Global X Funds Relaunches China Technology ETF (QQQC)

NEW YORK, Dec. 13, 2011 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange- traded funds (ETFs), today re-launched the Global X NASDAQ China Technology ETF (Ticker: QQQC) on the NASDAQ. The fund was previously named the Global X China Technology ETF (Ticker: CHIB).

(Logo:  http://photos.prnewswire.com/prnh/20110505/NY96572LOGO)

The Global X NASDAQ China Technology ETF tracks the NASDAQ OMX China Technology Index, which is designed to track the performance of the technology sector in China. As of December 12, 2011, the three largest components of the index were ASM Pacific Techno, Lenovo Group, and BAIDU, INC.

QQQC is made up of securities of companies which have their main business operations in the technology sector: computer services; internet; software; computer hardware; electronic office equipment; semiconductors; and telecommunications equipment. Investors in the fund may stand to benefit from the fact that China now has more than 500 million internet users, representing an internet penetration rate just under 40% – significantly lower than the U.S. penetration rate of nearly 80% and demonstrating the potential for future user growth (State Information Office of the Internet, 2011). In addition, in Q3 of 2011, China passed the U.S. as the largest market for smartphones in the world, with shipments just under 24 million units – a 58% increase from the previous quarter, according to Strategy Analytics. When it comes to online gaming, China's online game market is expected to reach more than 60 million users by 2013, up from 15.5 million in 2009, according to Reuters, 2010. Finally, spending on broadband infrastructure equipment is expected to reach $1.15 billion in 2014, up from $925 million in 2011 and $688 million in 2010 (HIS iSuppli, 2011).

"China is driving its efficient manufacturing and rapidly expanding consumer base into higher value, technology-based products and services," said Bruno del Ama, CEO of Global X Management.

ABOUT GLOBAL X FUNDS

Global X Funds is a New York-based provider of exchange-traded funds that facilitates access to investment opportunities across the global markets. With $1.4 billion in managed assets and over 100,000 investors from more than 100 countries as of October 28, 2011, Global X Funds currently offers exchange-traded funds that target Europe, Emerging Markets, Commodity Producers, Income Producers and Special Opportunities fund suites. For more information, please visit www.globalxfunds.com

DISCLOSURE

Investing involves risk, including the possible loss of principal. 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. Investments in Asian markets involve risks not typically associated with investments in securities of issuers in more developed countries that may negatively affect the value of your investment in the Fund. Investments in securities in the Technology sector are subject to rapid changes in technology product cycles; rapid product obsolescence; government regulation; and increased competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Small- and mid-capitalization companies often have greater price volatility, lower trading volume and less liquidity than larger more established companies. Securities focusing on a single country and narrowly focused investments may be subject to higher volatility.

Carefully consider the Global X Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Global X Funds' prospectus, 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 the investment adviser to the Global X Funds. The Global X Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Global X Management Company or any of its affiliates.

NASDAQ OMX Indexes have been licensed for use by Global X Management Company, LLC. Global X Funds are not sponsored, endorsed, issued, sold, or promoted by NASDAQ OMX, nor does this company make any representations regarding the advisability of investing in the Global X Funds.

Index data source: NASDAQ OMX.

Index components subject to change.

SOURCE Global X Funds