Global X NASDAQ 100 Tail Risk

The Global X NASDAQ 100 Tail Risk ETF (Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 Protective Put Index (Underlying Index). The Fund invests at least 80% of its total assets in the securities of the Nasdaq-100 Protective Put Index (Underlying Index). The Fund’s 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Underlying Index measures the performance of a risk management strategy that holds the underlying stocks of the NASDAQ 100 Index and applies a protective put strategy (i.e. long (purchased) put options) on the NASDAQ 100 Index.