Silver Miners ETF

Fund Summary

The Global X Silver Miners ETF (SIL) provides investors access to a broad range of silver mining companies.

Fund Objective

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

Why SIL?

Efficient Access

Efficient access to a broad basket of companies involved in mining silver.

Targeted Thematic Exposure

The fund is a targeted thematic play on silver.

Fund Details As of 10/26/16

Ticker SIL
Primary Exchange NYSE Arca
CUSIP 37954Y848
ISIN US37954Y8488
Net Assets $378,787,912.56
Management Fee 0.65%
Annual Fund Operating Expense 0.65%
Inception Date 4/19/10
Shares Outstanding 9,347,318
30-Day SEC Yield 0.00%
Distribution Frequency Annually
Distribution Calendar

Fund Prices

As of 10/26/16
NAV Price
Net Asset Value $40.52 Closing Price $40.41
Daily Change ($1.00) -2.41% Daily Change ($1.12) -2.70%

Performance History

Cumulative %

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

Fund NAV Closing Price Index
1 Month 3.36% 3.20% 3.41%
3 Months 3.48% 2.65% 3.70%
6 Months 68.67% 68.01% 68.98%
Since Inception 5.82% 5.48% 9.70%

Avg Annualized %

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

Fund NAV Closing Price Index
1 Year 130.77% 130.40% 132.19%
3 Years 4.37% 4.31% 4.84%
5 Years -6.22% -6.12% -5.74%
Since Inception 0.88% 0.83% 1.44%

Avg Annualized %

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

Fund NAV Closing Price Index
1 Year 130.77% 130.40% 132.19%
3 Years 4.37% 4.31% 4.84%
5 Years -6.22% -6.12% -5.74%
Since Inception 0.88% 0.83% 1.44%

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 10/26/16

Return on Equity 6.80%
Average Market Cap $2,756.00 M
2015 2016
Price-to-earnings -282.77 30.16
Price-to-book value 2.10 1.98

Source: AltaVista Research, LLC

Fund Risk Stats As of 10/26/16

Versus Beta
S&P 500 0.09
MSCI Emg. Mkts 0.17
Standard Deviation 114.10%

Source: AltaVista Research, LLC

Top 10 Holdings

As of 10/26/16
Net Assets % Name Market Price ($) Shares Held Market Value ($)
12.61 SILVER WHEATON CORP 23.95 1,993,557 47,745,690.15
12.19 FRESNILLO PLC 19.68 2,346,685 46,176,158.30
11.19 PAN AMERICAN SILVER CORP 15.92 2,661,217 42,366,574.64
9.04 TAHOE RESOURCES INC 11.98 2,858,060 34,230,702.11
6.42 INDUSTRIAS PENOLES SAB DE 24.65 986,016 24,302,941.20
6.32 HECLA MINING CO 5.82 4,112,031 23,932,020.42
5.83 COEUR MINING INC 10.99 2,009,267 22,081,844.33
4.82 ALAMOS GOLD INC-CLASS A 8.39 2,173,694 18,237,292.66
4.25 MAG SILVER CORP 14.45 1,113,062 16,083,745.90
3.87 POLYMETAL INTERNATIONAL P 10.73 1,366,921 14,669,657.20
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. International investments may involve risk of capital loss from unfavorable fluctuation 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. Narrowly focused investments may be subject to higher volatility. There are additional risks associated with investing in silver and the silver mining industry.

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