Global X Tops $1.5 Billion In AUM

Global X, the New York-based ETF issuer that has 23 ETFs currently trading, announced today that as of March 1, its assets under management exceeded $1.5 billion. The firm said that since the end of 2009, its AUM total has surged by a whopping 1,500%.

Global X's largest ETF's include the Silver Miners ETF (NYSE: SIL), Uranium ETF (NYSE: URA), Lithium ETF (NYSE: LIT), and China Consumer ETF (NYSE: CHIQ). As of 3/1/11, their net assets were $498 million, $217 million, $186 million, and $162 million, respectively, the company said.

Thus far in 2011, the firm has introduced six new ETFs. Those funds are as follows:

Global X Aluminum ETF (NYSE: ALUM)
Global X Russell Emerging Markets Growth ETF (NYSE: EMGX)
Global X Russell Emerging Markets Value ETF (NYSE: EMVX)
Global X FTSE Andean 40 ETF (NYSE: AND)
Global X FTSE ASEAN 40 ETF (NYSE: ASEA)
Global X FTSE Argentina 20 ETF (NYSE: ARGT)

Last week, Global X announced plans for seven new ETFs.