CHIE

MSCI China Energy ETF

Fund Summary

The Global X MSCI China Energy ETF (CHIE) seeks to invest in large-, mid- and small-capitalization segments of the MSCI China IMI Index that are classified in the Energy Sector as per the Global Industry Classification System (GICS).

Fund Objective

The Global X MSCI China Energy ETF (CHIE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Energy IMI Plus 10/50 Index.

Why CHIE?

Targeted Exposure

CHIE is a targeted play on the Energy Sector in China – the world's second largest economy by GDP.

ETF Efficiency

In a single trade, CHIE delivers access to dozens of energy companies within the MSCI China Index, providing investors an efficient vehicle to express a sector view on China.

All Share Exposure

The Index incorporates all eligible securities as per MSCI's Global Investable Market Index Methodology, including China A, B and H shares, Red chips, P chips and foreign listings, among others.

Fund Details As of 02/23/21

Key Facts

Ticker	CHIE
Inception Date	12/15/09
CUSIP	37950E507
ISIN	US37950E5078
Bloomberg Index Ticker	NU722195
Primary Exchange	NYSE Arca
Number of Holdings	22

Stats & Fees

Net Assets	$2,343,329
Net Asset Value (NAV)	$9.37
Shares Outstanding	250,000
Total Expense Ratio	0.66%

Distributions

30-Day SEC Yield	3.48%
Distribution Frequency	Semi-Annually

Fund Documents

Fund Research

Fund Prices As of 02/23/21

NAV	$9.37	Daily Change	-$0.05	-0.52%
Market Price	$9.60	Daily Change	-$0.05	-0.52%
30-Day Median Bid-Ask Spread	1.39%

As of recent (12/31/20) As of recent (12/31/20)	Fund NAV	Market Price	Index
1 Year	-18.64%	-18.39%	-18.02%
3 Years	-5.92%	-5.79%	-5.07%
5 Years	-0.19%	0.02%	0.69%
10 Years	-3.30%	-3.30%	-2.42%
Since Inception	-2.54%	-2.51%	-1.71%
1 Year	-6.88%	-7.67%	-8.44%
3 Years	-8.33%	-8.02%	-7.30%
5 Years	2.22%	2.37%	3.24%
10 Years	-3.61%	-3.49%	-2.75%
Since Inception	-2.61%	-2.51%	-1.73%
Year-to-Date	-18.64%	-18.39%	-18.02%
1 Month	-2.69%	-1.24%	-2.65%
3 Months	7.51%	6.43%	7.80%
Since Inception	-24.71%	-24.51%	-17.39%
Year-to-Date	-1.07%	-0.12%	-0.38%
1 Month	-1.07%	-0.12%	-0.38%
3 Months	9.37%	8.99%	10.29%
Since Inception	-25.51%	-24.60%	-17.70%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 02/23/21

Return on Equity	7.60%
Weighted Avg. Market Cap	17,989 M
	2020	2021
Price-to-earnings	9.51	9.09
Price-to-book value	0.71	0.68

Source: AltaVista Research, LLC

Fund Risk Stats As of 02/23/21

Versus	Beta
S&P 500	0.69
MSCI EAFE	0.73
MSCI Emg. Mkts	0.66
Standard Deviation	19.40%

Source: AltaVista Research, LLC

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
11.04	386 HK	SINOPEC CORP-H	6291819	0.59	440,897	258,725.69
9.92	857 HK	PETROCHINA CO LTD-H	6226576	0.37	623,863	232,529.51
8.93	1088 HK	CHINA SHENHUA ENERGY CO-H	B09N7M0	1.96	107,030	209,264.58
7.47	2883 HK	CHINA OILFIELD SERVICES-H	6560995	1.27	137,786	175,037.99
5.91	002353 C2	YANTAI JEREH OILFIELD-A	BD5CMC7	7.57	18,300	138,461.54
5.76	1171 HK	YANZHOU COAL MINING CO-H	6109893	0.92	146,525	134,927.65
5.39	601225 C1	SHAANXI COAL I-A	BS7K5P8	1.83	68,836	126,212.74
5.03	956 HK	CHINA SUNTIEN-H	B3ZXLP6	0.34	350,300	117,915.70
4.27	000723 C2	SHANXI MEIJIN-A	BFCCPV4	1.16	86,300	100,147.77
4.23	000983 C2	Shanxi Coking Coal	BD5CKB2	0.81	122,553	99,173.32
3.99	934 HK	SINOPEC KANTONS HOLDINGS	6162692	0.39	241,000	93,556.62
3.98	600583 C1	OFFSHORE OIL-A	BP3R455	0.80	116,775	93,232.81
3.78	600188 C1	YANZHOU COAL MINING CO-A	BP3R5S5	1.47	60,064	88,474.97
3.59	600256 C1	GUANGHUI ENERGY CO LTD-A	BP3R3N6	0.44	192,550	84,015.97
3.55	900948 CH	INNER MONGOLIA-B	6019011	0.52	158,994	83,153.86
3.43	601872 C1	CHINA MERCHANTS ENERGY -A	BP3R8G4	0.81	98,800	80,410.34
3.39	600026 C1	COSCO SHIPPING-A	BP3R9Y9	1.00	79,700	79,540.30
3.35	601699 C1	SHANXI LU'AN -A	BP3R682	0.91	86,465	78,398.39
2.34	2236 HK	WISON ENGINEERIN	B8YT0Y2	0.07	788,600	54,921.39
0.21	600028 C1	CHINA PETROLEU-A	BP3R240	0.73	6,650	4,836.03
0.19	601857 C1	PETROCHINA CO LTD-A	BP3R206	0.69	6,400	4,436.36
0.18	601088 C1	CHINA SHENHUA ENERGY CO-A	BP3R262	2.84	1,500	4,261.21
0.07		CASH		0.91	1,864	1,693.91

Holdings are subject to change.

Latest Premium / Discount As of 02/23/21

NAV	$9.37
Market Price	$9.60
Premium / (Discount)	$0.23

Current View 2021 Q1 As of 02/23/21

Days at Premium	30
Days at NAV	0
Days at Discount	5
Greatest Premium	2.85%
Greatest Discount	-0.96%

Daily Premium / Discount History As of 02/23/21

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country and narrowly focused investments may be subject to higher volatility. CHIE is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.