange-traded fund that offers exposure to 100 global companies that rank among the highest dividend-yielding equity securities in the world.

The fund tracks the Solactive Global SuperDividend Index. The industry weightings in the index are as follows: REITs (22%), consumer discretionary (16%), telecommunications (16%), financial services (10%), utilities (8%), banks (5%), consumer staples (5%), energy (5%), industrials (5%) insurance (3%), technology (3%) and healthcare (2%).

“In an environment where people are seeking monthly income, the SuperDividend ETF offers convenient access to 100 high-yielding companies around the globe through one security,” said Bruno del Ama, chief executive officer of Global X Funds.

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