CHII

MSCI China Industrials ETF

Fund Summary

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

Fund Objective

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

Why CHII?

Targeted Exposure

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

ETF Efficiency

In a single trade, CHII delivers access to dozens of industrials 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 7/9/20

Key Facts

Ticker	CHII
Inception Date	11/30/09
CUSIP	37950E705
ISIN	US37950E7058
Bloomberg Index Ticker	NU721886
Primary Exchange	NYSE Arca

Stats & Fees

Net Assets	$2,121,034
NAV	$14.14
Shares Outstanding	150,000
Total Expense Ratio	0.66%

Distributions

30-Day SEC Yield	1.28%
Distribution Frequency	Semi-Annually

Fund Documents

Fund Research

NAV			Price
Net Asset Value	$14.14		Closing Price	$13.92
Daily Change	$0.18	1.27%	Daily Change	$0.10	0.72%

Cumulative % Data as of month end (6/30/20)	Fund NAV	Closing Price	Index
1 Month	2.41%	1.27%	2.49%
3 Months	5.57%	7.89%	5.74%
6 Months	-8.03%	-7.26%	-7.70%
Since Inception	-4.05%	-4.71%	0.88%

Avg Annualized % Data as of month end (6/30/20)	Fund NAV	Closing Price	Index
1 Year	-6.32%	-6.23%	-5.61%
3 Years	-1.28%	-1.20%	-1.85%
5 Years	-3.59%	-3.64%	-3.73%
10 Years	1.00%	1.08%	1.48%
Since Inception	-0.39%	-0.46%	0.08%

Avg Annualized % Data as of quarter end (6/30/20)	Fund NAV	Closing Price	Index
1 Year	-6.32%	-6.23%	-5.61%
3 Years	-1.28%	-1.20%	-1.85%
5 Years	-3.59%	-3.64%	-3.73%
10 Years	1.00%	1.08%	1.48%
Since Inception	-0.39%	-0.46%	0.08%

The Fund investment objective and investment strategies changed effective December 6, 2018. Index performance reflects the performance of the Solactive China Industrials Total Return Index through December 4, 2018, and the MSCI China Industrials 10/50 Index thereafter.

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.

Fund Characteristics As of 7/9/20

Return on Equity	9.80%
Weighted Avg. Market Cap	10,821 M
	2019	2020
Price-to-earnings	9.74	10.64
Price-to-book value	1.08	1.01

Source: AltaVista Research, LLC

Fund Risk Stats As of 7/9/20

Versus	Beta
S&P 500	0.62
MSCI EAFE	0.74
MSCI Emg. Mkts	0.71
Standard Deviation	19.30%

Source: AltaVista Research, LLC

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
9.11	ZTO	ZTO EXPRESS -ADR	BYYDFN0	37.88	5,103	193,301.64
5.77	586 HK	CONCH VENTURE	BH7HM06	4.43	27,660	122,417.02
5.57	6098 HK	COUNTRY GARDEN S	BDQZP48	5.27	22,400	118,068.92
4.82	267 HK	CITIC LTD	6196152	1.03	99,100	102,296.11
3.44	2338 HK	WEICHAI POWER CO LTD-H	6743956	2.21	33,096	73,024.25
3.04	300750 C2	CONTEMPORARY A-A	BHQPSY7	29.31	2,200	64,485.52
2.74	656 HK	FOSUN INTERNATIONAL LTD	B1Z7FX0	1.33	43,700	58,191.11
2.27	1800 HK	CHINA COM CONS-H	B1JKTQ6	0.64	75,543	48,152.26
1.83	390 HK	CHINA RAILWAY GROUP LTD-H	B297KM7	0.61	63,898	38,750.80
1.79	3319 HK	A-LIVING SERVI-H	BFWK4M2	5.13	7,400	37,954.59
Holdings are subject to change.

Latest Premium Discount As of 7/9/20

NAV	$14.14
Mid-Point	$13.92
Premium / (Discount)	($0.22)

Current View 2020 Q3 As of 7/9/20

Days at Premium	0
Days at NAV	0
Days at Discount	6
Greatest Premium	0.99%
Greatest Discount	-9.92%
Days between -0.5% to 0.0%	1
Days between 0.0% to 0.5%	0

Daily Premium Discount History As of 7/9/20

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

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. CHII 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. Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange. Closing price returns 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.