Global X Funds Announces Share Split For The Global X GF China Bond ETF (CHNB)

NEW YORK, Feb. 27, 2015 /PRNewswire/ -- Global X Funds, the New York based provider of exchange traded funds (ETFs), announced today that its Board of Trustees has approved a share split for the Global X GF China Bond ETF (NYSE Arca: CHNB). CHNB is the first US-listed ETF to provide access to China's onshore bond market. The total market value of the shares outstanding will not be affected as a result of this split, except with respect to the redemption of fractional shares, as outlined below.

This split will take place for shareholders of record as of the close of business on March 9, 2015, and will be payable after the close of trading on March 10, 2015. Fund shares will begin trading on a split-adjusted basis on ­­­­March 11, 2015. Shareholders will see the change in their holdings sometime after that date, depending upon their brokerage firm's procedures.

The share split will lower the share price for the Fund and increase the number of shares outstanding. The total value of shares outstanding is not affected by a split.

Hypothetical example of 2-for-1 stock split:

ABOUT GLOBAL X FUNDS

Global X is a New York-based sponsor of exchange-traded funds (ETFs), offering access to investment opportunities across global markets. Founded in 2008, Global X is recognized by individual and institutional investors for its suite of income, international, commodity and alternative funds. With over 40 funds available across U.S. and foreign exchanges, Global X is one of the fastest growing issuers of ETFs. For more information, please visit www.globalxfunds.com.

DISCLOSURE

Investing involves risk, including possible loss of principal. International investments may involve risk of unfavorable fluctuation in currency values, differences in generally accepted accounting principles, or economic or political instability in other nations. The Fund is non-diversified. Because the Fund's investments are concentrated in Chinese bonds that are concentrated in the financials sector, the Fund will be susceptible to loss due to adverse occurrences affecting this country and sector. The Fund invests directly in Chinese Renminbi (RMB)-denominated bonds that are issued or distributed within mainland China. The RMB Bond market is volatile with a risk of suspension of trading in a particular security or government intervention which may impair the liquidity of such securities. Because the Fund does not satisfy the criteria to qualify as a Renminbi Qualified Foreign Institutional Investor ("RQFII") or Qualified Foreign Institutional Investor ("QFII") itself, the Fund intends to invest directly in RMB-denominated bonds via the RQFII quota of the Fund's sub-adviser. The RQFII quota of the Sub-Adviser may be reduced or revoked by the Chinese regulators which would likely have a materially adverse effect on the Fund and its ability to achieve its investment objective. In addition, there are custody risks associated with investing through a RQFII, where due to requirements regarding establishing a custody account in the joint names of the Fund and the Sub-Adviser the Fund's assets may not be as well protected from the claims of creditors than if the Fund had an account in its name only. As specific rules governing taxes on capital gains derived by RQFIIs and QFIIs from the trading of PRC securities have yet to be announced, there may be additional tax consequences to investing in the Fund. See the prospectus under "Shareholder Information —Tax Information" for a further description of this risk.

Carefully consider the Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds' prospectuses, which may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by visiting www.globalxfunds.com. Read the prospectus carefully before investing.

Global X Management Company, LLC serves as an advisor to the Global X Funds. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Global X Management Company or any of its affiliates.

SOURCE Global X Funds

Related Links

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