SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA, 19456) is the distributor for the Global X Funds.

Check the background of SIDCO and Global X's Registered Representatives on FINRA's BrokerCheck.

EMC is an actively managed fund that seeks to invest in companies economically tied to long-term trends in emerging markets created by the rising purchasing power of a growing middle class, investing across a range of industries that may benefit from rising consumption.

EMM is an actively managed ETF seeking long-term capital growth by investing in emerging market companies outside of China that may be positioned to achieve dominant positions in their markets, targeting early potential leaders across structural and cyclical growth opportunities. The Fund pays distributions semi-annually.

ARGT invests in among the largest and most liquid securities with exposure to Argentina, offering retail investors a convenient way to gain targeted exposure to Argentina's equity market and its largest companies within a single, cost-efficient ETF.

ASEA can complement international allocations by providing targeted exposure to the five largest Southeast Asian economies, which investors are increasingly considering as China alternatives amid shifting supply chains and nearshoring trends.

As the first U.S.-listed ETF to directly target the ASEAN region, the fund offers access to a region supported by a favorable demographic profile and market-friendly reforms. Exposure across several interconnected industries can help reduce concentration risk relative to single-country allocations within the region.

Countries in the Association of Southeast Asian Nations (ASEA) are poised for strong economic growth fueled by rising consumer spending and a surge in foreign investment.¹

The ETF targets exposure to a specific region.

ASEA delivers efficient access to a broad basket of Southeast Asian securities.

¹S&P Global Market Intelligence, January 2024

The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

The Premium/Discount chart demonstrates the difference between the daily market price of shares of the Fund and the Fund's net asset value (NAV). The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Source: AltaVista Research, LLC