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This document is issued by Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778) and Global X is solely responsible for its issue. This document may not be reproduced, distributed or published by any recipient for any purpose. Under no circumstances is this document to be used or considered as an offer to sell, or a solicitation of an offer to buy, any securities, investments, or other financial instruments. Offers of interests in any retail product will only be made in, or accompanied by, a product disclosure statement (PDS) which is available at In respect  of each retail product, Global X has prepared a target market determination (TMD) which describes the type of customers who the relevant retail product is likely to be appropriate for. The TMD also specifies distribution conditions and restrictions that will help ensure the relevant product is likely to reach customers in the target market. Each TMD is available at

The information provided in this document is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information in this document, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD.

This document has been prepared by Global X from sources which Global X believes to be correct. However, none of Global X, the group of companies which Mirae Asset Global Investments Co., Ltd is the parent or their related entities, nor any of their respective directors, employees or agents make any representation or warranty as to, or assume any responsibility for the accuracy or completeness of, or any errors or omissions in, any information or statement of opinion contained in this document or in any accompanying, previous or subsequent material or presentation. To the maximum extent permitted by law, Global X and each of those persons disclaim all any responsibility or liability for any loss or damage which may be suffered by any person relying upon any information contained in, or any omissions from, this document.

Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. None of Global X, the group of companies of which Mirae Asset Global Investments Co., Ltd is the parent, or their related entities, nor any respective directors, employees or agents guarantees the performance of any products issued by Global X or the repayment of capital or any particular rate of return therefrom.

The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Performance is not a reliable indicator of future performance.

The Global X Ultra Long Nasdaq 100 Hedge Fund (Ultra Long Fund), and the Global X Ultra Short Nasdaq 100 Hedge Fund (Ultra Short Fund) are ASX exchange traded managed funds. The Ultra Long Fund is a leveraged financial product. The Ultra Short Fund is both a short and leveraged financial product. These concepts, and the investment objective of both the Ultra Long Fund and Ultra Short Fund, are detailed in the applicable PDS. “Short” and/or “leveraged” exchange traded financial products, including the Ultra Long Fund and the Ultra Short Fund, are complex instruments and are high risk.

Each Fund uses leverage (also known as gearing) as a key element of its investment strategy. Gearing magnifies and increases the volatility of both gains and losses from the Fund’s investments. The Ultra Short Fund also uses short selling as a key element of its investment strategy. This means the Ultra Short Fund will aim to generate returns that are inversely related (i.e., in the opposite direction) to movements in the Nasdaq 100 Index (Index).

Taking short positions involves a higher level of risk to an investment than a long position as the maximum loss the Ultra Short Fund is exposed to has no upper limit. Further, an investment in either Fund will not replicate or track the performance of the Index exactly, or even closely. The amount of leverage used by each of the Ultra Long Fund and Ultra Short Fund is expressed as a target range of between 200% 275%. The performance of an investment in either Fund will depend primarily upon the general direction of the Index (up or down) and the amount of exposure to the Index (leverage) within the target range at any point in time and will also depend on the path the Fund portfolio takes to achieve its returns.

Short and leveraged exchange traded products are only intended for investors who understand the risks involved in investing in a product with short and/or leveraged exposure and who intend to invest on a short-term basis. Any investment in short and/or leveraged products should be actively managed and very closely monitored, as frequently as daily.

Before making any investment in either Fund, prospective investors should carefully consider whether they are prepared to be exposed to significant losses on their investment. Please refer to the individual PDS and TMD for each Fund for further details, and in particular the risks associated with an investment in either Fund.

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