Global X Funds Post Record Trading Volumes

Global X Funds Lithium ETF LIT traded more than 450,000 shares on its opening day Friday, July 23, 2010, making it one of the most successful ETF launches this year. Other Global X ETFs posted significant volumes on the same day, including Global X China Consumer ETF CHIQ which hit a record volume of over a million shares. Global X Funds is one of the fastest growing ETF companies, currently managing $336.9 million in assets. Over the last two weeks alone, there have been 88 creation units across the China Consumer (CHIQ), China Materials ETF CHIM, China Financials ETF CHIX, Colombia ETF GXG, Silver Miners ETF SIL, Brazil Mid Cap ETF BRAZ, and the newly issued Lithium ETF LIT. Creation units are created by large institutional investors called Authorized Participants. In general creation units consist of 50,000 shares. This represents an aggregate inflow of $76.8 million into the fund family over the last two weeks.