Fund Description: Global X Millennials Thematic 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. INVESTMENT OBJECTIVE: The Global X Millennials Thematic ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX Millennials Thematic Index. INDEX DESCRIPTION: The INDXX Millennials Thematic Index is designed to measure the performance of U.S. listed companies that provide exposure to the millennial generation, (collectively, Millennial Companies), as defined by INDXX, the Index Provider. The millennial generation refers to the demographic cohort in the U.S. with birth years ranging from 1980 to 2000. The eligible universe of the Index includes the most liquid and investable companies in accordance with the standard market capitalization and liquidity criteria associated with developed markets. Companies must have a minimum market capitalization of $500 million and a minimum average daily turnover for the last 6 months greater than or equal to $2 million in order to be eligible for inclusion in the Index and only includes companies listed in the United States. The Index is developed using a proprietary, multi-step research process to identify Millennial Companies through research on trends related to the millennial generation, including but not limited to: consumer spending data, consumer behavior, technology and demographics. The Index Provider has identified the following eight key Spending Categories for millennials: (1) Social and Entertainment, (2) Clothing and Apparel, (3) Travel and Mobility, (4) Food/Restaurants and Consumer Staples, (5), Financial Services and Investments, (6) Housing and Home Goods, (7) Education and Employment, and (8) Health and Fitness. These Spending Categories may change over time. After establishing these Spending Categories, the Index Provider uses a variety of sources including, but not limited to: industry reports, investment research and financial statements published by companies - to identify companies with significant exposure to these Spending Categories. The Index is weighted according to a modified capitalization weighting methodology and is reconstituted and rebalanced annually. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer discretionary, consumer staples, information technology and financial services companies as well as real estate investment trusts (REITs). FUND STRATEGY: 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 outperform the Index and does not seek temporary defensive positions when markets decline or appear overvalued. The Fund invests at least 80% of its total assets in the securities of the Index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the Index. The Fund generally will use a replication strategy. A replication strategy 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. FUND MANAGEMENT: Global X Management Company LLC serves as the investment adviser to the Fund.