Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund (ETF) that aims to provide investors with exposure to a diversified portfolio of high-yielding, dividend-paying companies from emerging market countries. However, due to Russian sanctions, this ETF is currently untradeable.
The sanctions, which were put in place earlier, but took effect November 23 2022 for this ETF, They were put in place prevent U.S. investors from purchasing securities of certain Russian companies, including some that are included in the SDEM ETF. As a result, the fund has been unable to invest in these companies, which has significantly impacted its performance and made it untradeable for U.S. investors.
Despite this, the SDEM ETF remains popular among investors who are looking for exposure to high-yielding emerging market companies. However, it is important to note that the ongoing sanctions make it difficult for the fund to achieve its investment objective and may continue to impact its performance in the future.
In conclusion, the Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is currently untradeable for U.S. investors due to Russian sanctions. While the fund remains popular among those looking for exposure to high-yielding emerging market companies, the ongoing sanctions make it difficult for the fund to achieve its investment objective and may continue to impact its performance.
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