The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Education Thematic Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The objective of the underlying index is to provide exposure to exchange-listed companies globally that provide educational products and services. The fund generally will use a replication strategy. It is non-diversified.
IPO Year: n/a
Exchange: NASDAQ
Bain Capital’s plan to acquire PowerSchool Holdings (NYSE:PWSC) for $5.6 billion is under investigation for conflicts of interest and concerns over an inadequate deal price. What Happened: Shareholder rights law firm Julie & Holleman on Monday announced that it is probing the proposed transaction because private equity firms Vista Equity Partners and Onex, PowerSchool’s two largest shareholders, are posing conflicts of interest by “rolling over” shares into the post-close company while public shareholders are being cashed out. The deal is expected to close in the second half of this year. See Also: Global Giants KKR, Bain Capital Target Asia’s Rising Data Center Space Amid AI, Cloud
The potential pause of government services on Oct. 1 casts a shadow on various sectors — not least of which are education and research institutions. Universities, colleges, and other educational entities face disrupted operations. Halted federal funding will stall initiatives, impact students, and hurt research projects. Universities And Colleges: A government shutdown hurts universities and colleges, particularly those reliant on federal funds. Daily operations and long-term projects face disruptions, especially in areas like financial aid, research grants, and federally funded educational programs. The Department of Education could see more than 90% of its staff furloughed accordi
A recession is a significant decline in economic activity that lasts for a sustained period of time. More specifically, a recession is typically defined as two consecutive quarters of negative economic growth, as measured by a country's Gross Domestic Product (GDP). During a recession, businesses may experience a decline in sales and revenue, which can lead to layoffs and higher levels of unemployment. Consumers may also cut back on their spending, which can further slow economic activity. Recessions can be caused by a variety of factors, including financial crises, changes in government policies, or shifts in consumer behavior. While recessions are a normal part of the economic cycle, the
NEW YORK, Nov. 18, 2022 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange traded funds (ETFs), today announced a reverse split of the following eight funds: Fund Split Ratio Global X SuperDividend ETF (SDIV) 1:3 Global X MSCI SuperDividend Emerging Markets ETF (SDEM) 1:3 Global X SuperDividend REIT ETF (SRET) 1:3 Global X Education ETF (EDUT) 1:3 Global X MSCI China Real Estate ETF (CHIR) 1:3 Global X Emerging Markets Internet & E-commerce ETF (EWEB) 1:3 Global X Blockchain & Bitcoin Strategy ETF (BITS) 1:4 Global X Blockchain ETF (BKCH) 1:4 Effective afte
NEW YORK, Nov. 18, 2022 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange traded funds (ETFs), today announced a reverse split of the following eight funds: Fund Split Ratio Global X SuperDividend ETF (SDIV) 1:3 Global X MSCI SuperDividend Emerging Markets ETF (SDEM) 1:3 Global X SuperDividend REIT ETF (SRET) 1:3 Global X Education ETF (EDUT) 1:3 Global X MSCI China Real Estate ETF (CHIR) 1:3 Global X Emerging Markets Internet & E-commerce ETF (EWEB) 1:3 Global X Blockchain & Bitcoin Strategy ETF (BITS) 1:4 Global X Blockchain ETF (BKCH) 1:4 Effective afte