KRMA


Conscious Companies ETF

Morningstar Rating™ - Overall rating out of 1,244 Large Blend funds, based on risk-adjusted returns as of 12/31/2021

Reasons to Consider KRMA

Well-Managed Companies

As the first ETF to utilize the Multi-stakeholder Operating System (MsOS), KRMA offers exposure to companies achieving positive outcomes for 5 key stakeholders: Customers, Suppliers, Stock & Debt Holders, Local Communities, and notably, Employees.

Rigorously Researched

Through the Concinnity Conscious Companies Index, KRMA employs proactive (positive) screens in a proprietary, 3-step process that monitors for consistent achievement, establishing a very high bar for inclusion.

Depth and Breadth

KRMA applies a wide range of sources that focus on measuring positive outcomes, including fundamental financial ratios to assess for operational efficiency and other long-term value creation indicators.

Key Information As of 01/19/22

Inception Date 07/11/16
Total Expense Ratio 0.43%
Net Assets $673.19 million
NAV $32.51
Fact Sheet

ETF Summary

The Global X Conscious Companies ETF (KRMA) is designed to provide investors an opportunity to invest in well-managed companies that achieve financial performance in a sustainable and responsible manner and exhibit positive Environmental, Social and Corporate Governance (ESG) characteristics.

ETF Objective

The Global X Conscious Companies ETF (KRMA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Concinnity Conscious Companies Index.

Trading Details As of 01/19/22

Ticker KRMA
Bloomberg Index Ticker KRMATR
CUSIP 37954Y731
ISIN US37954Y7316
Primary Exchange Nasdaq
Shares Outstanding 20,710,000
Number of Holdings 181
30-Day Median Bid-Ask Spread 0.24%

Distributions As of 01/19/22

30-Day SEC Yield 0.91%
Distribution Frequency Semi-Annually

ETF Prices As of 01/19/22

NAV $32.51 Daily Change -$0.29 -0.87%
Market Price $32.45 Daily Change -$0.43 -1.31%

Performance History

As of recent month & quarter-end (12/31/21)
As of recent month & quarter-end (12/31/21)
Fund NAV Market Price Index
1 Year 27.82% 27.90% 28.22%
3 Years 24.86% 24.90% 25.31%
5 Years 18.32% 18.34% 18.84%
Since Inception 17.94% 17.98% 18.42%
1 Year 27.82% 27.90% 28.22%
3 Years 24.86% 24.90% 25.31%
5 Years 18.32% 18.34% 18.84%
Since Inception 17.94% 17.98% 18.42%
Year-to-Date 27.82% 27.90% 28.22%
1 Month 5.26% 5.41% 5.28%
3 Months 10.59% 11.10% 10.64%
Since Inception 146.65% 147.06% 152.47%
Year-to-Date 27.82% 27.90% 28.22%
1 Month 5.26% 5.41% 5.28%
3 Months 10.59% 11.10% 10.64%
Since Inception 146.65% 147.06% 152.47%

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.

Top Holdings As of 01/19/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.72 AAPL APPLE INC 2046251 166.23 231,584 38,496,208.32
4.99 MSFT MICROSOFT CORP 2588173 303.33 110,740 33,590,764.20
3.16 GOOGL ALPHABET INC-CL A BYVY8G0 2,702.33 7,867 21,259,230.11
2.63 AMZN AMAZON.COM INC 2000019 3,125.98 5,667 17,714,928.66
0.99 FB META PLATFORMS INC B7TL820 319.59 20,867 6,668,884.53
0.62 ON ON SEMICONDUCTOR 2583576 59.01 70,514 4,161,031.14
0.62 ANET ARISTA NETWORKS INC BN33VM5 125.31 33,204 4,160,793.24
0.61 VRTX VERTEX PHARM 2931034 230.84 17,738 4,094,639.92
0.60 PFE PFIZER INC 2684703 53.54 75,212 4,026,850.48
0.60 ABBV ABBVIE INC B92SR70 135.21 29,721 4,018,576.41
0.59 CHD CHURCH & DWIGHT CO INC 2195841 102.93 38,281 3,940,263.33
0.57 MKC MCCORMICK-N/V 2550161 96.06 40,187 3,860,363.22
0.56 HRL HORMEL FOODS CORP 2437264 49.15 77,275 3,798,066.25
0.56 SJM JM SMUCKER CO/THE 2951452 143.40 26,433 3,790,492.20
0.56 LRCX LAM RESEARCH CORP 2502247 642.73 5,840 3,753,543.20
0.56 COP CONOCOPHILLIPS 2685717 87.28 42,841 3,739,162.48
0.55 GWW WW GRAINGER INC 2380863 497.31 7,469 3,714,408.39
0.55 PG PROCTER & GAMBLE CO/THE 2704407 161.13 23,047 3,713,567.72
0.55 CVX CHEVRON CORP 2838555 128.91 28,799 3,712,479.09
0.55 CPB CAMPBELL SOUP CO 2162845 46.04 79,718 3,670,216.72
0.54 NEM NEWMONT CORP 2636607 64.95 56,345 3,659,607.75
0.54 TD TORONTO-DOMINION BANK 2042516 81.25 44,994 3,655,762.50
0.54 PGR PROGRESSIVE CORP 2705024 107.63 33,925 3,651,347.75
0.54 CLX CLOROX COMPANY 2204026 181.13 20,143 3,648,501.59
0.54 KO COCA-COLA CO/THE 2206657 61.00 59,663 3,639,443.00
0.54 CL COLGATE-PALMOLIVE CO 2209106 84.06 43,036 3,617,606.16
0.54 AFL AFLAC INC 2026361 62.76 57,460 3,606,189.60
0.53 CAT CATERPILLAR INC 2180201 221.66 16,203 3,591,556.98
0.53 DE DEERE & CO 2261203 375.90 9,553 3,590,972.70
0.53 GIS GENERAL MILLS INC 2367026 69.15 51,808 3,582,523.20
0.53 NVDA NVIDIA CORP 2379504 250.67 14,277 3,578,815.59
0.53 CI CIGNA CORP BHJ0775 238.80 14,984 3,578,179.20
0.53 EXC EXELON CORP 2670519 56.49 63,221 3,571,354.29
0.53 HSY HERSHEY CO/THE 2422806 199.64 17,870 3,567,566.80
0.53 PEP PEPSICO INC 2681511 175.21 20,320 3,560,267.20
0.53 WBA WALGREENS BOOTS BTN1Y44 53.53 66,271 3,547,486.63
0.53 CTSH COGNIZANT TECH-A 2257019 86.04 41,120 3,537,964.80
0.53 BMY BRISTOL-MYERS SQUIBB CO 2126335 64.72 54,584 3,532,676.48
0.52 REGN REGENERON PHARMACEUTICALS 2730190 618.11 5,699 3,522,608.89
0.52 INTC INTEL CORP 2463247 53.62 65,683 3,521,922.46
0.52 FDX FEDEX CORP 2142784 252.19 13,965 3,521,833.35
0.52 OMC OMNICOM GROUP 2279303 76.97 45,754 3,521,685.38
0.52 CHRW CH ROBINSON 2116228 107.51 32,597 3,504,503.47
0.52 ITW ILLINOIS TOOL WORKS 2457552 242.23 14,463 3,503,372.49
0.52 KMB KIMBERLY-CLARK CORP 2491839 142.68 24,429 3,485,529.72
0.52 K KELLOGG CO 2486813 66.60 52,254 3,480,116.40
0.52 FFIV F5 INC 2427599 222.80 15,612 3,478,353.60
0.52 T AT&T INC 2831811 27.28 127,333 3,473,644.24
0.52 AZO AUTOZONE INC 2065955 1,945.89 1,785 3,473,413.65
0.52 AMD ADVANCED MICRO DEVICES 2007849 128.27 27,048 3,469,446.96
0.52 PLD PROLOGIS INC B44WZD7 153.59 22,563 3,465,451.17
0.52 AMGN AMGEN INC 2023607 231.30 14,979 3,464,642.70
0.51 CSCO CISCO SYSTEMS INC 2198163 58.90 58,785 3,462,436.50
0.51 BDX BECTON DICKINSON AND CO 2087807 263.87 13,110 3,459,335.70
0.51 CME CME GROUP INC 2965839 229.62 14,882 3,417,204.84
0.51 AMAT APPLIED MATERIALS INC 2046552 143.07 23,778 3,401,918.46
0.51 WEC WEC ENERGY GROUP INC BYY8XK8 96.03 35,419 3,401,286.57
0.51 AKAM AKAMAI TECHNOLOGIES INC 2507457 113.17 30,017 3,397,023.89
0.50 CHH CHOICE HOTELS INTL INC 2106780 139.89 24,140 3,376,944.60
0.50 BWA BORGWARNER INC 2111955 46.48 72,059 3,349,302.32
0.50 ADP AUTOMATIC DATA PROCESSING 2065308 224.83 14,870 3,343,222.10
0.50 LOW LOWE'S COS INC 2536763 234.70 14,209 3,334,852.30
0.50 GILD GILEAD SCIENCES INC 2369174 69.07 48,267 3,333,801.69
0.49 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 180.45 18,407 3,321,543.15
0.49 JNJ JOHNSON & JOHNSON 2475833 166.58 19,875 3,310,777.50
0.49 BKNG BOOKING HOLDINGS INC BDRXDB4 2,377.09 1,389 3,301,778.01
0.49 OC OWENS CORNING B1FW7Q2 91.30 36,115 3,297,299.50
0.49 VZ VERIZON COMMUNIC 2090571 53.50 61,389 3,284,311.50
0.49 UNP UNION PACIFIC CORP 2914734 239.49 13,706 3,282,449.94
0.48 PKI PERKINELMER INC 2305844 176.73 18,422 3,255,720.06
0.48 MA MASTERCARD INC - A B121557 360.73 9,018 3,253,063.14
0.48 UPS UNITED PARCEL-B 2517382 203.76 15,964 3,252,824.64
0.48 FDS FACTSET RESEARCH 2329770 429.50 7,570 3,251,315.00
0.48 MRK MERCK & CO. INC. 2778844 81.29 39,992 3,250,949.68
0.48 LLY ELI LILLY & CO 2516152 245.05 13,260 3,249,363.00
0.48 NTRS NORTHERN TRUST CORP 2648668 125.84 25,799 3,246,546.16
0.48 CE CELANESE CORP B05MZT4 168.10 19,246 3,235,252.60
0.48 MTD METTLER-TOLEDO 2126249 1,469.07 2,199 3,230,484.93
0.48 MAR MARRIOTT INTL-A 2210614 154.20 20,938 3,228,639.60
0.48 EW EDWARDS LIFESCIENCES CORP 2567116 116.16 27,763 3,224,950.08
0.48 PRU PRUDENTIAL FINANCIAL INC 2819118 113.19 28,462 3,221,613.78
0.48 MMM 3M CO 2595708 178.48 17,992 3,211,212.16
0.48 CDW CDW CORP/DE BBM5MD6 189.40 16,942 3,208,814.80
0.48 SYY SYSCO CORP 2868165 77.69 41,279 3,206,965.51
0.48 DUK DUKE ENERGY CORP B7VD3F2 102.17 31,281 3,195,979.77
0.47 COST COSTCO WHOLESALE CORP 2701271 490.16 6,512 3,191,921.92
0.47 BSX BOSTON SCIENTIFIC CORP 2113434 44.05 72,422 3,190,189.10
0.47 PAYX PAYCHEX INC 2674458 121.27 26,269 3,185,641.63
0.47 NEE NEXTERA ENERGY INC 2328915 82.59 38,510 3,180,540.90
0.47 APD AIR PRODS & CHEM 2011602 285.57 11,115 3,174,110.55
0.47 TMO THERMO FISHER 2886907 593.37 5,348 3,173,342.76
0.47 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 244.25 12,988 3,172,319.00
0.47 BAC BANK OF AMERICA CORP 2295677 46.44 68,271 3,170,505.24
0.47 SNPS SYNOPSYS INC 2867719 312.14 10,124 3,160,105.36
0.47 GM GENERAL MOTORS CO B665KZ5 56.24 56,097 3,154,895.28
0.47 RSG REPUBLIC SERVICES INC 2262530 129.15 24,389 3,149,839.35
0.47 ECL ECOLAB INC 2304227 214.80 14,657 3,148,323.60
0.47 LFUS LITTELFUSE INC 2531832 286.49 10,981 3,145,946.69
0.47 EXPD EXPEDITORS INTL WASH INC 2325507 119.02 26,420 3,144,508.40
0.47 HON HONEYWELL INTL 2020459 210.73 14,918 3,143,670.14
0.47 ROK ROCKWELL AUTOMATION INC 2754060 315.63 9,955 3,142,096.65
0.47 SWK STANLEY BLACK & B3Q2FJ4 182.18 17,233 3,139,507.94
0.47 ACN ACCENTURE PLC-CL A B4BNMY3 343.74 9,123 3,135,940.02
0.47 WHR WHIRLPOOL CORP 2960384 206.87 15,156 3,135,321.72
0.46 ABT ABBOTT LABORATORIES 2002305 126.05 24,800 3,126,040.00
0.46 VFC VF CORP 2928683 70.41 44,372 3,124,232.52
0.46 PNC PNC FINANCIAL SE 2692665 208.52 14,979 3,123,421.08
0.46 FISV FISERV INC 2342034 106.05 29,447 3,122,854.35
0.46 IFF INTL FLAVORS & FRAGRANCES 2464165 139.38 22,368 3,117,651.84
0.46 ZTS ZOETIS INC B95WG16 200.58 15,478 3,104,577.24
0.46 JKHY JACK HENRY 2469193 166.42 18,636 3,101,403.12
0.46 CMI CUMMINS INC 2240202 231.10 13,399 3,096,508.90
0.46 DRI DARDEN RESTAURANTS INC 2289874 138.56 22,316 3,092,104.96
0.46 DGX QUEST DIAGNOSTICS INC 2702791 138.98 22,196 3,084,800.08
0.46 CBRE CBRE GROUP INC - A B6WVMH3 98.89 31,188 3,084,181.32
0.46 HD HOME DEPOT INC 2434209 359.69 8,571 3,082,902.99
0.46 HIG HARTFORD FINL SV 2476193 70.46 43,734 3,081,497.64
0.46 WM WASTE MANAGEMENT INC 2937667 155.08 19,793 3,069,498.44
0.46 ALL ALLSTATE CORP 2019952 120.93 25,347 3,065,212.71
0.45 ILMN ILLUMINA INC 2613990 384.36 7,953 3,056,815.08
0.45 SYK STRYKER CORP 2853688 258.30 11,807 3,049,748.10
0.45 MS MORGAN STANLEY 2262314 95.73 31,808 3,044,979.84
0.45 IQV IQVIA HOLDINGS INC BDR73G1 240.28 12,610 3,029,930.80
0.45 LUV SOUTHWEST AIRLINES CO 2831543 44.43 68,188 3,029,592.84
0.45 VRSK VERISK ANALYTICS INC B4P9W92 199.86 15,147 3,027,279.42
0.45 V VISA INC-CLASS A SHARES B2PZN04 214.68 14,063 3,019,044.84
0.45 CMCSA COMCAST CORP-CLASS A 2044545 50.33 59,898 3,014,666.34
0.45 OKE ONEOK INC 2130109 60.21 50,004 3,010,740.84
0.45 INTU INTUIT INC 2459020 545.35 5,520 3,010,332.00
0.45 SHAK SHAKE SHACK INC - CLASS A BV0LCR0 65.37 45,928 3,002,313.36
0.45 JLL JONES LANG LASALLE INC 2040640 243.28 12,322 2,997,696.16
0.44 EL ESTEE LAUDER 2320524 309.52 9,637 2,982,844.24
0.44 AWK AMERICAN WATER W B2R3PV1 161.02 18,479 2,975,488.58
0.44 ADI ANALOG DEVICES INC 2032067 163.06 18,220 2,970,953.20
0.44 USB US BANCORP 2736035 57.37 51,670 2,964,307.90
0.44 BLK BLACKROCK INC 2494504 825.50 3,570 2,947,035.00
0.44 TTWO TAKE-TWO INTERAC 2122117 163.36 17,997 2,939,989.92
0.44 SPGI S&P GLOBAL INC BYV2325 422.95 6,922 2,927,659.90
0.43 TMUS T-MOBILE US INC B94Q9V0 105.38 27,748 2,924,084.24
0.43 C CITIGROUP INC 2297907 64.24 45,504 2,923,176.96
0.43 COF CAPITAL ONE FINA 2654461 151.61 19,280 2,923,040.80
0.43 EQIX EQUINIX INC BVLZX12 730.49 3,964 2,895,662.36
0.43 WDAY WORKDAY INC-CLASS A B8K6ZD1 249.46 11,585 2,889,994.10
0.43 NKE NIKE INC -CL B 2640147 145.11 19,903 2,888,124.33
0.43 A AGILENT TECHNOLOGIES INC 2520153 140.43 20,528 2,882,747.04
0.43 WAT WATERS CORP 2937689 324.46 8,866 2,876,662.36
0.43 TYL TYLER TECHNOLOGIES INC 2909644 466.74 6,156 2,873,251.44
0.43 DIS WALT DISNEY CO/THE 2270726 150.11 19,111 2,868,752.21
0.42 MCO MOODY'S CORP 2252058 346.63 8,221 2,849,645.23
0.42 TGT TARGET CORP 2259101 223.84 12,655 2,832,695.20
0.42 BIIB BIOGEN INC 2455965 230.81 12,271 2,832,269.51
0.42 AMT AMERICAN TOWER CORP B7FBFL2 249.00 11,348 2,825,652.00
0.42 TXN TEXAS INSTRUMENTS INC 2885409 178.30 15,756 2,809,294.80
0.42 JPM JPMORGAN CHASE & CO 2190385 148.93 18,860 2,808,819.80
0.42 ISRG INTUITIVE SURGICAL INC 2871301 293.46 9,548 2,801,956.08
0.42 OLED UNIVERSAL DISPLAY CORP 2277880 149.31 18,726 2,795,979.06
0.42 AXP AMERICAN EXPRESS CO 2026082 161.39 17,291 2,790,594.49
0.41 TRMB TRIMBLE INC 2903958 73.94 37,277 2,756,261.38
0.41 ORCL ORACLE CORP 2661568 83.38 32,999 2,751,456.62
0.41 SBUX STARBUCKS CORP 2842255 96.87 28,379 2,749,073.73
0.41 XYL XYLEM INC B3P2CN8 108.51 25,162 2,730,328.62
0.40 BBY BEST BUY CO INC 2094670 99.35 27,408 2,722,984.80
0.40 ADSK AUTODESK INC 2065159 254.35 10,517 2,674,998.95
0.39 TROW T ROWE PRICE GROUP INC 2702337 167.79 15,717 2,637,155.43
0.39 MTN VAIL RESORTS INC 2954194 287.84 9,121 2,625,388.64
0.38 LULU LULULEMON ATHLETICA INC B23FN39 330.95 7,728 2,557,581.60
0.38 HUM HUMANA INC 2445063 377.84 6,753 2,551,553.52
0.37 EBAY EBAY INC 2293819 62.29 40,246 2,506,923.34
0.37 CRM SALESFORCE.COM INC 2310525 226.27 11,067 2,504,130.09
0.37 NFLX NETFLIX INC 2857817 515.86 4,851 2,502,436.86
0.37 ADBE ADOBE INC 2008154 516.58 4,806 2,482,683.48
0.37 IDXX IDEXX LABORATORIES INC 2459202 519.13 4,769 2,475,730.97
0.35 PYPL PAYPAL HOLDINGS INC BYW36M8 173.55 13,553 2,352,123.15
0.35 ZEN ZENDESK INC BMH0MR7 97.57 24,047 2,346,265.79
0.35 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 1,030.95 2,268 2,338,194.60
0.32 ETSY ETSY INC BWTN5N1 163.14 13,369 2,181,018.66
0.30 PAYC PAYCOM SOFTWARE INC BL95MY0 329.76 6,068 2,000,983.68
0.27 HUBS HUBSPOT INC BR4T3B3 452.96 3,996 1,810,028.16
0.24 DELL DELL TECHNOLOGIES -C BHKD3S6 57.96 28,380 1,644,904.80
0.24 SQ BLOCK INC BYNZGK1 128.14 12,793 1,639,295.02
0.23 VMW VMWARE INC-CLASS A B23SN61 124.21 12,447 1,546,041.87
0.00 CASH 1.00 5,160 5,160.12
Holdings are subject to change.

Sector Breakdown As of 12/31/21

Sector Weight (%)
Information Technology 30.3
Health Care 14.1
Consumer Discretionary 11.8
Industrials 9.4
Financials 9.2
Consumer Staples 9.0
Communication 7.7
Utilities 2.5
Real Estate 2.4
Materials 2.4
Energy 1.3

Source: AltaVista Research, LLC

ETF Characteristics As of 01/19/22

Return on Equity 22.70%
Weighted Avg. Market Cap 528,770 M
2020 2021
Price-to-earnings 28.31 21.29
Price-to-book value 5.26 4.47

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/19/22

Versus Beta
S&P 500 1.04
MSCI EAFE 0.95
MSCI Emg. Mkts 0.75
Standard Deviation 18.20%

Source: AltaVista Research, LLC

ETF Research

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The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Read MoreExchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 12/31, KRMA was rated against the following number of Large Blend funds over the following time periods: 1,244 during the last 3 years, 1,109 during the last 5 years. With respect to these Large Blend funds, KRMA received a Morningstar Rating of 3 and 4 stars, respectively. Past performance is not indicative of future results.

© 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal. KRMA may underperform other similar funds that do not consider conscious company guidelines when making investment decisions.

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 Concinnity, nor does Concinnity 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 Concinnity.