Company Press Release

NEW YORK – April 19, 2012 – Global X Funds, the New York based provider of exchange traded funds (ETFs), today launched the Global X MLP ETF (MLPA). MLPA provides a comprehensive benchmark of the MLP industry, while maintaining a low fee of 0.45% versus the industry average of 0.85%.  

North America’s energy supply is constantly being transported, stored and processed to meet growing demand.  Energy MLPs are owners and operators of key pieces of infrastructure involved in this supply chain, and as a result may stand to benefit from continued energy use and additional investments in U.S. energy infrastructure.   

Historically, MLP returns have not been highly correlated with the broader market as represented by the S&P 500, offering investors the potential for portfolio diversification (Wells Fargo, 2010). Many energy MLPs operate a toll-road model for generating revenues, which generally creates a stable revenue stream, and has less direct correlation to commodity prices.  According to Forbes.com, “Infrastructure MLPs are not only stable cash flowing investments with growing dividends, but they have the potential for capital appreciation as they are one of the best ways to capitalize on the future upside created by the meteoric growth in unconventional reserves” (Forbes.com, 2011). Potential tax features of the Global X MLP ETF include 1099 tax reporting (no K-1s), qualified dividends, and as are all ETFs, they are IRA and 401k eligible. The fund pays quarterly income distributions.  

The Global X MLP ETF offers exposure to the Solactive MLP Composite Index, which is designed to be a MLP benchmark index for energy and resource master limited partnerships. As of April 17, 2012, the index consisted of 30 MLPs and the three largest components of the index were Energy Transfer Partners LP, Enterprise Products Partners, and Plains All American Pipeline LP.

“The Global X MLP ETF provides cost effective access to the MLP sector with a much lower fee than the industry average,” said Bruno del Ama, chief executive officer of Global X Funds.  

  ABOUT GLOBAL X FUNDS  

Global X Funds is a New York-based provider of exchange-traded funds that facilitates access to investment opportunities across the global markets. With $1.3 billion in managed assets and over 100,000 investors from more than 100 countries as of March 30, 2012, Global X Funds currently offers exchange-traded funds that target Commodity Producers, Europe, Emerging Markets, Income Producers and Special Opportunities fund suites. For more information, please visit www.globalxfunds.com

  DISCLOSURE

  Investing involves risk including loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Investments in securities of MLPs involve risk that differ from investments in common stock including risks related to limited control and limited rights to vote on matters affecting the MLP. MLP common units and other equity securities can be affected by macro-economic and other factors affecting the stock market in general, expectations of interest rates, investor sentiment towards MLPs or the energy sector, changes in a particular issuer’s financial condition, or unfavorable or unanticipated poor performance of a particular issuer (in the case of MLPs, generally measured in terms of distributable cash flow).  

Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ 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.

  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 or any of its affiliates.