Fund Description: Global X Autonomous & Electric Vehicles ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Global X Funds, an open-end investment management company.<p> INVESTMENT OBJECTIVE: The Global X Autonomous & Electric Vehicles ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Autonomous & Electric Vehicles Index. <p> INDEX DESCRIPTION: The Solactive Autonomous & Electric Vehicles Index is designed to provide exposure to exchange-listed companies that are involved in the development of electric vehicles and/or autonomous vehicles, including companies that produce electric/hybrid vehicles, electric/hybrid vehicle components and materials, autonomous driving technology, and network connected services for transportation, (collectively, Autonomous and Electric Vehicle Companies), as defined by Solactive AG, the Index Provider. The eligible universe of the Index includes among the most liquid and investable companies in accordance with the market capitalization and liquidity criteria associated with the eligible markets. Companies from the following countries were eligible for inclusion in the Index: Australia, Austria, Belgium, Canada, China, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, South Korea, Taiwan, the United Kingdom, and the United States. These countries may change over time. n order to be included in the Index, a company must be identified as having significant exposure to one of these categories; Electric Vehicles (EV) companies that produce electric/hybrid vehicles, including cars, trucks, motorcycles/scooters, buses, and electric rail; Electric Vehicle Components (EVC) companies that produce electric/hybrid vehicle components, including electric drivetrains, lithium-ion and other types of electric batteries, and fuel cells. In addition, companies that produce the chemicals and raw materials; and Autonomous Vehicle Technology (AVT) companies that build autonomous vehicles and/or develop hardware and software that facilitates the development of autonomous vehicles, including sensors, mapping technology, artificial intelligence, advanced driver assistance systems, ride-share platforms, network-connected services for transportation; and are based on the ranking it receives from the natural language processing algorithm (Segment Score). The Index is comprised of the highest ranking 15 companies in the EV segment, the highest ranking 30 companies in the EVC segment, and the highest ranking 30 companies in the AVT segment. The Index may include large-, mid- or small-capitalization companies, and components primarily include industrials, information technology, materials, and consumer discretionary companies. <p> FUND STRATEGY: The Fund invests at least 80% of its total assets in the securities of the Index. The Adviser uses a passive or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to beat the Index and does not seek temporary defensive positions when markets decline or appear overvalued. The Fund generally will use a replication strategy which is an indexing strategy that involves investing in the securities of the Index in approximately the same proportions as in the Index. However, the Fund may utilize a representative sampling strategy with respect to the Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Index, in instances in which a security in the Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Index. <p> FUND MANAGEMENT: Global X Management Company LLC serves as the Investment Adviser to the Fund.