GXF

FTSE Nordic Region ETF

Fund Summary

The Global X FTSE Nordic Region ETF (GXF) provides investors with broad exposure to the Nordic region, comprised of Finland, Sweden, Norway, and Denmark.

Fund Objective

The Global X FTSE Nordic Region ETF (GXF) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Nordic 30 Index.

Why GXF?

Efficient Access

Efficient access to a broad basket of Nordic securities.

Targeted Exposure

The fund targets exposure to a specific region.

Fund Details As of 8/10/20

Key Facts

Ticker	GXF
Inception Date	8/17/09
CUSIP	37950E101
ISIN	US37950E1010
Bloomberg Index Ticker	N30WMN
Primary Exchange	NYSE Arca
Number of Holdings	30

Stats & Fees

Net Assets	$19,424,742
NAV	$23.98
Shares Outstanding	810,000
Total Expense Ratio	0.56%

Distributions

30-Day SEC Yield	2.02%
Distribution Frequency	Semi-Annually

Fund Documents

Fund Research

NAV			Price
Net Asset Value	$23.98		Closing Price	$24.01
Daily Change	$0.03	0.14%	Daily Change	$0.05	0.21%

Cumulative % Data as of month-end (7/31/20)	Fund NAV	Closing Price	Index
Year-to-Date	8.23%	7.61%	7.98%
1 Month	10.22%	8.88%	10.24%
3 Months	19.99%	20.56%	20.05%
6 Months	8.63%	7.81%	8.32%
Since Inception	120.27%	118.57%	124.47%

Avg Annualized % Data as of month-end (7/31/20)	Fund NAV	Closing Price	Index
1 Year	16.22%	16.60%	18.86%
3 Years	3.84%	3.48%	4.83%
5 Years	3.03%	2.97%	3.51%
10 Years	6.45%	6.35%	6.66%
Since Inception	7.48%	7.40%	7.66%

Avg Annualized % Data as of quarter-end (6/30/20)	Fund NAV	Closing Price	Index
1 Year	1.61%	2.38%	3.95%
3 Years	1.54%	1.53%	2.52%
5 Years	1.49%	1.63%	2.03%
10 Years	6.74%	6.83%	6.89%
Since Inception	6.58%	6.62%	6.76%

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 8/10/20

Return on Equity	3.80%
Weighted Avg. Market Cap	50,207 M
	2019	2020
Price-to-earnings	16.96	22.06
Price-to-book value	0.86	0.84

Source: AltaVista Research, LLC

Fund Risk Stats As of 8/10/20

Versus	Beta
S&P 500	0.74
MSCI EAFE	0.85
MSCI Emg. Mkts	0.65
Standard Deviation	15.20%

Source: AltaVista Research, LLC

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
15.29	NOVOB DC	NOVO NORDISK A/S-B	BHC8X90	64.59	45,971	2,969,363.04
5.09	ERICB SS	ERICSSON LM-B SHS	5959378	11.60	85,169	987,889.05
4.74	KNEBV FH	KONE OYJ-B	B09M9D2	82.65	11,142	920,863.28
4.17	ATCOA SS	ATLAS COPCO AB-A SHS	BD97BN2	45.30	17,878	809,836.96
4.09	DSV DC	DSV PANALPINA A/S	B1WT5G2	141.95	5,597	794,516.77
4.05	INVEB SS	INVESTOR AB-B SHS	5679591	61.02	12,891	786,646.51
4.02	NOKIA FH	NOKIA OYJ	5902941	4.90	159,416	780,507.58
4.02	VOLVB SS	VOLVO AB-B SHS	B1QH830	18.31	42,610	780,251.10
3.88	ORSTED DC	ORSTED A/S	BYT16L4	139.93	5,384	753,389.01
3.85	VWS DC	VESTAS WIND SYSTEMS A/S	5964651	133.86	5,591	748,423.84
Holdings are subject to change.

Latest Premium Discount As of 8/10/20

NAV	$23.98
Mid-Point	$24.01
Premium / (Discount)	$0.03

Current View 2020 Q3 As of 8/10/20

Days at Premium	17
Days at NAV	0
Days at Discount	11
Greatest Premium	7.36%
Greatest Discount	-3.12%
Days between -0.5% to 0.0%	6
Days between 0.0% to 0.5%	14

Daily Premium Discount History As of 8/10/20

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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. Narrowly focused investments may be subject to higher volatility. GXF 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 FTSE, nor does FTSE 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 FTSE.

GXF