Each Fund seeks to meet its investment objective by investing in the assets comprising the relevant Index in accordance with the weightings determined and published by the applicable Index Provider

The Morningstar® Developed Markets Technology Moat Focus IndexSM provides exposure to companies selected from global, developed markets with Morningstar Economic Moat Ratings of ‘wide’ or ‘narrow’ that are trading at low market price/fair value ratios.

Benefits of investing in the Global X Morningstar Global Technology ETF

Why TECH?

Global technology focus

Consumers who want Capital Growth and small allocation <25% of portfolio

Index Onjective

The Morningstar® Developed Markets Technology Moat Focus IndexSM provides exposure to companies selected from global, developed markets with Morningstar Economic Moat Ratings of ‘wide’ or ‘narrow’ that are trading at low market price/fair value ratios. Economic Moat Ratings are a measure of quality that relates to the sustainability of a company’s competitive advantages. Wide moat companies are positioned to sustain economic profits for at least 20 years, narrow moat companies, 10. Moat ratings and fair value estimates are determined through independent research conducted by the Morningstar Equity Research team. The Fund aims to provide investors with a return that tracks the performance of the Index.

How we invest your money

Index methodology

The methodology employed by Morningstar in calculating the Index can be found HERE

Index tracking

Each Fund will attempt to (before fees and expenses) fully replicate the performance of the relevant Index by investing its assets in a portfolio of securities that comprise the Index in proportion to the weight assigned to each security within the Index.

Any changes in the composition of an Index, whether due to scheduled rebalancing or other unscheduled events (e.g.corporate actions), will generally be reflected in the portfolio of securities held by a Fund as soon as practically possible.

In certain circumstances, it may not be possible or practical for the Responsible Entity to exactly replicate the Index. For example, trading in particular securities may be suspended. In other circumstances the exact replication of the Index may be impractical or excessively costly, for example where the Index comprises a large number of securities that are assigned small weights.

To assist investors, each Fund's full portfolio holdings will be published on a daily basis at the same time that Authorised Participants and market makers are provided with portfolio composition files.

Each Fund may hold derivative contracts from time to time, such as exchange traded options written on the Index or its constituent securities, and other investments that do not comprise the Index, but help to achieve the investment objectives of that Fund. These other investments that do not comprise the index may include for example:

• cash or short term deposits;

• related securities such as tradable rights resulting from corporate actions undertaken by Index constituents;

• depository receipts or other securities that may be substituted for Index constituents that are impractical or costly to trade; and

• futures, options, swaps or other ETFs with similar exposures to the Index that may help minimise deviations from the Index, where appropriate.

These are expected to be used in limited circumstances.

Cash balances may also be held in each Fund from time to time. None of the Funds will engage in securities lending.