GURU


Guru Index ETF

Fund Summary

The Global X Guru™ Index ETF (GURU) seeks to generate alpha over the broad market by investing in highest conviction ideas from a select pool of hedge funds.

Fund Objective

The Global X Guru™ Index ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Guru Index.

Why GURU?

Access Ideas

GURU allows everyday investors to access the high conviction investments of some of the largest, most sophisticated hedge funds in the world.

Alpha Potential

By investing alongside hedge funds, GURU seeks to benefit from their top tier research and knowledge to outperform US equity benchmarks such as the S&P 500.

Cost Efficiency

Traditionally, investing with a hedge fund requires paying an ongoing 2% management fee and 20% of profits. GURU has an expense ratio of 0.75%, potentially allowing for greater cost efficiency, while providing access to hedge fund ideas.

Fund Details As of 9/23/16

Ticker GURU
Primary Exchange NYSE Arca
CUSIP 37950E341
ISIN US37950E3412
Net Assets $70,050,542.86
Management Fee 0.75%
Annual Fund Operating Expense 0.75%
Inception Date 6/4/12
Shares Outstanding 3,000,000
30-Day SEC Yield 0.59%
Distribution Calendar

Fund Prices

As of 9/23/16
NAV Price
Net Asset Value $23.35 Closing Price $23.34
Daily Change ($0.19) -0.80% Daily Change ($0.18) -0.77%

Performance History

Cumulative %

Data as of month end (8/31/16)

Fund NAV Closing Price Index
1 Month 1.34% 1.39% 1.31%
3 Months 4.14% 4.28% 4.14%
6 Months 12.07% 12.07% 12.17%
Since Inception 68.04% 68.03% 71.77%

Avg Annualized %

Data as of month end (8/31/16)

Fund NAV Closing Price Index
1 Year -5.36% -5.32% -5.03%
3 Years 3.18% 3.14% 3.61%
5 Years -- -- --
Since Inception 13.03% 13.02% 13.60%

Avg Annualized %

Data as of quarter end (6/30/16)

Fund NAV Closing Price Index
1 Year -15.35% -15.39% -15.00%
3 Years 2.96% 2.82% 3.57%
5 Years -- -- --
Since Inception 12.15% 12.12% 12.76%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Fund Characteristics As of 9/22/16

Return on Equity 10.30%
Average Market Cap $74,560.00 M
2015 2016
Price-to-earnings 27.25 24.67
Price-to-book value 2.62 2.44

Source: AltaVista Research, LLC

Fund Risk Stats As of 9/22/16

Versus Beta
S&P 500 1.12
MSCI EAFE 0.86
MSCI Emg. Mkts 0.52
Standard Deviation 14.10%

Source: AltaVista Research, LLC

Top 10 Holdings

As of 9/23/16
Net Assets % Name Market Price ($) Shares Held Market Value ($)
2.33 AUTODESK INC 71.67 22,778 1,632,499.26
2.33 INCYTE CORP 88.98 18,329 1,630,914.42
2.30 GRUBHUB INC 42.00 38,436 1,614,312.00
2.25 BAIDU INC - SPON ADR 191.72 8,234 1,578,622.48
2.19 PANDORA MEDIA INC 14.09 108,855 1,533,766.95
2.19 CHARTER COMMUNICATIONS IN 276.08 5,550 1,532,244.00
2.17 INVESTORS BANCORP INC 12.05 126,399 1,523,107.95
2.17 FIRSTENERGY CORP 34.49 44,014 1,518,042.86
2.15 AMAZON.COM INC 805.75 1,868 1,505,141.00
2.11 FACEBOOK INC-A 127.96 11,573 1,480,881.08
Holdings are subject to change.

Global X NAVs are calculated using prices as of 4:00 PM Eastern Time.

The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange.

Since the Fund’s Shares typically do not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Carefully consider the fund’s investment objectives, risks, and charges and expenses. This and other information can be found in the fund’s prospectus. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, FTSE, Standard & Poors, NASDAQ, S-Network, Indxx, or MSCI nor do these companies make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO nor Global X is affiliated with Solactive AG, FTSE, Standard & Poors, NASDAQ, S-Network, Indxx, or MSCI.

Investing involves risk, including the possible loss of principal. The 13F filings used to select the securities in the Underlying Index are filed by each hedge fund approximately 45 days after the end of each calendar quarter. Therefore a given hedge fund may have already sold its position by the time of the 13F filing. High short-term performance of the fund is unusual and investors should not expect such performance to be repeated. The fund’s manager has the ability to employ up to 20% leverage, which may accelerate the velocity of potential gains or losses. The fund invests in small and mid-capitalization companies, which have greater volatility and less financial resources than large-capitalization companies. Furthermore, the fund may hold foreign securities which are subject to different risks than domestic securities, including foreign currency fluctuation, different financial and accounting standards, and political instability.

High short-term performance of the fund is unusual and investors should not expect such performance to be repeated.