- Title:
Global X ETFs ICAV shareholder notice IE0003Z9E2Y3 - Time:
11:53:44 - Date:
21 Jun 2023 - Category:
Miscellaneous - ID:
4693D
GLOBAL X ETFs ICAV
(an umbrella fund with segregated liability between sub-funds)
10 Earlsfort Terrace
Dublin 2 D02 T380
Ireland
This document is important and requires your immediate attention. If you are in any doubt as to the action you should take, you should seek advice from your investment consultant or other professional advisors.
This document has not been reviewed by the Central Bank of Ireland (the "Central Bank").
If you have sold or transferred all of your shares in Global X Copper Miners UCITS ETF, please pass this document at once to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee as soon as possible.
Capitalised terms used herein shall bear the same meaning as defined in the prospectus of Global X ETFs ICAV (the "ICAV") dated 6 May 2021, as amended by addenda thereto dated 13 May 2022 and 1 December 2022 respectively, (collectively, the "Prospectus") and the supplement to the Prospectus for the purpose of offering shares in Global X Copper Miners UCITS ETF dated 7 February 2022 (the "Supplement"). Copies of the Prospectus and the Supplement are available upon request during normal business hours from the registered office of the ICAV.
20 June 2023
RE: Global X Copper Miners UCITS ETF (the "Fund") - Reduction in Fees
Dear Investors,
The ICAV is an open-ended investment vehicle with variable capital organised under the laws of Ireland and is authorised by the Central Bank pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011, as amended. The Fund is a sub-fund of the ICAV.
As reflected in the Supplement, the Fund employs an "all in one" fee structure pursuant to which it pays, out of its assets, a fixed total expense ratio ("TER"), which is calculated as a percentage of the Fund's net asset value.
The TER for each of the share classes of the Fund is 0.65%. It is proposed to reduce the TER to 0.55% for each share class of the Fund (the "Fee Reduction"), with effect on, or around, 5 July 2023, the date on which the updated Supplement, reflecting the Fee Reduction, will be made available to investors.
Should you have any questions relating to the changes detailed above, you should contact your local agent, or (if none) Global X ETFs on +44 (0)20 4529 2551 or [email protected], or alternatively you should contact your investment consultant, tax adviser and/or legal adviser as appropriate.
Registered Office: as above
Registration Number: C435449
Directors: Mr. Feargal Dempsey, Ms. Mary Canning and Mr. Luis Berruga (USA)
Global X ETFs ICAV shareholder notice IE0003Z9E2Y311:53:4421 Jun 2023Miscellaneous4693D