| Investment Objective: |
The Global X Morningstar Capital Allocation Leaders ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar US Capital Allocation Leaders Index (the "Underlying Index"). The Fund invests at least 80% of its total assets in the securities of the Morningstar US Capital Allocation Leaders Index (the "Underlying Index"). The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received). The Underlying Index is designed to provide exposure to companies that Morningstar, Inc. (the "Index Provider") determines exhibit strong capital allocation practices ("Capital Allocation Leaders"), as measured by the Index Provider's proprietary Capital Allocation Rating framework. To be eligible for inclusion in the Underlying Index, companies must be constituents of the Morningstar US Target Market Exposure Index, which measures the performance of large- and mid-capitalization companies and represents approximately the top 85% of the U.S.-listed equity market by float-adjusted market capitalization, and must have an assigned Capital Allocation Rating. |
