NDIA

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.

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.

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

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

NDIA can complement international allocations by providing actively managed, concentrated exposure to India's domestic growth story—an economy poised to compound across services, manufacturing, and consumption as favorable demographics, structural reforms, and supply chain diversification converge and reinforce one another.

As these structural tailwinds cascade through India's economy, NDIA may position portfolios to participate in the Indian market through a thoughtful vehicle; selective stock selection over broad market replication, anchored by an on-the-ground team navigating India's growth paradigm as it unfolds. NDIA may also serve as a core allocation and a complement to an Indian small-cap strategy.

Aided by favorable demographics, a market-friendly government, and supply chain diversification, India’s economy is expected to grow above 6.5% for the foreseeable future.¹

NDIA's active approach is supported by a Mumbai based team. Our parent Company, Mirae Asset entered India in 2008 and is one of the longest tenured foreign asset managers in the country with over $27.4bn in AUM.²

NDIA delivers access to experienced stock picking and portfolio management across a range of sectors.

¹IMF, WEO April 2026

²Mirae Asset as of February, 2026

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