Fund Description: Global X MSCI Nigeria ETF, formerly Global X Nigeria Index 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 MSCI Nigeria ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Nigeria Select 25/50 Index, formerly Solactive Nigeria Index. INDEX DESCRIPTION: The MSCI All Nigeria Select 25/50 Index applies liquidity screenings on the MSCI All Nigeria Index (the Parent Index) while targeting inclusion of a minimum of 20 securities in the Index and reflects 25/50 constraints, i.e. no issuer has a weight above 25%, and the sum of weights of all issuers with weights above 5% does not exceed 50%. The Parent Index is weighted and rebalanced according to the MSCI All Market Index Methodology. The Index aims to represent the liquid segment of the Parent Index above the defined liquidity threshold while maintaining given number of constituents. FUND STRATEGY: The Fund will invest at least 80% of its total assets in the securities of the Index and in ADRs and GDRs based on the securities in the Index. A passive or indexing approach is used by the Fund's advisor 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 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 will serve as the Fund's Investment Adviser.