JPMorgan Efficiente Index ETF

Fund Summary

The Global X | JPMorgan Efficiente ETF (EFFE) dynamically allocates its exposure across a broad range of asset classes to manage risks and achieve a target volatility of 10%.

Fund Objective

The Global X | JPMorgan Efficiente Index ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the JP Morgan ETF Efficiente 10TR Series X Index.


Low Volatility

EFFE targets 10% annualized volatility, nearly half the long term volatility of the US equity market.

Dynamic Allocations

Monthly rebalance modifies the fund's exposures to adjust to prevailing trends in the market.

Low Correlation

The index strategy, developed by JPMorgan, allocates among five asset classes and thirteen sub-classes. This diversification has historically generated returns with low correlations to both stocks and bonds. (Source: Bloomberg, 2015)

Fund Details As of 3/16/18

Ticker EFFE
Primary Exchange NYSE Arca
CUSIP 37950E143
ISIN US37950E1432
Bloomberg Index Ticker JPUSEFFE
Net Assets $5,334,378
Management Fee 0.69%
Acquired Fund Fees & Expenses 0.17%
Annual Fund Operating Expense 0.86%
Inception Date 10/22/14
Shares Outstanding 200,000
30-Day SEC Yield 1.04%
Distribution Frequency Annually
Distribution Calendar

Fund Prices

As of 3/16/18
NAV Price
Net Asset Value $26.67 Closing Price $26.68
Daily Change $0.05 0.18% Daily Change $0.07 0.26%

Performance History

Cumulative %

Data as of month end (2/28/18)

Fund NAV Closing Price Index
1 Month -3.95% -3.99% -3.88%
3 Months 1.64% 1.84% 1.84%
6 Months 3.04% 3.01% 3.51%
Since Inception 17.18% 17.19% 20.15%

Avg Annualized %

Data as of month end (2/28/18)

Fund NAV Closing Price Index
1 Year 8.99% 9.00% 9.88%
3 Years 3.28% 3.24% 4.05%
5 Years -- -- --
Since Inception 4.84% 4.84% 5.62%

Avg Annualized %

Data as of quarter end (12/31/17)

Fund NAV Closing Price Index
1 Year 12.97% 12.94% 13.90%
3 Years 4.07% 4.01% 4.84%
5 Years -- -- --
Since Inception 5.08% 5.05% 5.86%

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.

Top 10 Holdings

As of 3/16/18
Net Assets % Name Market Price ($) Shares Held Market Value ($)
20.66 ISHARES S&P SMALLCAP 79.71 13,825 1,101,990.75
20.10 VANGUARD S&P 500 ETF 252.99 4,238 1,072,171.62
19.84 VANGUARD FTSE EMERGING MA 47.85 22,113 1,058,107.05
19.59 SPDR BBG BARC HIGH YIELD 35.97 29,057 1,045,180.29
9.96 VANGUARD FTSE DEVELOPED E 44.89 11,838 531,407.82
9.80 ISHARES S&P GSCI ETF 16.34 31,994 522,781.96
0.08 CASH 1.00 4,392 4,392.41
Holdings are subject to change.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. 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. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index. 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.

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, 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, Indxx, JP Morgan, or MSCI.

Investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Investments in smaller companies typically exhibit higher volatility.

Investments in commodities are subject to higher volatility than more traditional investments. REIT investments are subject to changes in economic conditions, credit risk and interest rate fluctuations. The price of gold is volatile and may be affected by large institutional purchases or sales, indirect investment in gold or silver, industrial usage, and political and economic concerns.

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