GURU Global X Guru Index ETF

NEW YORK, Aug. 14, 2013 /PRNewswire/ -- Global X Funds, the $2 billion New York-based provider of exchange-traded funds (ETFs), today announced its Top Guru Holdings Index ETF (GURU) has crossed the $100 million threshold. It has also been ranked the second best-performing out of 938 large cap core mutual funds and ETFs by Lipper, the fund information and fund ratings company.

A unique fund that invests in the largest equity holdings of established hedge funds, GURU serves as a core domestic equity allocation, providing investor access to investment ideas gathered from some of the industry's top hedge funds.

"Academic and industry research shows that there is significant information value in 13F disclosures – what some of investing's best minds are buying and selling," said Global X CEO Bruno del Ama. "GURU is the culmination of extensive research to optimize the value derived from the information of what these investment gurus are buying."

The index methodology is systematically applied each quarter to the information in the 13F filings. The index employs a number of filters to identify the hedge fund gurus and creates an equal-weighted index with the largest, and therefore high conviction, positions disclosed by these hedge funds. By screening the 13F filings, GURU aims to offer investors a diversified portfolio of alpha-producing, liquid U.S.-listed equity positions.

"We've been extremely pleased that investors are responding so strongly to the fund and that we are able to deliver such strong returns," said Justin Young, Head of Capital Markets at Global X.

From the fund's inception June 4, 2012 through July 31, 2013, GURU had a total return of 53.0%, outperforming the S&P 500 by 18.5%. Over the last 12 months, GURU has returned 47.5%.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 1-888-gxfund-1 or visit our website at www.globalxfunds.com

ABOUT GLOBAL X FUNDS

Global X Funds is a New York-based sponsor of exchange-traded funds that facilitates access to investment opportunities across the global markets. With $2 billion in managed assets and more than 100,000 investors from more than 100 countries as of July 31, 2013, Global X offers exchange-traded funds that target Income, International, Commodity Producers, Alternatives, Industry and Asset Allocation fund suites. For more information about these exchanged traded funds, please visit www.globalxfunds.com.

DISCLOSURE

Investing involves risk, including the possible loss of principal. The 13F filings used to select the securities in the Underlying Index are filed by each hedge fund approximately 45 days after the end of each calendar quarter. Therefore a given hedge fund may have already sold its position by the time of the 13F filing. The selection of holdings is not based upon performance of the fund underlying hedge funds. The fund's manager employs leverage, which may accelerate the velocity of potential losses. The fund invests in small and mid-capitalization companies, which have greater volatility and less financial resources than large-capitalization companies. Furthermore, the fund may hold foreign securities which are subject to different risks than domestic securities, including foreign currency fluctuation, different financial and accounting standards, and political instability.

As of 6/30/13, the Global X Top Guru Holdings Index ETF, in Lipper's Large-Cap Core Funds, was ranked 2 out of 938 for the a period 6/30/12 to 6/30/13. Lipper rankings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. More information is available at www.lipperweb.com. Lipper Copyright 2013 Lipper rankings for Total Return reflect funds' historical total return performance relative to peers as of 6/30/13.

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, LLC.

Shares of Global X Funds are bought and sold at market price, not NAV, and are not individually redeemed from the Fund. Buying and selling shares will result in brokerage commissions. These will reduce returns.  Global X NAVs are calculated using prices as of 4:00 PM Eastern Time.  The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange.   Since the Fund's Shares typically do not trade in the secondary market until several days after the Fund's inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

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

Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund's prospectus or summary 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.

SOURCE Global X Funds