| Investment Objective: |
Global X Adaptive Risk Managed Yield ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies Risk Managed Yield Index . The Underlying Index is owned and was developed by NorthCrest Asset Management. The Underlying Index is calculated and maintained by Solactive AG. The Underlying Index is designed to dynamically allocate between either 100% exposure to the Solactive USD High Yield Corporates Total Market Index ("High Yield Bond Position") or 100% exposure to the Solactive 1-3 month US T-Bill Index. The High Yield Bond Position, is designed to track the performance of a basket of US dollar-denominated high yield corporate bonds. Currently, the bonds eligible for inclusion in the High Yield Bond Position include US dollar-denominated high yield corporate bonds that: (i) are issued by companies with a country of risk classified as developed markets by Solactive AG (ii) have a composite rating calculated from available ratings among rating agencies (iii) are from issuers with at least $1 billion outstanding face value; (iv) have at least $400 million of outstanding face value; (v) have an original maturity date at most 15 years; and (vi) have at least one year to maturity. |
