Fund Description: Global X FTSE Nordic Region ETF, formerly the Global X FTSE Nordic 30 ETF, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Global X Funds, an investment management company. INVESTMENT OBJECTIVE: Global X FTSE Nordic Region ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Nordic 30 Index. INDEX DESCRIPTION: The FTSE Nordic 30 Index tracks the performance of the 30 largest and most liquid companies in Sweden, Denmark, Norway and Finland. The index uses the universe of the FTSE All-World Index - Nordic Region. The Index is free float adjusted, liquidity tested and managed by an independent committee. As of August 7 2008, the Index's three largest stocks were Nokia, Nordea Bank AB and StatoilHydro ASA. The Index is sponsored by an organization, FTSE Group, (Index Provider) that is independent of the Fund and the Adviser. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index. FUND STRATEGY: A passive or indexing approach is used 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 will normally invest at least 80% of its total assets in the securities of the Index and in depositary receipts based on the securities in the Index. The Fund may also invest up to 20% of its assets in certain futures, options and swap contracts (which may be leveraged and are considered derivatives), cash and cash equivalents, as well as in stocks not included in the Index, but which is believed will help the Fund track the Index. The Fund 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 to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to follow 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. FUND MANAGEMENT: Global X Management Company LLC, is the investment advisor of the Fund.