Important Information
Investors should not base investment decisions on this material alone. Please refer to the Prospectus for details including the product features and the risk factors. Investment involves risks. Past performance is not indicative of future performance. There is no guarantee of the repayment of the principal. Investors should note:
- The investment objective of Global X China Life Franklin HK-US Equity Select ETF (the “Fund”) is to provide investment results that, before fees and expenses, closely correspond to the performance of the CSI Select Market Moderate Index.
- The Fund is exposed to concentration risk by tracking a specific region or country.
- Underlying investments of the Fund may be denominated in currencies other than the base currency of the Fund. Investors are exposed to foreign exchange risk.
- The Index constituents may be concentrated in a specific industry or sector, which may potentially more volatile than a fund with a diversified portfolio.
- The Fund may invest in small and/or mid-sized companies, which may have lower liquidity and their prices are more volatile to adverse economic developments.
- The Manager has delegated the investment discretion in respect of the Fund to the Sub Investment Manager. Any disruption in the communication with or assistance from the Sub-Investment Manager or a loss of service of the Sub-Investment Manager or any of its key personnel may adversely affect the operations of the Fund.
- The trading price of the Fund’s unit on the SEHK is driven by secondary market trading factors, which may lead to a substantial premium or discount to the Fund’s net asset value.
- The Fund’s synthetic replication strategy may invest up to 50% of its net asset value in financial derivative instruments (“FDIs”), which may expose the Fund to counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The Fund may suffer losses from its usage of FDIs.
- The Manager may at its discretion pay dividends out of the capital of the Fund. Distributions paid out of capital, represent a return of an investor’s original investment or its gains and may potentially reduce the Fund’s Net Asset Value per Share as well as the capital available for future investment.
- The investment objective of Global X S&P Crude Oil Futures Enhanced ER ETF (the “Fund”) is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the S&P GSCI Crude Oil Enhanced Index Excess Return.
- As the exposure of the Fund is concentrated in the crude oil market, it is more susceptible to the effects of crude oil price volatility than more diversified funds.
- Crude oil prices are highly volatile and may fluctuate widely and may be affected by numerous events or factors such as crude oil production and sale, complex interaction of supply and demand of crude oil, weather, crude oil inventory level, war, speculator’s activities, Organization of the Petroleum Exporting Countries’ behaviour andcontrol, economic activity of significant crude oil use country and other financial market factors.
- The exposure of the Fund is concentrated in the crude oil market, it is more susceptible to the effects of crude oil price volatility than more diversified funds.
- Investment in futures contracts involves specific risks such as high volatility, leverage, rollover and margin risks.
- The trading price of the Fund’s unit on the SEHK is driven by secondary market trading factors, which may lead to a substantial premium or discount to the Fund’s net asset value.
- The investment objective of Global X China Clean Energy ETF (the “Fund”) is to provide investment results that, before fees and expenses, closely correspond to the performance of the Solactive China Clean Energy Index.
- The Fund is exposed to concentration risk by tracking a single region or country.
- The Index constituents may be concentrated in a specific industry or sector, which may potentially more volatile than a fund with a diversified portfolio.
- Investment in Emerging Market, such as A-share market, may involve increased risks and special considerations not typically associated with investments in more developed markets, such as liquidity risk, currency risks, political risk, legal and taxation risks, and the likelihood of a high degree of volatility.
- The Stock Connect is subject to quota limitations. Where a suspension in the trading through the Stock Connect is effected, the Sub-Fund’s ability to invest in A-Shares or access Mainland China markets through the programme will be adversely affected.
- Listed companies on the ChiNext market and/or STAR Board are usually subject to higher fluctuation in stock prices and liquidity risks, over-valuation risk, differences in regulation, delisting risk, and concentration risk.
- There are risks and uncertainties associated with the current Mainland China tax laws, regulations and practice in respect of capital gains realized via Stock Connect on the Fund’s investments in Mainland China. Any increased tax liabilities on the Fund may adversely affect the Fund’s value.
- The trading price of the Fund’s unit on the SEHK is driven by secondary market trading factors, which may lead to a substantial premium or discount to the Fund’s net asset value.
- The Fund’s synthetic replication strategy may invest up to 50% of its net asset value in financial derivative instruments (“FDIs”), which may expose the Fund to counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The Fund may suffer losses from its usage of FDIs.
- The Manager may at its discretion pay dividends out of the capital of the Fund. Distributions paid out of capital, represent a return of an investor’s original investment or its gains and may potentially reduce the Fund’s Net Asset Value per Share as well as the capital available for future investment.
- The Fund may suffer from a losses or delays when recovering the securities lent out. This may potentially affect its ability to meet payment and redemption obligations. Collateral shortfalls due to inaccurate pricing or change of value of securities lent, may cause significant losses to the Fund.
- The investment objective of Global X Hang Seng High Dividend Yield ETF (the “Fund”) is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the Hang Seng High Dividend Yield Index.
- Whether or not distributions will be made by the Fund is at the discretion of the Manager taking into account various factors and its own distribution policy. There can be no assurance that the distribution yield of the Fund is the same as that of the Index.
- The Fund may invest in mid-sized companies, which may have lower liquidity and their prices are more volatile to adverse economic developments.
- The Fund invests in the emerging markets which may involve increased risks and special considerations not typically associated with investment in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.
- The trading price of the Fund’s unit on the SEHK is driven by secondary market trading factors, which may lead to a substantial premium or discount to the Fund’s net asset value.
- The Manager may at its discretion pay dividends out of the capital of the Fund. Distributions paid out of capital, represent a return of an investor’s original investment or its gains and may potentially reduce the Fund’s Net Asset Value per Share as well as the capital available for future investment.
- The Fund may suffer from a losses or delays when recovering the securities lent out. This may potentially affect its ability to meet payment and redemption obligations. Collateral shortfalls due to inaccurate pricing or change of value of securities lent, may cause significant losses to the Fund.
- The investment objective of Global X HSI Covered Call Active ETF (the “Funds”) is to generate income by primarily investing in constituent equity securities in the Hang Seng Index (the “Reference Index”) and selling (i.e. “writing”) call options on the Reference Indexes respectively to receive payments of money from the purchaser of call options (i.e. “premium”).
- If the value of the securities relating to the Reference Index held by the Fund declines, the premium that the Fund received for writing the Reference Index Call Option may reduce such loss to some extent. However, the downside of adopting a covered call strategy is that the Fund’s opportunity to profit from an increase in the level of the Reference Index is limited to the strike price of the Reference Index Call Options written, plus the premium received.
- The market value of an Reference Index Call Option may be affected by factors including supply and demand, interest rates. The Fund’s ability to utilise Reference Index Call Options successfully will depend on the ability of the Manager to correctly predict future price fluctuations.If an Reference Index Call Option expires and if there is a decline in the market value of the Reference Index during the option period, the premiums received by the Fund from writing the Reference Index Call Options may not be sufficient to offset the loss realised.
- The Reference Index Call Options in the OTC markets may not be as liquid as exchange-listed options. The Fund may find the terms of counterparties in the OTC markets to be less favorable than the terms available for listed options. Moreover, the SEHK may suspend the trading of options in volatile markets which may casue the Fund unable to write Reference Index Call Options at times
- The use of futures contracts involves market risk, volatility risk, leverage risk and negative roll yields and “contango” risk.
- Investing in Reference Index Futures and writing Reference Index Call Options generally involve the posting of margin. If the Fund is unable to meet its investment objective as a result of margin requirements imposed by the HKFE, the Fund may experience significant losses.
- The Fund employs an actively managed investment strategy. The Fund may fail to meet its objective as a result of the implementation of investment process which may cause the Fund to underperform as compared to direct investments in the constituent equity securities of the Reference Index.
- To the extent that the constituent securities of Reference Index are concentrated in securities of a particular sector or market, the investments of it may be similarly concentrated.
- The trading price of the Fund’s unit on the SEHK is driven by secondary market trading factors, which may lead to a substantial premium or discount to the Fund’s net asset value.
- The Manager may at its discretion pay dividends out of the capital of the Fund. Distributions paid out of capital, represent a return of an investor’s original investment or its gains and may potentially reduce the Fund’s Net Asset Value per Share as well as the capital available for future investment.
- The Fund may suffer from a losses or delays when recovering the securities lent out. This may potentially affect its ability to meet payment and redemption obligations. Collateral shortfalls due to inaccurate pricing or change of value of securities lent, may cause significant losses to the Fund.
- Global X Asia Semiconductor ETF’s (the “Fund’s”) investment in equity securities is subject to general market risks, whose value may fluctuate due to various factors, such as changes in investment sentiment, political and economic conditions and issuer-specific factors.
- Semiconductor industry may be affected by particular economic or market events, such as domestic and international competition pressures, rapid obsolescence of products, the economic performance of the customers of semiconductor companies and capital equipment expenditures. These companies rely on significant spending on research and development that may cause the value of securities of all companies within this sector of the market to deteriorate.
- Some Asian securities exchanges (including Mainland China) may have the right to suspend or limit trading in any security traded on the relevant exchange. The government or the regulators may also implement policies that may affect the financial markets. Some Asian markets may have higher entry barrier for investments as identification number or certificate may have to be obtained for securities trading. All these may have a negative impact on the Fund.
- The Fund invests in emerging markets which may involve increased risks and special considerations not typically associated with investment in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk, currency devaluation, inflation and the likelihood of a high degree of volatility.
- The trading price of the Fund’s unit (the “Unit”) on the Stock Exchange of Hong Kong is driven by market factors such as demand and supply of the Unit. Therefore, the Units may trade at a substantial premium or discount to the Fund’s net asset value.
- The Fund’s synthetic replication strategy will involve investing up to 50% of its net asset value in financial derivative instruments (“FDIs”), mainly funded total return swap transaction(s) through one or more counterparty(ies). Risks associated with FDIs include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. FDIs are susceptible to price fluctuations and higher volatility, and may have large bid and offer spreads and no active secondary markets. The leverage element/component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the Sub-Fund.
- As part of the securities lending transactions, there is a risk of shortfall of collateral value due to inaccurate pricing of the securities lent or change of value of securities lent. This may cause significant losses to the Fund. The borrower may fail to return the securities in a timely manner or at all. The Fund may suffer from a loss or delay when recovering the securities lent out. This may restrict the Fund’s ability in meeting delivery or payment obligations from realisation requests.
Global X Select ETFs – April 2026
| Ticker | Fund Name | Invetment Point |
|---|---|---|
| 3428 | Global X China Life Franklin HK-US Equity Select ETF | A sophisticated G2 concept ETF that bridges the world’s two most important markets. Attractive barbel strategy to combine HK high-dividend and U.S. technology leaders. |
| 3097 | Global X S&P Crude Oil Futures Enhanced ER ETF | Direct exposure to current supply-side volatility. Escalating conflict in the Middle East has heightened the probability of a “higher-for-longer” oil price environment. |
| 2809 | Global X China Clean Energy ETF | The “trauma” of high fossil fuel costs is accelerating a global transition toward non-fossil sources for national energy security. |
| 3110 | Global X Hang Seng High Yield Dividend ETF | For HK strategy, we advocate for a shift toward high-dividend and covered call strategies. |
| 3419 | Global X HSI Covered call Active ETF | We advocate for a shift toward high-dividend and active covered call strategies to navigate volatility. |
| 3119 | Global X Asia Semiconductor ETF | These companies provide the essential hardware foundation that is more immune to the risks of AI-driven business model displacement. |
[Theme 1] New Energy World
The conflict in the Middle East has intensified, increasing the probability that oil prices will remain high for an extended period. This is driven by two critical factors: first, the physical destruction of refining infrastructure has exceeded initial estimates; second, the persistent underlying tensions mean that even a ceasefire may not prevent localized skirmishes from further damaging oil facilities. For investors seeking direct exposure to this supply-side risk, we recommend Crude Oil Futures
Global X S&P Crude Oil Futures Enhanced ER ETF (3097)
While we expect oil prices to stabilize in the long run, this crisis acts as a permanent catalyst for a global overhaul of national energy strategies. The “trauma” of high energy costs is accelerating the global transition toward Energy Storage Systems (ESS), electric vehicles, and renewable sources as a matter of energy security
Global X China Clean Energy ETF (2809)
[Theme 2] a G2 Strategy: Combination of Value and Innovation
We have launched a new “G2” concept product that bridges the world’s two most important markets: Chinese high-dividend stocks and U.S. technology leaders. This strategy capitalizes on a unique barbell approach—harvesting the compelling valuations of Chinese dividend payers while maintaining exposure to the global innovation led by U.S. tech. This product offers a streamlined way to capture both deep value and secular growth
Global X China Life Franklin HK-US Select ETF (3428)
[Theme 3] HK Strategy: alternative to internet stocks
Hong Kong-listed internet firms have faced significant corrections since H2 last year, hampered by sluggish consumption, intense competition in e-commerce, and fears of AI-driven business model disruption. While we maintain an optimistic long-term outlook for China, we acknowledge these immediate risks. For HK strategy, we advocate for a shift toward high-dividend and covered call strategies. Hong Kong dividend stocks currently offer superior valuation merits globally, while covered calls provide an essential buffer during periods of heightened market volatility.
Global X Hang Seng High Dividend Yield ETF (3110), Global X HSI Covered Call Active ETF (3419)
[Theme 4] AI Strategy: Shifting Toward Asian Semiconductors
Despite recent market corrections, AI remains a non-negotiable investment theme. However, we are shifting our focus from U.S. software and chip designers—where valuations are stretched and business models face disruption—to Asian semiconductor and infrastructure players. These companies offer more attractive entry points and provide the essential hardware foundation that is immune from AI-driven model displacement.