Global X Emerging Markets
Bond ETF (ticker: EMBD) |
Global X China Innovation
ETF (ticker: KEJI) |
Table
of Contents |
Schedules of Investments |
|
Global X Emerging Markets
Bond ETF |
1 |
Global X China Innovation
ETF |
16 |
Statements of Assets and Liabilities |
19 |
Statements of Operations |
20 |
Statements of Changes in Net Assets |
21 |
Financial Highlights |
23 |
Notes to Financial Statements |
25 |
Disclosure of Fund Expenses |
40 |
Liquidity Risk Management Program |
42 |
Supplemental Information |
43 |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
SOVEREIGN DEBT —
58.2% |
||||||||
Angola — 0.9% |
||||||||
Angolan
Government International Bond |
||||||||
8.750%, 04/14/32 |
$ |
1,000,000 |
$ |
942,820 |
||||
Argentina — 1.4% |
||||||||
Argentine
Republic Government International Bond |
||||||||
2.500%,
3.500%, 07/09/22, 07/09/41(A) |
1,400,000 |
452,441 |
||||||
2.000%,
3.875%, 07/09/22, 01/09/38(A) |
2,000,000 |
698,480 |
||||||
1.125%,
1.500%, 07/09/22, 07/09/35(A) |
1,700,000 |
461,822 |
||||||
1,612,743 |
||||||||
Bahrain — 0.4% |
||||||||
Bahrain
Government International Bond |
||||||||
6.750%, 09/20/29 |
200,000 |
202,258 |
||||||
Bahrain
Government International Bond MTN |
||||||||
5.250%, 01/25/33 |
300,000 |
266,250 |
||||||
468,508 |
||||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
SOVEREIGN
DEBT — continued |
||||||||
Brazil
— 3.8% |
||||||||
Brazilian
Government International Bond |
||||||||
5.625%, 02/21/47 |
$ |
200,000 |
$ |
171,617 |
||||
4.625%, 01/13/28 |
400,000 |
391,300 |
||||||
4.500%, 05/30/29 |
2,000,000 |
1,897,892 |
||||||
3.875%, 06/12/30 |
1,600,000 |
1,432,838 |
||||||
2.875%, 06/06/25 |
200,000 |
192,963 |
||||||
4,086,610 |
||||||||
Chile — 4.0% |
||||||||
Chile
Government International Bond |
||||||||
4.000%, 01/31/52 |
300,000 |
262,518 |
||||||
3.500%, 01/31/34 |
1,000,000 |
924,448 |
||||||
3.500%, 01/25/50 |
400,000 |
326,352 |
||||||
3.240%, 02/06/28 |
1,400,000 |
1,357,143 |
||||||
2.750%, 01/31/27 |
1,600,000 |
1,532,458 |
||||||
4,402,919 |
||||||||
Colombia — 3.0% |
||||||||
Colombia
Government International Bond |
||||||||
5.200%, 05/15/49 |
800,000 |
626,733 |
||||||
5.000%, 06/15/45 |
800,000 |
619,785 |
||||||
4.125%, 05/15/51 |
1,000,000 |
701,207 |
||||||
4.125%, 02/22/42 |
200,000 |
145,789 |
||||||
3.250%, 04/22/32 |
600,000 |
481,751 |
||||||
3.125%, 04/15/31 |
1,000,000 |
809,999 |
||||||
3,385,264 |
||||||||
Dominican Republic — 2.8% |
||||||||
Dominican
Republic International Bond |
||||||||
6.850%, 01/27/45 |
400,000 |
358,592 |
||||||
6.500%, 02/15/48 |
400,000 |
342,716 |
||||||
6.400%, 06/05/49 |
400,000 |
338,493 |
||||||
6.000%, 07/19/28 |
200,000 |
196,417 |
||||||
5.950%, 01/25/27 |
400,000 |
398,910 |
||||||
5.875%, 01/30/60 |
200,000 |
155,509 |
||||||
4.875%, 09/23/32 |
700,000 |
602,730 |
||||||
4.500%, 01/30/30 |
800,000 |
700,043 |
||||||
3,093,410 |
||||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
SOVEREIGN DEBT —
continued |
||||||||
Ecuador — 1.0% |
||||||||
Ecuador
Government International Bond |
||||||||
1.000%,
2.500%, 07/31/22, 07/31/35(A) |
$ |
600,000 |
$ |
383,285 |
||||
0.500%,
1.500%, 07/31/22, 07/31/40(A) |
1,200,000 |
656,867 |
||||||
1,040,152 |
||||||||
Egypt — 1.8% |
||||||||
Egypt
Government International Bond |
||||||||
8.875%, 05/29/50 |
700,000 |
514,178 |
||||||
8.700%, 03/01/49 |
800,000 |
587,024 |
||||||
7.903%, 02/21/48 |
600,000 |
422,629 |
||||||
7.625%, 05/29/32 |
200,000 |
159,744 |
||||||
Egypt
Government International Bond MTN |
||||||||
5.875%, 02/16/31 |
400,000 |
301,492 |
||||||
1,985,067 |
||||||||
El Salvador — 0.1% |
||||||||
El
Salvador Government International Bond |
||||||||
7.125%, 01/20/50(B) |
200,000 |
76,002 |
||||||
Ghana — 0.6% |
||||||||
Ghana
Government International Bond |
||||||||
8.950%, 03/26/51 |
400,000 |
203,784 |
||||||
8.627%, 06/16/49 |
600,000 |
301,294 |
||||||
8.125%, 03/26/32 |
200,000 |
106,220 |
||||||
611,298 |
||||||||
Hungary — 0.6% |
||||||||
Hungary
Government International Bond |
||||||||
5.375%, 03/25/24 |
400,000 |
410,600 |
||||||
3.125%, 09/21/51 |
200,000 |
134,980 |
||||||
2.125%, 09/22/31 |
200,000 |
161,120 |
||||||
706,700 |
||||||||
India — 0.4% |
||||||||
Export-Import
Bank of India |
||||||||
3.875%, 02/01/28 |
400,000 |
385,256 |
||||||
Indonesia — 1.7% |
||||||||
Indonesia
Government International Bond |
||||||||
4.200%, 10/15/50 |
500,000 |
453,052 |
||||||
2.950%, 01/11/23 |
200,000 |
199,850 |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
SOVEREIGN DEBT —
continued |
||||||||
Indonesia — continued |
||||||||
Indonesia
Government International Bond MTN |
||||||||
5.125%, 01/15/45 |
$ |
1,000,000 |
$ |
1,008,634 |
||||
Perusahaan
Penerbit SBSN Indonesia III |
||||||||
4.400%, 06/06/27 |
200,000 |
201,750 |
||||||
1,863,286 |
||||||||
Ivory Coast — 1.0% |
||||||||
Ivory
Coast Government International Bond |
||||||||
6.125%, 06/15/33 |
1,200,000 |
1,072,368 |
||||||
Jordan — 0.4% |
||||||||
Jordan
Government International Bond |
||||||||
5.750%, 01/31/27 |
400,000 |
380,500 |
||||||
Kenya — 0.5% |
||||||||
Kenya
Government International Bond |
||||||||
8.250%, 02/28/48 |
400,000 |
310,200 |
||||||
6.875%, 06/24/24 |
200,000 |
186,162 |
||||||
496,362 |
||||||||
Kuwait — 0.6% |
||||||||
Kuwait
International Government Bond |
||||||||
3.500%, 03/20/27 |
600,000 |
611,250 |
||||||
Mexico — 1.7% |
||||||||
Mexico
Government International Bond |
||||||||
5.000%, 04/27/51 |
600,000 |
544,414 |
||||||
4.750%, 04/27/32 |
600,000 |
602,462 |
||||||
3.750%, 01/11/28 |
400,000 |
393,206 |
||||||
2.659%, 05/24/31 |
200,000 |
172,428 |
||||||
1,712,510 |
||||||||
Morocco — 1.3% |
||||||||
Morocco
Government International Bond |
||||||||
4.000%, 12/15/50 |
1,000,000 |
693,700 |
||||||
3.000%, 12/15/32 |
200,000 |
156,250 |
||||||
2.375%, 12/15/27 |
800,000 |
685,936 |
||||||
1,535,886 |
||||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
SOVEREIGN DEBT —
continued |
||||||||
Nigeria — 0.6% |
||||||||
Nigeria
Government International Bond |
||||||||
9.248%, 01/21/49 |
$ |
600,000 |
$ |
489,000 |
||||
Nigeria
Government International Bond MTN |
||||||||
7.625%, 11/28/47 |
200,000 |
144,000 |
||||||
633,000 |
||||||||
Oman — 2.0% |
||||||||
Oman
Government International Bond |
||||||||
6.750%, 01/17/48 |
400,000 |
373,500 |
||||||
6.250%, 01/25/31 |
600,000 |
616,932 |
||||||
5.625%, 01/17/28 |
500,000 |
502,970 |
||||||
Oman
Government International Bond MTN |
||||||||
6.000%, 08/01/29 |
600,000 |
609,840 |
||||||
2,103,242 |
||||||||
Panama — 2.6% |
||||||||
Panama
Government International Bond |
||||||||
4.500%, 05/15/47 |
200,000 |
176,703 |
||||||
4.500%, 04/01/56 |
1,000,000 |
856,719 |
||||||
3.875%, 03/17/28 |
500,000 |
488,793 |
||||||
3.870%, 07/23/60 |
1,200,000 |
917,076 |
||||||
3.750%, 03/16/25 |
400,000 |
400,907 |
||||||
2,840,198 |
||||||||
Paraguay — 0.6% |
||||||||
Paraguay
Government International Bond |
||||||||
5.000%, 04/15/26 |
200,000 |
201,523 |
||||||
4.950%, 04/28/31 |
400,000 |
389,557 |
||||||
591,080 |
||||||||
Peru — 2.7% |
||||||||
Peruvian
Government International Bond |
||||||||
8.750%, 11/21/33 |
600,000 |
794,006 |
||||||
5.625%, 11/18/50 |
200,000 |
221,767 |
||||||
4.125%, 08/25/27 |
1,000,000 |
1,001,066 |
||||||
3.550%, 03/10/51 |
200,000 |
161,925 |
||||||
3.000%, 01/15/34 |
200,000 |
172,032 |
||||||
2.783%, 01/23/31 |
800,000 |
706,067 |
||||||
3,056,863 |
||||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
SOVEREIGN DEBT —
continued |
||||||||
Philippines — 0.5% |
||||||||
Philippine
Government International Bond |
||||||||
6.375%, 10/23/34 |
$ |
200,000 |
$ |
235,976 |
||||
3.700%, 02/02/42 |
400,000 |
357,080 |
||||||
593,056 |
||||||||
Qatar — 5.4% |
||||||||
Qatar
Government International Bond |
||||||||
4.817%, 03/14/49 |
800,000 |
860,928 |
||||||
4.500%, 04/23/28 |
800,000 |
848,960 |
||||||
4.400%, 04/16/50 |
1,400,000 |
1,423,520 |
||||||
4.000%, 03/14/29 |
600,000 |
622,492 |
||||||
3.875%, 04/23/23 |
600,000 |
606,240 |
||||||
3.750%, 04/16/30 |
200,000 |
204,579 |
||||||
3.400%, 04/16/25 |
1,200,000 |
1,209,108 |
||||||
5,775,827 |
||||||||
Romania — 1.5% |
||||||||
Romanian
Government International Bond |
||||||||
4.000%, 02/14/51 |
600,000 |
460,380 |
||||||
3.000%, 02/14/31 |
1,000,000 |
844,060 |
||||||
3.000%, 02/27/27 |
300,000 |
276,226 |
||||||
1,580,666 |
||||||||
Saudi Arabia — 2.0% |
||||||||
Saudi
Government International Bond |
||||||||
4.375%, 04/16/29 |
200,000 |
210,000 |
||||||
Saudi
Government International Bond MTN |
||||||||
4.500%, 04/17/30 |
400,000 |
424,800 |
||||||
4.000%, 04/17/25 |
400,000 |
408,736 |
||||||
3.750%, 01/21/55 |
200,000 |
174,580 |
||||||
3.250%, 10/26/26 |
600,000 |
599,676 |
||||||
2.250%, 02/02/33 |
200,000 |
175,015 |
||||||
1,992,807 |
||||||||
Senegal — 1.1% |
||||||||
Senegal
Government International Bond |
||||||||
6.750%, 03/13/48 |
800,000 |
616,976 |
||||||
6.250%, 05/23/33 |
600,000 |
525,300 |
||||||
1,142,276 |
||||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
SOVEREIGN DEBT —
continued |
||||||||
South Africa — 2.3% |
||||||||
Republic
of South Africa Government International Bond |
||||||||
7.300%, 04/20/52 |
$ |
500,000 |
$ |
470,530 |
||||
4.850%, 09/30/29 |
1,000,000 |
928,920 |
||||||
4.850%, 09/27/27 |
600,000 |
585,000 |
||||||
4.300%, 10/12/28 |
600,000 |
553,792 |
||||||
2,538,242 |
||||||||
South Korea — 2.4% |
||||||||
Export-Import
Bank of Korea |
||||||||
2.425%,
ICE LIBOR USD 3 Month + 1.200%, 04/27/23(C) |
1,000,000 |
1,007,910 |
||||||
Korea
Development Bank |
||||||||
0.654%,
U.S. SOFR + 0.250%, 03/09/24(C) |
700,000 |
698,621 |
||||||
Korea
Development Bank MTN |
||||||||
1.805%,
ICE LIBOR USD 3 Month + 0.350%, 02/18/23(C) |
1,000,000 |
1,000,948 |
||||||
2,707,479 |
||||||||
Sri Lanka — 0.3% |
||||||||
Sri
Lanka Government International Bond |
||||||||
7.550%, 03/28/30 |
400,000 |
153,996 |
||||||
6.750%, 04/18/28 |
600,000 |
231,040 |
||||||
385,036 |
||||||||
Turkey — 2.3% |
||||||||
Turkey
Government International Bond |
||||||||
6.625%, 02/17/45 |
200,000 |
150,800 |
||||||
6.125%, 10/24/28 |
200,000 |
172,487 |
||||||
5.750%, 05/11/47 |
600,000 |
411,024 |
||||||
5.600%, 11/14/24 |
400,000 |
374,200 |
||||||
5.250%, 03/13/30 |
600,000 |
474,272 |
||||||
5.125%, 02/17/28 |
800,000 |
664,784 |
||||||
4.750%, 01/26/26 |
400,000 |
350,052 |
||||||
2,597,619 |
||||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
SOVEREIGN DEBT —
continued |
||||||||
Ukraine — 0.7% |
||||||||
Ukraine
Government International Bond |
||||||||
7.750%, 09/01/26 |
$ |
400,000 |
$ |
153,904 |
||||
7.750%, 09/01/24 |
400,000 |
157,000 |
||||||
7.375%, 09/25/32 |
1,000,000 |
359,140 |
||||||
7.253%, 03/15/33 |
600,000 |
215,580 |
||||||
885,624 |
||||||||
United Arab Emirates — 2.4% |
||||||||
Abu
Dhabi Government International Bond |
||||||||
3.125%, 10/11/27 |
600,000 |
600,932 |
||||||
3.125%, 09/30/49 |
200,000 |
165,711 |
||||||
Abu
Dhabi Government International Bond MTN |
||||||||
2.500%, 04/16/25 |
1,000,000 |
984,388 |
||||||
Finance
Department Government of Sharjah MTN |
||||||||
4.375%, 03/10/51 |
1,000,000 |
744,776 |
||||||
2,495,807 |
||||||||
Uruguay — 0.2% |
||||||||
Uruguay
Government International Bond |
||||||||
4.375%, 01/23/31 |
200,000 |
208,450 |
||||||
Vietnam — 0.6% |
||||||||
Vietnam
Government International Bond |
||||||||
4.800%, 11/19/24 |
600,000 |
606,752 |
||||||
TOTAL SOVEREIGN DEBT |
||||||||
(Cost $72,938,761) |
63,202,935 |
|||||||
CORPORATE OBLIGATIONS —
34.7% |
||||||||
Brazil — 0.9% |
||||||||
Consumer Discretionary —
0.9% |
||||||||
B2W Digital Lux
Sarl |
||||||||
4.375%, 12/20/30 |
800,000 |
644,408 |
||||||
Iochpe-Maxion Austria
GmbH |
||||||||
5.000%, 05/07/28 |
400,000 |
348,604 |
||||||
993,012 |
||||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
CORPORATE OBLIGATIONS —
continued |
||||||||
Chile — 1.4% |
||||||||
Consumer Staples —
0.3% |
||||||||
Agrosuper |
||||||||
4.600%, 01/20/32 |
$ |
300,000 |
$ |
267,000 |
||||
Energy — 0.3% |
||||||||
Empresa Nacional del
Petroleo |
||||||||
4.500%, 09/14/47 |
400,000 |
310,504 |
||||||
Materials — 0.8% |
||||||||
Nacional del Cobre de
Chile |
||||||||
3.000%, 09/30/29 |
1,000,000 |
899,560 |
||||||
China — 0.7% |
||||||||
Communication Services —
0.7% |
||||||||
Prosus |
||||||||
4.987%, 01/19/52 |
500,000 |
389,072 |
||||||
3.832%, 02/08/51 |
500,000 |
333,116 |
||||||
722,188 |
||||||||
Colombia — 1.0% |
||||||||
Energy — 0.8% |
||||||||
Ecopetrol |
||||||||
5.875%, 05/28/45 |
1,100,000 |
896,599 |
||||||
Utilities — 0.2% |
||||||||
Promigas ESP |
||||||||
3.750%, 10/16/29 |
200,000 |
171,002 |
||||||
India — 0.4% |
||||||||
Utilities — 0.4% |
||||||||
Adani Renewable Energy
RJ MTN |
||||||||
4.625%, 10/15/39 |
550,500 |
443,152 |
||||||
Indonesia — 2.9% |
||||||||
Energy — 0.2% |
||||||||
Pertamina Persero
MTN |
||||||||
6.450%, 05/30/44 |
200,000 |
214,238 |
||||||
Materials — 2.5% |
||||||||
Freeport
Indonesia |
||||||||
6.200%, 04/14/52 |
1,000,000 |
946,890 |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
CORPORATE OBLIGATIONS —
continued |
||||||||
Materials —
continued |
||||||||
Freeport Indonesia
MTN |
||||||||
5.315%, 04/14/32 |
$ |
250,000 |
$ |
242,950 |
||||
Indonesia Asahan
Aluminium Persero |
||||||||
6.530%, 11/15/28 |
1,000,000 |
1,070,590 |
||||||
4.750%, 05/15/25 |
400,000 |
400,000 |
||||||
2,660,430 |
||||||||
Utilities — 0.2% |
||||||||
Perusahaan Perseroan
Persero Perusahaan Listrik Negara MTN |
||||||||
4.125%, 05/15/27 |
200,000 |
196,494 |
||||||
Israel — 0.9% |
||||||||
Materials — 0.9% |
||||||||
ICL Group |
||||||||
6.375%, 05/31/38(B) |
900,000 |
938,250 |
||||||
Kazakhstan — 0.9% |
||||||||
Energy — 0.9% |
||||||||
Tengizchevroil Finance
International |
||||||||
4.000%, 08/15/26 |
400,000 |
356,000 |
||||||
3.250%, 08/15/30 |
800,000 |
640,392 |
||||||
996,392 |
||||||||
Malaysia — 1.7% |
||||||||
Energy — 1.7% |
||||||||
Petronas Capital
MTN |
||||||||
4.550%, 04/21/50 |
1,200,000 |
1,190,595 |
||||||
3.500%, 04/21/30 |
500,000 |
481,485 |
||||||
3.500%, 03/18/25 |
200,000 |
200,450 |
||||||
1,872,530 |
||||||||
Mexico — 6.1% |
||||||||
Communication Services —
0.5% |
||||||||
America Movil |
||||||||
5.375%, 04/04/32 |
600,000 |
570,522 |
||||||
Consumer Staples —
1.6% |
||||||||
Fomento Economico
Mexicano |
||||||||
3.500%, 01/16/50 |
1,400,000 |
1,157,800 |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
CORPORATE OBLIGATIONS —
continued |
||||||||
Consumer Staples —
continued |
||||||||
Grupo Bimbo |
||||||||
4.700%, 11/10/47 |
$ |
600,000 |
$ |
570,858 |
||||
1,728,658 |
||||||||
Energy — 2.9% |
||||||||
Petroleos
Mexicanos |
||||||||
7.690%, 01/23/50 |
1,000,000 |
775,000 |
||||||
6.840%, 01/23/30 |
400,000 |
359,400 |
||||||
6.500%, 01/23/29 |
800,000 |
723,432 |
||||||
6.350%, 02/12/48 |
200,000 |
140,480 |
||||||
5.950%, 01/28/31 |
1,400,000 |
1,171,660 |
||||||
3,169,972 |
||||||||
Industrials —
0.2% |
||||||||
Mexico City Airport
Trust |
||||||||
3.875%, 04/30/28 |
200,000 |
179,166 |
||||||
Materials — 0.6% |
||||||||
Orbia Advance |
||||||||
2.875%, 05/11/31 |
800,000 |
658,000 |
||||||
Utilities — 0.3% |
||||||||
Comision Federal de
Electricidad |
||||||||
3.875%, 07/26/33 |
400,000 |
319,504 |
||||||
Morocco — 1.0% |
||||||||
Materials — 1.0% |
||||||||
OCP |
||||||||
6.875%, 04/25/44 |
400,000 |
369,286 |
||||||
5.125%, 06/23/51 |
1,000,000 |
743,000 |
||||||
1,112,286 |
||||||||
Panama — 0.3% |
||||||||
Industrials —
0.3% |
||||||||
Aeropuerto Internacional
de Tocumen |
||||||||
5.125%, 08/11/61 |
400,000 |
334,846 |
||||||
Peru — 3.3% |
||||||||
Consumer Staples —
0.3% |
||||||||
InRetail
Consumer |
||||||||
3.250%, 03/22/28 |
400,000 |
345,984 |
||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
CORPORATE OBLIGATIONS —
continued |
||||||||
Energy — 1.1% |
||||||||
Transportadora de Gas
del Peru |
||||||||
4.250%, 04/30/28 |
$ |
1,200,000 |
$ |
1,145,820 |
||||
Financials — 0.5% |
||||||||
Intercorp Peru |
||||||||
3.875%, 08/15/29 |
600,000 |
528,006 |
||||||
Utilities — 1.4% |
||||||||
Consorcio
Transmantaro |
||||||||
5.200%, 04/11/38 |
600,000 |
562,500 |
||||||
4.700%, 04/16/34 |
800,000 |
754,000 |
||||||
Kallpa
Generacion |
||||||||
4.125%, 08/16/27 |
200,000 |
187,250 |
||||||
1,503,750 |
||||||||
Saudi Arabia — 3.2% |
||||||||
Energy — 2.6% |
||||||||
EIG Pearl Holdings
Sarl |
||||||||
4.387%, 11/30/46 |
1,200,000 |
1,006,366 |
||||||
Saudi Arabian
Oil |
||||||||
1.625%, 11/24/25 |
400,000 |
375,000 |
||||||
Saudi Arabian Oil
MTN |
||||||||
3.500%, 04/16/29 |
800,000 |
785,984 |
||||||
2.875%, 04/16/24 |
800,000 |
793,184 |
||||||
2,960,534 |
||||||||
Utilities — 0.6% |
||||||||
Acwa Power Management
And Investments One |
||||||||
5.950%, 12/15/39 |
598,860 |
617,856 |
||||||
South Africa — 2.6% |
||||||||
Materials — 1.3% |
||||||||
AngloGold Ashanti
Holdings |
||||||||
3.375%, 11/01/28 |
800,000 |
703,915 |
||||||
Sasol Financing
USA |
||||||||
5.500%, 03/18/31 |
800,000 |
697,600 |
||||||
1,401,515 |
||||||||
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
CORPORATE OBLIGATIONS —
continued |
||||||||
Utilities — 1.3% |
||||||||
Eskom Holdings SOC
MTN |
||||||||
6.350%, 08/10/28 |
$ |
1,400,000 |
$ |
1,374,870 |
||||
Thailand — 0.8% |
||||||||
Materials — 0.8% |
||||||||
GC Treasury Center
MTN |
||||||||
5.200%, 03/30/52 |
600,000 |
550,670 |
||||||
2.980%, 03/18/31 |
400,000 |
343,199 |
||||||
893,869 |
||||||||
United Arab Emirates — 3.7% |
||||||||
Financials — 1.9% |
||||||||
First Abu Dhabi Bank
PJSC MTN |
||||||||
2.221%,
ICE LIBOR USD 3 Month + 0.850%, 08/08/23(C) |
1,800,000 |
1,799,525 |
||||||
1.886%,
ICE LIBOR USD 3 Month + 0.900%, 07/08/24(C) |
200,000 |
199,742 |
||||||
1,999,267 |
||||||||
Government — 0.3% |
||||||||
Sharjah Sukuk
Program |
||||||||
3.234%, 10/23/29 |
400,000 |
369,208 |
||||||
Industrials —
1.5% |
||||||||
DP World
Crescent |
||||||||
3.908%, 05/31/23 |
200,000 |
200,548 |
||||||
DP World Crescent
MTN |
||||||||
4.848%, 09/26/28 |
400,000 |
404,000 |
||||||
DP World MTN |
||||||||
4.700%, 09/30/49 |
1,200,000 |
1,003,800 |
||||||
1,608,348 |
||||||||
United States — 2.9% |
||||||||
Financials — 2.6% |
||||||||
Goldman Sachs
Group |
||||||||
2.255%,
ICE LIBOR USD 3 Month + 0.750%, 02/23/23(C) |
1,100,000 |
1,098,087 |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Face
Amount |
Value |
|||||||
CORPORATE OBLIGATIONS —
continued |
||||||||
Financials —
continued |
||||||||
Morgan Stanley
MTN |
||||||||
2.591%,
ICE LIBOR USD 3 Month + 1.220%, 05/08/24(C) |
$ |
800,000 |
$ |
803,504 |
||||
2.584%,
ICE LIBOR USD 3 Month + 1.400%, 10/24/23(C) |
1,000,000 |
1,002,831 |
||||||
2,904,422 |
||||||||
Materials — 0.3% |
||||||||
GCC |
||||||||
3.614%, 04/20/32 |
400,000 |
348,880 |
||||||
TOTAL CORPORATE OBLIGATIONS |
||||||||
(Cost $41,858,221) |
37,656,634 |
|||||||
U.S. TREASURY OBLIGATIONS —
2.6% |
||||||||
U.S.
Treasury Notes |
||||||||
1.875%,
02/15/32 ......................................... |
1,000,000 |
917,812 |
||||||
0.375%,
11/30/25 ......................................... |
1,000,000 |
919,727 |
||||||
0.125%,
02/28/23 ......................................... |
1,000,000 |
986,719 |
||||||
TOTAL U.S. TREASURY OBLIGATIONS |
||||||||
(Cost $2,985,348) |
2,824,258 |
|||||||
TOTAL INVESTMENTS — 95.5% |
||||||||
(Cost $117,782,330) |
$ |
103,683,827 |
(A) |
Step Bonds – Represents
the current rate, the step rate, the step date and the final maturity
date. |
(B) |
Security exempt from
registration under Rule 144A of the Securities Act of 1933. This security
may be resold in transactions exempt from registration normally to
qualified institutions. On May 31, 2022, the value of these
securities amounted to $1,014,252, representing 0.9% of the Net Assets of
the Fund. |
(C) |
Variable or floating rate
security. The rate shown is the effective interest rate as of period end.
The rates for certain securities are not based on published reference
rates and spreads and are either determined by the issuer or agent based
on current market conditions; by using a formula based on the rates of
underlying loans; or by adjusting periodically based on prevailing
interest rates. |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X Emerging Markets Bond ETF |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X China Innovation ETF |
Shares |
Value |
|||||||
COMMON STOCK —
90.9% |
||||||||
CHINA — 88.8% |
||||||||
Communication Services — 6.5% |
||||||||
NetEase |
1,400 |
$ |
30,371 |
|||||
Tencent Holdings |
2,800 |
129,337 |
||||||
159,708 |
||||||||
Consumer Discretionary — 16.2% |
||||||||
Alibaba Group Holding * |
7,400 |
90,784 |
||||||
BYD, Cl H |
3,000 |
107,067 |
||||||
Fuyao
Glass Industry Group, Cl H |
10,800 |
52,448 |
||||||
Geely Automobile Holdings |
11,000 |
21,031 |
||||||
Meituan, Cl B * |
2,000 |
47,670 |
||||||
Ping An
Healthcare and Technology * |
11,300 |
30,390 |
||||||
XPeng, Cl A * |
2,700 |
31,799 |
||||||
Zhejiang
Shuanghuan Driveline, Cl A |
4,500 |
16,762 |
||||||
397,951 |
||||||||
Consumer Staples — 2.7% |
||||||||
Tongwei, Cl A |
9,900 |
66,979 |
||||||
Financials — 3.5% |
||||||||
East Money Information, Cl A |
17,640 |
59,791 |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X China Innovation ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Financials — continued |
||||||||
Lufax Holding ADR |
4,247 |
$ |
26,714 |
|||||
86,505 |
||||||||
Health Care — 11.3% |
||||||||
Hangzhou
Tigermed Consulting, Cl A |
2,200 |
28,300 |
||||||
Innovent Biologics * |
8,000 |
24,829 |
||||||
Jiangsu
Hengrui Medicine, Cl A |
4,960 |
22,515 |
||||||
Shenzhen
Mindray Bio-Medical Electronics, Cl A |
1,300 |
58,875 |
||||||
WuXi AppTec, Cl H |
5,020 |
61,970 |
||||||
Wuxi Biologics Cayman * |
11,000 |
81,320 |
||||||
277,809 |
||||||||
Industrials — 26.6% |
||||||||
Contemporary
Amperex Technology, Cl A |
1,800 |
109,950 |
||||||
Estun Automation, Cl A |
9,100 |
22,984 |
||||||
Eve Energy, Cl A |
3,700 |
44,554 |
||||||
Guangzhou
KDT Machinery, Cl A |
12,300 |
38,450 |
||||||
Han’s
Laser Technology Industry Group, Cl A |
9,900 |
44,184 |
||||||
Ming
Yang Smart Energy Group, Cl A |
5,800 |
22,099 |
||||||
NARI Technology, Cl A |
13,600 |
69,737 |
||||||
Riyue Heavy Industry, Cl A |
6,570 |
21,079 |
||||||
SF Holding, Cl A * |
6,200 |
48,175 |
||||||
Shenzhen
Inovance Technology, Cl A |
4,400 |
40,335 |
||||||
Sungrow Power Supply, Cl A |
2,700 |
32,322 |
||||||
Suzhou
Maxwell Technologies, Cl A |
500 |
28,220 |
||||||
Wuxi
Lead Intelligent Equipment, Cl A |
12,580 |
91,420 |
||||||
ZTO Express Cayman ADR |
1,427 |
38,443 |
||||||
651,952 |
||||||||
Information Technology — 20.0% |
||||||||
GoerTek, Cl A |
11,900 |
72,565 |
||||||
Hua Hong Semiconductor * |
20,000 |
75,839 |
||||||
Iflytek |
4,400 |
23,952 |
||||||
LONGi
Green Energy Technology, Cl A |
11,740 |
139,205 |
Schedule
of Investments |
May
31, 2022 (Unaudited) | |
Global
X China Innovation ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Information Technology — continued |
||||||||
Luxshare
Precision Industry, Cl A |
8,800 |
$ |
44,544 |
|||||
NavInfo, Cl A * |
14,800 |
29,137 |
||||||
Will
Semiconductor Shanghai, Cl A |
1,200 |
29,464 |
||||||
Xinyi Solar Holdings |
42,000 |
74,840 |
||||||
489,546 |
||||||||
Materials — 2.0% |
||||||||
Ganfeng Lithium, Cl H |
3,800 |
48,823 |
||||||
TOTAL CHINA |
2,179,273 |
|||||||
HONG KONG — 2.1% |
||||||||
Health Care — 2.1% |
||||||||
Sino Biopharmaceutical |
91,000 |
51,151 |
||||||
TOTAL COMMON STOCK |
||||||||
(Cost $3,086,296) |
2,230,424 |
|||||||
TOTAL INVESTMENTS — 90.9% |
||||||||
(Cost $3,086,296) |
$ |
2,230,424 |
* |
Non-income producing
security. |
Statements
of Assets and Liabilities |
||
May
31, 2022 (Unaudited) |
Global
X Emerging Markets Bond ETF |
Global
X China
Innovation
ETF |
|||||||
Assets: |
||||||||
Cost
of Investments |
$ |
117,782,330 |
$ |
3,086,296 |
||||
Cost
of Foreign Currency |
— |
13,965 |
||||||
Investments,
at Value |
$ |
103,683,827 |
$ |
2,230,424 |
||||
Cash |
3,565,939 |
210,179 |
||||||
Foreign
Currency, at Value |
— |
13,968 |
||||||
Receivable
for Investment Securities Sold |
1,911,908 |
7,087 |
||||||
Dividend,
Interest, and Securities Lending Income Receivable |
1,165,805 |
2,422 |
||||||
Unrealized
Appreciation on Spot Contracts |
— |
2 |
||||||
Total
Assets |
110,327,479 |
2,464,082 |
||||||
Liabilities: |
||||||||
Payable
for Investment Securities Purchased |
1,746,890 |
7,666 |
||||||
Payable
due to Investment Adviser |
39,346 |
1,464 |
||||||
Total
Liabilities |
1,786,236 |
9,130 |
||||||
Net
Assets |
$ |
108,541,243 |
$ |
2,454,952 |
||||
Net
Assets Consist of: |
||||||||
Paid-in
Capital |
$ |
129,253,299 |
$ |
4,507,127 |
||||
Total
Distributable Loss |
(20,712,056 |
) |
(2,052,175 |
) | ||||
Net
Assets |
$ |
108,541,243 |
$ |
2,454,952 |
||||
Outstanding
Shares of Beneficial Interest |
||||||||
(unlimited
authorization — no par value) |
4,800,000 |
180,000 |
||||||
Net
Asset Value, Offering and Redemption Price Per Share |
$ |
22.61 |
$ |
13.64 |
Statements
of Operations |
||
For
the period ended May 31, 2022 (Unaudited) |
Global
X Emerging Markets Bond ETF |
Global
X China
Innovation
ETF |
|||||||
Investment
Income: |
||||||||
Dividend
Income |
$ |
— |
$ |
14,477 |
||||
Interest
Income |
2,683,708 |
— |
||||||
Less:
Foreign Taxes Withheld |
(7,101 |
) |
(549 |
) | ||||
Total
Investment Income |
2,676,607 |
13,928 |
||||||
Supervision
and Administration Fees(1) |
256,382 |
11,191 |
||||||
Custodian
Fees(2) |
— |
12 |
||||||
Total
Expenses |
256,382 |
11,203 |
||||||
Net
Investment Income |
2,420,225 |
2,725 |
||||||
Net
Realized Loss on: |
||||||||
Investments(3) |
(6,241,937 |
) |
(593,838 |
) | ||||
Foreign Currency
Transactions |
— |
(286 |
) | |||||
Net
Realized Loss on Investments and Foreign Currency Transactions |
(6,241,937 |
) |
(594,124 |
) | ||||
Net
Change in Unrealized Depreciation on: |
||||||||
Investments |
(9,790,389 |
) |
(472,993 |
) | ||||
Foreign Currency
Translations |
— |
(14 |
) | |||||
Net
Change in Unrealized Depreciation on Investments and Foreign Currency
Translations |
(9,790,389 |
) |
(473,007 |
) | ||||
Net
Realized and Unrealized Loss on Investments and Foreign Currency
Translations |
(16,032,326 |
) |
(1,067,131 |
) | ||||
Net
Decrease in Net Assets Resulting from Operations |
$ |
(13,612,101 |
) |
$ |
(1,064,406 |
) |
(1) |
The Supervision and
Administration fees reflect the supervisory and administrative fee, which
includes fees paid by the Funds for the investment advisory services
provided by the Adviser. (See Note 3 in Notes to Financial
Statements.) |
(2) |
See Note 2 in the Notes to
Financial Statements. |
(3) |
Includes realized gains
(losses) as a result of in-kind redemptions. (See Note 4 in Notes to
Financial Statements.) |
Statements
of Changes in Net Assets |
||
Global
X Emerging Markets Bond ETF |
Global
X China Innovation ETF |
|||||||||||||||
Period
Ended May 31, 2022 (Unaudited) |
Year
Ended November 30, 2021 |
Period
Ended May 31, 2022 (Unaudited) |
Period Ended November 30, 2021(1) |
|||||||||||||
Operations: |
||||||||||||||||
Net
Investment Income (Loss) |
$ |
2,420,225 |
$ |
3,647,528 |
$ |
2,725 |
$ |
(9,232 |
) | |||||||
Net
Realized Gain (Loss) on Investments and Foreign Currency Transactions
(2) |
(6,241,937 |
) |
2,204,874 |
(594,124 |
) |
(622,161 |
) | |||||||||
Net
Change in Unrealized Appreciation (Depreciation) on Investments and
Foreign Currency Translations |
(9,790,389 |
) |
(7,982,777 |
) |
(473,007 |
) |
(382,858 |
) | ||||||||
Net
Decrease in Net Assets Resulting from Operations |
(13,612,101 |
) |
(2,130,375 |
) |
(1,064,406 |
) |
(1,014,251 |
) | ||||||||
Distributions |
(3,964,373 |
) |
(4,845,615 |
) |
— |
— |
||||||||||
Capital
Share Transactions: |
||||||||||||||||
Issued |
7,415,878 |
82,995,668 |
— |
4,818,694 |
||||||||||||
Redeemed |
(17,689,176 |
) |
(8,367,166 |
) |
(285,085 |
) |
— |
|||||||||
Increase
(Decrease) in Net Assets from Capital Share Transactions |
(10,273,298 |
) |
74,628,502 |
(285,085 |
) |
4,818,694 |
||||||||||
Total Increase
(Decrease) in Net Assets |
(27,849,772 |
) |
67,652,512 |
(1,349,491 |
) |
3,804,443 |
||||||||||
Net
Assets: |
||||||||||||||||
Beginning
of Year/Period |
136,391,015 |
68,738,503 |
3,804,443 |
— |
||||||||||||
End
of Year/Period |
$ |
108,541,243 |
$ |
136,391,015 |
$ |
2,454,952 |
$ |
3,804,443 |
||||||||
Share
Transactions: |
||||||||||||||||
Issued |
300,000 |
3,100,000 |
— |
200,000 |
||||||||||||
Redeemed |
(800,000 |
) |
(300,000 |
) |
(20,000 |
) |
— |
|||||||||
Net
Increase (Decrease) in Shares Outstanding from Share
Transactions |
(500,000 |
) |
2,800,000 |
(20,000 |
) |
200,000 |
(1) |
The Fund commenced
operations on February 22, 2021. |
(2) |
Includes realized gains
(losses) as a result of in-kind redemptions. (See Note 4 in Notes to
Financial Statements.) |
Financial
Highlights |
||
Net Asset Value, Beginning of Period ($) |
Net
Investment Income (Loss) ($)* |
Net
Realized and Unrealized Gain (Loss) on Investments ($) |
Total
from Operations ($) |
Distribution
from Net Investment Income ($) |
Distribution
from Capital Gains ($) |
|||||||||||||||||||
Global X Emerging Markets
Bond ETF |
||||||||||||||||||||||||
2022 (Unaudited) |
25.73 |
0.44 |
(2.84 |
) |
(2.40 |
) |
(0.41 |
) |
(0.31 |
) | ||||||||||||||
2021 |
27.50 |
0.90 |
(1.30 |
) |
(0.40 |
) |
(0.99 |
) |
(0.38 |
) | ||||||||||||||
2020(1) |
25.00 |
0.49 |
2.47 |
2.96 |
(0.46 |
) |
— |
|||||||||||||||||
Global X China Innovation
ETF |
||||||||||||||||||||||||
2022 (Unaudited) |
19.02 |
0.01 |
(5.39 |
) |
(5.38 |
) |
— |
— |
||||||||||||||||
2021(2) |
25.00 |
(0.05 |
) |
(5.93 |
) |
(5.98 |
) |
— |
— |
Financial
Highlights |
||
Return
of Capital ($) |
Total
from Distributions ($) |
Net Asset Value, End of Period ($) |
Total
Return (%)** |
Net
Assets End of Period ($)(000) |
Ratio
of Expenses to Average Net Assets (%) |
Ratio
of Net Investment Income (Loss) to Average Net Assets (%) |
Portfolio
Turnover (%)†† |
|||||||||||||||||||||||
— |
(0.72 |
) |
22.61 |
(9.53 |
) |
108,541 |
0.39 |
† |
3.68 |
† |
33.14 |
|||||||||||||||||||
— |
(1.37 |
) |
25.73 |
(1.60 |
) |
136,391 |
0.39 |
3.37 |
70.51 |
|||||||||||||||||||||
— |
(0.46 |
) |
27.50 |
11.91 |
68,739 |
0.39 |
† |
3.72 |
† |
38.12 |
||||||||||||||||||||
— |
— |
13.64 |
(28.29 |
) |
2,455 |
0.75 |
† |
0.18 |
† |
22.36 |
||||||||||||||||||||
— |
— |
19.02 |
(23.92 |
) |
3,804 |
0.75 |
† |
(0.30 |
)† |
84.85 |
* |
Per share data calculated
using average shares method. |
** |
Total Return is for the
period indicated and has not been annualized. The return shown does not
reflect the deduction of taxes that a shareholder would pay on Fund
distributions or the redemption of Fund shares. |
† |
Annualized. |
†† |
Portfolio turnover rate is
for the period indicated and periods of less than one year have not been
annualized. Excludes effect of in-kind transfers. |
(1) |
The Fund commenced
operations on June 1, 2020. |
(2) |
The Fund commenced
operations on February 22, 2021. |
Notes
to Financial Statements |
||
May
31, 2022 (Unaudited) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Creation
Unit Shares |
Creation
Fee |
Value
at May 31, 2022 |
Redemption
Fee |
|||||||||||||
Global X Emerging Markets Bond ETF |
50,000 |
$ |
500 |
$ |
1,130,500 |
$ |
500 |
|||||||||
Global X China Innovation ETF |
10,000 |
900 |
136,400 |
900 |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Supervision
and Administration Fee |
||||
Global X Emerging Markets Bond ETF |
0.39 |
% | ||
Global X China Innovation ETF |
0.75 |
% |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
● |
0.14% on assets for any
day that total assets are greater than or equal to $50
million. | |
● |
0.00% on assets for any
day that total assets are less than $50 million. |
● |
0.32% on all
assets |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
2022 |
Purchases |
Sales
and Maturities |
||||||
Global X Emerging Markets Bond ETF |
$ |
36,531,416 |
$ |
37,383,970 |
||||
Global X China Innovation ETF |
632,014 |
797,198 |
2022 |
Purchases |
Sales
and Maturities |
||||||
Global X Emerging Markets Bond ETF |
$ |
2,570,207 |
$ |
— |
||||
Global X China Innovation ETF |
— |
— |
2022 |
Purchases |
Sales
and Maturities |
Realized
Loss |
|||||||||
Global X Emerging Markets Bond ETF |
$ |
7,054,057 |
$ |
17,423,964 |
$ |
(2,154,094 |
) | |||||
Global X China Innovation ETF |
— |
— |
— |
2021 |
Purchases |
Sales
and Maturities |
Realized
Gain |
|||||||||
Global X Emerging Markets Bond ETF |
$ |
78,302,339 |
$ |
7,890,506 |
$ |
622,962 |
||||||
Global X China Innovation ETF |
— |
— |
— |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Global X Funds |
Ordinary
Income |
Long-Term
Capital Gain |
Return
of Capital |
Totals |
||||||||||||
Global X Emerging Markets Bond ETF |
||||||||||||||||
2021 |
$ |
4,845,615 |
$ |
– |
$ |
– |
$ |
4,845,615 |
||||||||
2020 |
1,097,040 |
– |
– |
1,097,040 |
||||||||||||
Global X China Innovation ETF |
||||||||||||||||
2021 |
$ |
– |
$ |
– |
$ |
– |
$ |
– |
Global
X Funds |
||||||||
Global
X Emerging Markets Bond ETF |
Global
X China
Innovation
ETF |
|||||||
Undistributed
Ordinary Income |
$ |
1,276,756 |
$ |
– |
||||
Undistributed
Long-Term Capital Gain |
66,383 |
– |
||||||
Post
October Losses |
(38,474 |
) |
– |
|||||
Capital
Loss Carryforwards |
– |
(493,183 |
) | |||||
Unrealized
Depreciation on Investments and Foreign Currency |
(4,440,247 |
) |
(485,185 |
) | ||||
Late
Year Loss Deferral |
– |
(9,400 |
) | |||||
Other
Temporary Differences |
– |
(1 |
) | |||||
Total Accumulated
Losses |
$ |
(3,135,582 |
) |
$ |
(987,769 |
) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Global X Funds |
Short-Term
Loss |
Long-Term
Loss |
Total |
|||||||||
Global X China Innovation ETF |
$ |
493,183 |
$ |
– |
$ |
493,183 |
Global X Funds |
Federal
Tax Cost |
Aggregated
Gross Unrealized Appreciation |
Aggregated
Gross Unrealized Depreciation |
Net
Unrealized Depreciation |
||||||||||||
Global X Emerging Markets Bond ETF |
$ |
117,782,330 |
$ |
133,668 |
$ |
(14,232,171 |
) |
$ |
(14,098,503 |
) | ||||||
Global X China Innovation ETF |
3,086,296 |
49,933 |
(905,805 |
) |
(855,872 |
) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Notes
to Financial Statements (Continued) |
||
May
31, 2022 (Unaudited) |
Notes
to Financial Statements (Concluded) |
||
May
31, 2022 (Unaudited) |
Disclosure
of Fund Expenses (Unaudited) |
||
Disclosure
of Fund Expenses (Unaudited)
(Concluded) |
||
Beginning
Account Value 12/1/2021 |
Ending
Account Value 5/31/2022 |
Annualized
Expense Ratios |
Expenses
Paid During Period(1) |
|||||||||||||
Global X Emerging Markets
Bond ETF |
||||||||||||||||
Actual Fund
Return |
$ |
1,000.00 |
$ |
904.70 |
0.39 |
% |
$ |
1.85 |
||||||||
Hypothetical 5%
Return |
1,000.00 |
1,022.99 |
0.39 |
1.97 |
||||||||||||
Global X China Innovation
ETF |
||||||||||||||||
Actual Fund
Return |
$ |
1,000.00 |
$ |
717.10 |
0.75 |
% |
$ |
3.21 |
||||||||
Hypothetical 5%
Return |
1,000.00 |
1,021.19 |
0.75 |
3.78 |
(1) |
Expenses are equal to the
Fund’s annualized expense ratio multiplied by the average account value
over the period, multiplied by 182/365 (to reflect the one-half year
period.) |
Liquidity
Risk Management Program (Unaudited) | ||
Supplemental
Information (Unaudited) | ||
Notes | ||