| Investment Objective: |
Global X Gold Miners ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NYSE Arca Gold Miners Index. The Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in the securities of the NYSE Arca Gold Miners Index (the "Underlying Index"), which may include common stocks, as well as ADRs and GDRs based on the securities in the Underlying Index and preferred securities with equity-like characteristics such as those of common stocks. The Underlying Index, as presently constituted, is designed to track the performance of global companies that are involved in the gold mining industry, as determined by ICE Data Indices, LLC (the "Index Provider"). Such companies may include large-, mid-, or small-capitalization companies and foreign issuers. The Underlying Index is primarily comprised of publicly traded companies that are involved in the mining of gold and silver ore. In constructing the Underlying Index, the Index Provider identifies a universe of eligible securities that are classified according to the Intercontinental Exchange, Inc. ("ICE") Uniform Sector Classification schema within the gold or silver sub-industry (each, a "Gold Company" or "Silver Company"). |
