Next Emerging & Frontier ETF

Fund Summary

The Global X Next Emerging & Frontier ETF (EMFM) provides investors broad exposure to frontier and next emerging markets (which excludes Brazil, Russia, India, China [BRICs], South Korea, and Taiwan).

Fund Objective

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


Smart Core

EMFM seeks to improve upon traditional emerging market funds by excluding the slower growing BRICs, South Korea, and Taiwan and including the high growth potential frontier markets.

Balanced Risks

EMFM balances its exposures across stocks, sectors, and regions.

Fund Details As of 10/24/16

Ticker EMFM
Primary Exchange NYSE Arca
CUSIP 37950E218
ISIN US37950E2182
Net Assets $15,233,172.51
Management Fee 0.49%
Custody Fee 0.09%
Annual Fund Operating Expense 0.58%
Inception Date 11/6/13
Shares Outstanding 750,000
30-Day SEC Yield 2.88%
Distribution Calendar

Fund Prices

As of 10/24/16
NAV Price
Net Asset Value $20.31 Closing Price $20.81
Daily Change $0.07 0.32% Daily Change $0.21 1.02%

Performance History

Cumulative %

Data as of month end (9/30/16)

Fund NAV Closing Price Index
1 Month -0.10% 1.72% -0.07%
3 Months 3.05% 3.29% 3.37%
6 Months 3.89% 6.53% 4.52%
Since Inception -15.34% -13.58% -13.52%

Avg Annualized %

Data as of month end (9/30/16)

Fund NAV Closing Price Index
1 Year 15.70% 18.10% 16.74%
3 Years -- -- --
5 Years -- -- --
Since Inception -5.58% -4.91% -4.88%

Avg Annualized %

Data as of quarter end (9/30/16)

Fund NAV Closing Price Index
1 Year 15.70% 18.10% 16.74%
3 Years -- -- --
5 Years -- -- --
Since Inception -5.58% -4.91% -4.88%

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 10/24/16

Return on Equity 11.70%
Average Market Cap $10,058.00 M
2015 2016
Price-to-earnings 18.86 15.63
Price-to-book value 1.90 1.77

Source: AltaVista Research, LLC

Fund Risk Stats As of 10/24/16

Versus Beta
S&P 500 0.98
MSCI Emg. Mkts 0.84
Standard Deviation 15.90%

Source: AltaVista Research, LLC

Top 10 Holdings

As of 10/24/16
Net Assets % Name Market Price ($) Shares Held Market Value ($)
2.09 TELEKOMUNIKASI INDONESIA 0.32 980,005 317,806.89
2.08 NASPERS LTD-N SHS 173.01 1,831 316,782.76
1.77 MERCADOLIBRE INC 172.82 1,563 270,117.66
1.56 BANK CENTRAL ASIA TBK PT 1.20 197,058 237,369.10
1.51 EREGLI DEMIR VE CELIK FAB 1.38 166,473 229,449.99
1.50 TENAGA NASIONAL BHD 3.43 66,473 228,180.21
1.49 BANK MANDIRI PERSERO TBK 0.86 263,418 226,718.02
1.47 POLSKI KONCERN NAFTOWY OR 17.83 12,596 224,606.43
1.43 FRESNILLO PLC 19.69 11,091 218,370.48
1.41 EMAAR PROPERTIES PJSC 1.88 114,171 214,478.60
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. Investments in smaller companies typically exhibit higher volatility. The fund is non-diversified. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from 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. Frontier markets generally have less developed capital markets than traditional emerging market countries, and, consequently, the risks of investing in foreign securities are magnified in such countries. These countries are subject to potentially significant political, social and economic instability, which could materially and adversely affect the companies in which the Fund may invest. The Fund invests in securities and markets that are susceptible to fluctuations in certain commodity markets. Commodities represent a significant portion of the Latin American and Middle Eastern economies. Any negative changes in commodity markets could have a great impact on these economies. Unlike most exchange-traded funds, the Fund intends to effect all creations and redemptions partially for cash, rather than in-kind securities. As a result, an investment in the Fund may be less tax-efficient than an investment in a more conventional ETF.

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