NEW YORK, Dec. 11 /PRNewswire-FirstCall/ -- New York-based asset manager Global X Management Company today launched the Global X China Financials ETF (NYSE Arca: CHIX), the first ETF offering targeted access to the China Financials sector. CHIX is the latest addition to the comprehensive family of China sector ETFs offered by Global X Funds. The Global X China Financials ETF seeks to replicate the S-BOX China Financials Index, which is designed to reflect the performance of the financials sector in China, the largest segment of the Chinese equity market. As of November 30, 2009, banks represent 44% of the index, real estate companies 31% and insurance companies 24%. The largest index components were China Construction Bank, Industrial and Commercial Bank of China, China Life Insurance Company and Bank of China. China is transitioning from a planned economy to a market-driven economy. Financial markets, still in the early stages of development, are the cornerstone of this transition. "Completely new market segments, such as the mortgage market, have developed over the last ten years, while relatively new markets, such as credit cards and wealth management, are rapidly expanding," said Bruno del Ama, CEO of Global X Management. "Companies in the China Financial ETF are poised to take advantage of the growth of these markets." The fund is the latest launch in the family of China sector ETFs offered by Global X Funds, joining the China Industrials ETF (ticker: CHII), China Consumer ETF (ticker: CHIQ) and China Technology ETF (ticker: CHIB), trading on the NYSE Arca; the upcoming China Energy ETF (ticker: CHIE) and China Materials ETF (ticker: CHIM) are not yet available for purchase. All funds have a 0.65% expense ratio. About Global X Management Company LLC Global X Management Company, LLC, a New York-based asset manager, serves as the investment adviser to Global X Funds. The firm, registered as an investment adviser with the Securities and Exchange Commission, specializes in innovative international ETFs. For more information, visit http://www.globalxfunds.com/. Disclosures: Investing involves risk, including the possible loss of principal. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Securities focusing on a single country and narrowly focused investments may be subject to higher volatility. There is no guarantee that companies held by the fund will profit from current or future market conditions. Structured Solutions AG Indexes have been licensed for use by Global X Management Company, LLC. Global X Funds are not sponsored, endorsed, issued, sold, or promoted by Structured Solutions AG, nor does this company make any representations regarding the advisability of investing in the Global X Funds. 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 http://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. Index data: Structured Solutions AG. DATASOURCE: Global X Management Company CONTACT: Bruno del Ama, +1-212-644-6440, Web Site: http://www.globalxfunds.com/

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