MILN


Millennials Thematic ETF

Fund Summary

The Global X Millennials Thematic ETF (MILN) seeks to invest in companies that have a high likelihood of benefiting from the rising spending power and unique preferences of the U.S. Millennial generation (birth years ranging from 1980-2000). These companies come from a broad range of categories, including: social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services.

Fund Objective

The Global X Millennials Thematic ETF (MILN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Millennials Thematic Index.

Why MILN?

High Growth Potential

MILN enables investors to access high growth potential through companies at the leading edge of a long-term, structural demographic trend affecting multiple sectors of the economy.

Unconstrained Approach

MILN's composition transcends classic sector and industry classifications by tracking an emerging theme.

ETF Efficiency

In a single trade, MILN delivers access to dozens of companies with high exposure to the Millennial theme.

Fund Details As of 12/6/19

Key Facts

Ticker MILN
Inception Date 2016-05-04
CUSIP 37954Y764
ISIN US37954Y7647
Bloomberg Index Ticker IMILN
Primary Exchange Nasdaq

Stats & Fees

Net Assets $76,120,288.65
NAV $25.37
Shares Outstanding 3,000,000
Gross Expense Ratio 0.68%
Net Expense Ratio* 0.50%

Distributions

30-Day SEC Yield 0.46%
Unsubsidized 30-Day SEC Yield 0.28%
Distribution Frequency Semi-Annually

*Fee waivers are contractual and in effect until at least April 1, 2020

Fund Prices As of 12/6/19

NAV Price
Net Asset Value $25.37 Closing Price $25.39
Daily Change $0.13 0.53% Daily Change $0.16 0.61%

Performance History

Cumulative %

Data as of month end (11/30/19)

Fund NAV Closing Price Index
1 Month 2.61% 2.69% 2.64%
3 Months 1.71% 1.83% 1.81%
6 Months 10.03% 10.11% 10.29%
Since Inception 73.87% 73.49% 76.59%

Avg Annualized %

Data as of month end (11/30/19)

Fund NAV Closing Price Index
1 Year 19.07% 19.26% 19.65%
3 Years 18.60% 18.62% 19.14%
Since Inception 16.75% 16.67% 17.24%

Avg Annualized %

Data as of quarter end (9/30/19)

Fund NAV Closing Price Index
1 Year 5.27% 5.31% 5.77%
3 Years 16.63% 16.62% 17.17%
Since Inception 16.66% 16.56% 17.16%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.

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.

Fund Characteristics As of 12/6/19

Return on Equity 16.60%
Average Market Cap $71,287.00 M
2018 2019
Price-to-earnings 42.91 36.12
Price-to-book value 6.35 5.67

Source: AltaVista Research, LLC

Fund Risk Stats As of 12/6/19

Versus Beta
S&P 500 1.00
MSCI EAFE 0.84
MSCI Emg. Mkts 0.56
Standard Deviation 13.90%

Source: AltaVista Research, LLC

Top 10 Holdings

As of 12/6/19
Net Assets % Name Market Price ($) Shares Held Market Value ($)
3.70 APPLE INC 270.71 10,413 2,818,903.23
3.62 FISERV INC 114.49 24,084 2,757,377.16
3.46 WALT DISNEY CO/THE 147.66 17,830 2,632,777.80
3.30 COSTCO WHOLESALE CORP 294.95 8,507 2,509,097.12
3.14 STARBUCKS CORP 86.32 27,676 2,388,992.32
3.14 NIKE INC -CL B 97.00 24,611 2,387,267.00
3.10 FACEBOOK INC-CLASS A 201.05 11,746 2,361,533.30
3.05 ALPHABET INC-CL A 1,339.39 1,731 2,318,484.09
3.04 EQUITY RESIDENTIAL 84.44 27,361 2,310,362.84
2.95 HOME DEPOT INC 214.28 10,476 2,244,797.28
Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables.

Investing involves risk, including the possible loss of principal. The investable universe of companies in which MILN may invest may be limited. The Fund invests in securities of companies engaged in Information Technology which can be affected by rapid product obsolescence and intense industry competition. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. MILN is non-diversified. The information provided is not intended for trading purposes, and should not be considered investment advice.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Global X NAVs are
calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds.

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 full or summary prospectus, which may be obtained by visiting globalxetfs.co.jp. Please read the prospectus carefully before investing.