Law Offices of DT Chisolm, P.C.
11524 C Providence Road, Suite 236
Charlotte, N.C. 28277
April 12, 2013
VIA EDGAR
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Attention: Office of Filings, Information & Consumer Services
RE: |
Global X Funds (“Trust”) File Nos. 333-151713, 811-22209 |
Ladies and Gentlemen:
On behalf of the Trust and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information as supplemented, dated April 1, 2013, to the Prospectus dated March 1, 2013, for Global X Nigeria Index ETF (the “Fund”). The purpose of the filing is to submit the 497(e) filing dated April 1, 2013 (Accession No. 0001144204-13-019381) in XBRL for the Fund.
If you have any questions regarding this filing, please contact me at (704) 806-2387.
Sincerely,
/s/ Daphne Tippens Chisolm Law Offices of DT Chisolm, PC | |
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Global X Nigeria Index ETF (Prospectus Summary) | Global X Nigeria Index ETF | |||||||||||||||||||||||
Global X Nigeria Index ETF |
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GLOBAL X FUNDS
SUPPLEMENT DATED APRIL 1, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013
This Supplement updates certain information contained in the above-dated Prospectus for Global X Funds (“Trust”) regarding Global X Nigeria Index ETF (“Fund”), a series of the Trust.
Effective immediately, Global X Management Company LLC, the investment adviser to the Fund (“Adviser”), entered into a voluntary Expense Limitation Agreement with the Fund to assure that the Fund’s total operating expenses (exclusive of taxes, brokerage fees, commissions, and other transaction expenses, interest, and extraordinary expenses (such as litigation and indemnification expenses)) will not exceed 0.68% of the Fund’s average daily net assets per year until at least April 1, 2014 and is annually renewable thereafter.
The “Annual Fund Operating Expenses” table as well as the “Example” table that appear in the section titled “Fees and Expenses” on page 105 of the Prospectus are deleted and replaced with the following: |
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Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment): |
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Example: |
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The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This example does not take into account customary brokerage fees and commissions that you pay when purchasing or selling Shares of the Fund in the secondary market. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
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Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE |
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Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Document Type | dei_DocumentType | Other |
Document Period End Date | dei_DocumentPeriodEndDate | Apr. 01, 2013 |
Registrant Name | dei_EntityRegistrantName | Global X Funds |
Central Index Key | dei_EntityCentralIndexKey | 0001432353 |
Amendment Flag | dei_AmendmentFlag | false |
Document Creation Date | dei_DocumentCreationDate | Apr. 01, 2013 |
Document Effective Date | dei_DocumentEffectiveDate | Apr. 02, 2013 |
Prospectus Date | rr_ProspectusDate | Mar. 01, 2013 |
Global X Nigeria Index ETF (Prospectus Summary) | Global X Nigeria Index ETF | Global X Nigeria Index ETF
|
||
Risk/Return: | rr_RiskReturnAbstract | |
Trading Symbol | dei_TradingSymbol | NGE |
Label | Element | Value | ||
---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||
Prospectus Date | rr_ProspectusDate | Mar. 01, 2013 | ||
Global X Nigeria Index ETF (Prospectus Summary) | Global X Nigeria Index ETF
|
||||
Risk/Return: | rr_RiskReturnAbstract | |||
Risk/Return, Heading | rr_RiskReturnHeading | Global X Nigeria Index ETF |
||
Supplement Text | cik0001432353_SupplementTextBlock | GLOBAL X FUNDS
SUPPLEMENT DATED APRIL 1, 2013 TO THE PROSPECTUS DATED MARCH 1, 2013
This Supplement updates certain information contained in the above-dated Prospectus for Global X Funds (“Trust”) regarding Global X Nigeria Index ETF (“Fund”), a series of the Trust.
Effective immediately, Global X Management Company LLC, the investment adviser to the Fund (“Adviser”), entered into a voluntary Expense Limitation Agreement with the Fund to assure that the Fund’s total operating expenses (exclusive of taxes, brokerage fees, commissions, and other transaction expenses, interest, and extraordinary expenses (such as litigation and indemnification expenses)) will not exceed 0.68% of the Fund’s average daily net assets per year until at least April 1, 2014 and is annually renewable thereafter.
The “Annual Fund Operating Expenses” table as well as the “Example” table that appear in the section titled “Fees and Expenses” on page 105 of the Prospectus are deleted and replaced with the following: |
||
Operating Expenses, Caption | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment): |
||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | “Other Expenses” reflect estimated expenses for the Fund’s first fiscal year of operations. |
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Expense Example | rr_ExpenseExampleHeading | Example: |
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Expense Example Narrative | rr_ExpenseExampleNarrativeTextBlock | The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This example does not take into account customary brokerage fees and commissions that you pay when purchasing or selling Shares of the Fund in the secondary market. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
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Expense Example by, Year, Caption | rr_ExpenseExampleByYearCaption | Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
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Supplement Closing | cik0001432353_SupplementClosingTextBlock | PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE |
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Global X Nigeria Index ETF (Prospectus Summary) | Global X Nigeria Index ETF | Global X Nigeria Index ETF
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Risk/Return: | rr_RiskReturnAbstract | |||
Management Fees: | rr_ManagementFeesOverAssets | 0.68% | ||
Distribution and Service (12b-1) Fees: | rr_DistributionAndService12b1FeesOverAssets | none | ||
Other Expenses (Custody): | rr_OtherExpensesOverAssets | 0.24% | [1] | |
Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 0.92% | ||
Expense Reimbursement and/or Fee Waiver: | rr_FeeWaiverOrReimbursementOverAssets | (0.24%) | ||
Net Expenses (as a percentage of Assets) | rr_NetExpensesOverAssets | 0.68% | ||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 69 | ||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 218 | ||
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