Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest.

Global X S&P 500® Covered Call UCITS ETF (the "Fund"), A sub-fund of Global X ETFs ICAV (the "ICAV") USD Distributing Share Class, IE0002L5QB31 The Fund is managed by Global X Management Company (Europe) Limited (the "Manager").

Objectives and Investment Policy The Fund’s investment objective is to generate returns that closely equity securities included in the Reference Index while it also sells a correspond, before fees and expenses, generally to the price and yield

succession of one-month at-the-money covered call options on the performance of the Cboe S&P 500 BuyWrite 15% WHT Index

securities in the Reference Index, which are held until one day prior to the (the“Index”).

expiration dates and are liquidated at a volume-weighted average price determined at the close. The Fund is passively managed. The Fund will aim to achieve its investment objective via a swap, which is an agreement between the

When not possible or practicable for the fund to continue to invest in the Fund and an approved counterparty, where the Fund will swap the Swap, the Fund may invest in depositary receipts relating either to performance/return of a basket of global equity securities and equity

components securities of the Index or to equity securities of the type related securities with the counterparty in exchange for the return of the

referred to above; and financial derivative instruments (“FDIs”), namely,- Index minus any associated fees (the “ Swap”).

options and futures for investment purposes. The Investment Manager may decide from time to time to switch partially The Fund may enter into securities lending transactions, investing in or totally between using the Swap to replicate the performance of the

repurchase and reverse repurchase transactions and short-term money Index or investing directly in global equities and equity related securitiesmarket collective investment schemes, for the purposes of efficient (which may include common stock and preferred stock) that, as far asportfolio management only. possible and practicable, consists of the component equity securities of the S&P 500® Index (the “Reference Index”) and by selling

The Fund’s base currency is USD. corresponding call options on the Reference Index and covering such For Distributing Shares, income will be paid in the form of a dividend. options by holding the securities underlying the options written. Investors can buy and sell shares of the Fund on each business day. The Fund follows a “buy-write” (also called a covered call) investment

Business day means a day on which the New York Stock Exchange and strategy in which the Fund buys an equity security or a basket of equityLondon Stock Exchange are open for normal business. securities, and also sells corresponding call options. The strategy will generate income in the form of options premium while potentially limiting

For more information about the investment policy and strategy of the increase in equity value of the basket of securities, if options arethe Fund, please refer to the sections entitled “Investment exercised.

Objective” and “Investment Policy” in the Fund’s Supplement. The Index each month measures the performance of a portfolio of the

Risk and Reward ProfileEquities Risk: The Fund may invest in equity securities which are subject

Lower Risk Higher Risk

to greater fluctuations than other assets. Factors which may affect thefluctuation including economic conditions, industry or company news. High

Typically lower rewards

Typically higher rewardsvolumes of trading may also see increased transaction costs.

Covered Call Option Writing Risk: By writing covered call options in

1

2

3

4

5

6

7return for the receipt of premiums, the Fund will give up the opportunity to

benefit from potential increases in the value of the Reference Index above

the exercise prices of such options, but will continue to bear the risk of This indicator above is based on historical data and may not be a reliable declines in the value of the Reference Index. The premiums received from indication of the future risk profile of the Fund. The risk category shown is the options may not be sufficient to offset any losses sustained from the not guaranteed and may change over time. The lowest category does not volatility of the underlying stocks over time. mean a risk-free investment.

Market Risk: The risk that the market will go down in value, with the This Fund is in risk category 6 due to the range and frequency of price possibility that such changes will be sharp and unpredictable. movements (i.e. the volatility) of the underlying investments referenced by the Fund which may not be a reliable indicator of the future risk profile of Operational Risk (including safekeeping of assets): The Fund and its the share class.

assets may experience material losses as a result of technology/system

failures, human error, policy breaches, and/or incorrect valuation of The Fund offers no capital guarantee or protection.

units. Social, political and economic developments and laws differ between The Fund may be subject to risks which are not included in the calculation regions. Changes in these may impact the Fund such as any changes that of the risk-reward indicator. Key risk factors include:

may occur due to the U.K’s withdrawal from the EU (Brexit).

Currency Risk: Some of the Fund's investments will be denominated in Risks associated with the ability to track an index: Transaction costs currencies other than the Fund’s base currency (USD) therefore investors and other fees and expenses to be borne by the Fund and exchange rate may be affected by adverse movements of the denominated currency and factors where the underlying equities are denominated in a different the base currency. The Fund may attempt to use FDIs to hedge against currency to the Base Currency or currency of any Class of Shares are likely negative currency movements, however there is no guarantee that any to affect the ability of a Fund to track the performance of the Index. attempts at hedging will be successful. You may receive payments in a Liquidity Risk: The Fund may invest in securities which may, due to different currency, so the final return you will get depend on the exchange negative market conditions, become difficult to sell or may need to be sold rate between the two currencies. This risk is not considered in the at an unfavourable price. This may affect the overall value of the Fund. indicator shown above.

Fund counterparties: The fund may suffer losses if the parties that it Derivatives Risk: The Fund may invest in FDIs to hedge against risk trades with cannot meet their financial obligations. and/or to increase return. There is no guarantee that the Fund’s use of derivatives for either purpose will be successful. Derivatives are subject to For more information on risks, please see the sections entitled "Risk counterparty risk (including potential loss of instruments) and are highly Factors" in the ICAV's prospectus and in the Fund's supplement to sensitive to underlying price movements, interest rates and market the ICAV's prospectus. volatility and therefore come with a greater risk. Swaps Counterparty Risk: The Fund will enter into a swap agreement in order to replicate the Index. Investors should note that not only will they be exposed to the credit risk of the approved counterparty but also potential conflicts of interest in the performance of the function of calculation agent under the Swap by the approved counterparty.

:DocID: KIID_IE0002L5QB31_en_20250213_6_1_USD_Distributing_Share_Cl_614881 Charges The charges you pay are used to pay the costs of running the Fund, The entry and exit charges shown are maximum figures. In some cases you including the costs of marketing and distributing the Fund. These

might pay less - you can find this out from your financial adviser. charges reduce the potential growth of your investment.The ongoing charges figure shown here is based on the total expense ratioof the Fund that the Investment Manager has agreed to cap. The Manager One-off charges taken before or after you invest

gives a commitment to respect the published figure shown and to dischargeany excess amounts out of its own assets for all other fees and expenses

Entry Charge None *

over this cap which may arise.

Exit Charge

None *

The ongoing charge figure excludes performance fees and portfolio This is the maximum that might be taken out of your money before it is transaction costs, except in the case of an entry/exit charge paid by theFund when buying or selling units in another collective investment invested or before the proceeds of your investment are paid out.

undertaking. Charges taken from the Fund over a year:

* Secondary market investors (Investors dealing on a stock exchange) maypay fees charged by their stock brokers. Such charges, if any, can be Ongoing Charges 0.45% **

obtained from stock brokers. Authorised participants dealing directly with Charges taken from the fund under certain specific conditions

the Fund will pay related transaction costs related to their subscriptions andredemptions. Performance Fee None** To the extent the Fund undertakes securities lending, the Fund willreceive 87% of the associated revenue generated from securities lendingactivities and the remaining 13% will be retained by the securities lendingagent (representing the attendant direct and indirect operational costs andfees of the securities lending). As securities lending does not increase thecosts of running the fund, this has been excluded from the ongoing charges.Please refer to the “Fees, Costs and Expenses” section of the ICAV’sProspectus and “Fees and Expenses” section of the Supplement to theProspectus for further detail on charges and fees for the relevant shareclasses.

Past Performance

25%

Past performance is not an indicator of future results.19.7%

The past performance takes account of all charges and costs.

20%

19.3%The performance of this class is calculated in US Dollar.

15%There is insufficient data to produce a useful indication of past

performance for the share class.

The Fund was established in 2023.

10%

The class launched on 11 July 2023 5% 0%20202021

2022

2023

2024USD Distributing Share Class

S&P 500® Covered Call UCITS ETF (Benchmark)Practical Information Depositary Bank: SEI Investments – Depositary and Custodial Services

Accuracy Statement: The Manager may be held liable solely on the (Ireland) Limited

basis of any statement contained in this document that is misleading,inaccurate or inconsistent with the relevant parts of the ICAV's Further Information: Further information about the ICAV, copies of theProspectus. Prospectus and Fund Supplement, latest annual, semi-annual reports and other practical information may be obtained free of charge fromUmbrella Fund: The Fund is a sub-fund of Global X ETFs ICAV, an Irish https://www.globalxetfs.eu and at the registered office of the ICAV.

collective asset-management vehicle constituted as an umbrella fundwith segregated liability between sub-funds. Latest Share Prices/Net Asset Value: The latest share prices will be made available on https://www.globalxetfs.eu or by contacting the

Segregated Liability: Under Irish law the assets and liabilities of the Administrator, SEI Investments – Global Fund Services Limited. Fund are segregated from other sub-funds within the ICAV and theassets of the Fund will not be available to satisfy the liabilities of another Remuneration Policy: Details of the remuneration policy of the Managerfund of the ICAV. are available on the Manager's website, https://www.globalxetfs.eu. A paper copy will be available free of charge from the office of the Manager This Fund is authorised in Ireland and regulated by Central Bank of upon request.

Ireland. The Manager is authorised in Ireland and regulated by theCentral Bank of Ireland. Conversion of Shares: A Shareholder may convert shares of one fund into shares of another fund or shares of a class within a fund into shares of a different class within the same fund, switching fees may apply. Notice should be given to the Directors in such form as the Directors may require. Please refer to the Prospectus for the ICAV for further details on how to exercise your right to switch. Tax Legislation: The taxation of income and capital gains of the ICAV and of the Shareholders is subject to the fiscal laws and practices of Ireland, of the countries in which the ICAV invests and of the jurisdictions in which the Shareholders are resident for tax purposes or otherwise subject to tax. Depending on your country of residence, this may impact your personal tax position. For further details, please speak to your financial adviser.

This Key Investor Information is accurate as at 17/02/2025.

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