ZCBB

ZCBA invests in a basket of zero-coupon Treasury STRIPS maturing between January 1, 2030 and November 30, 2030, offering exposure to U.S. government-backed fixed income with a defined maturity profile. The Fund seeks to pay distributions monthly.

ZCBC invests in a basket of zero-coupon Treasury STRIPS maturing between January 1, 2032 and November 30, 2032, offering exposure to U.S. government-backed fixed income with a defined maturity profile. The Fund seeks to pay distributions monthly.

ZCBE invests in a basket of zero-coupon Treasury STRIPS maturing between January 1, 2033 and November 30, 2033, offering exposure to U.S. government-backed fixed income with a defined maturity profile. The Fund seeks to pay distributions monthly.

ZCBB can complement core fixed income allocations with defined-maturity Treasury exposure, letting investors lock in a specific point on the 2031 segment of the yield curve.

As rate expectations reshape the curve, ZCBB offers a precise tool to target duration with a built-in maturity event, using a passive Treasury allocation as a deliberate cash flow planning instrument.

By investing in zero-coupon U.S. Treasury securities with defined maturity dates, the zero-coupon bond suite may enable investors to lock in exposures to different portions of the yield curve and reduce credit risk relative to other fixed income solutions.

The zero-coupon bond suite is designed to help investors manage future cash flow expectations and align their bond investments with specific maturity dates.

At a 0.07% expense ratio, the zero-coupon bond suite provides exposure to U.S. Treasury securities with the ease and transparency of an ETF structure.

The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

The Premium/Discount chart demonstrates the difference between the daily market price of shares of the Fund and the Fund's net asset value (NAV). The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

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.

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.

1. 1

   The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the 19a Notice. These do not imply rates for any future distributions.