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Form 485BPOS Global X Funds

May 19, 2022 4:50 PM EDT
AMENDED AND RESTATED SCHEDULE A TO THE AMENDED AND RESTATED SUPERVISION AND ADMINISTRATION AGREEMENT BETWEEN GLOBAL X FUNDS AND GLOBAL X MANAGEMENT COMPANY LLC DATED JULY 2, 2018
Intending to be legally bound, the undersigned hereby amend and restate Schedule A to the aforesaid Agreement to
include the following investment portfolios as of February 25, 2022:





Name of FundAnnual Supervision and Admin FeeDate Fund Approved by Board
Date Board Approved Continuance of
I/A/A
Date Fund Commenced Operations
Global X MSCI Norway ETF0.50%October 2, 2009November 12, 2021November 9, 2010
Global X MSCI Argentina ETF0.59%December 5, 2008November 12, 2021March 2, 2011
Global X MSCI Colombia ETF0.61%December 5, 2008November 12, 2021February 5, 2009
Global X MSCI Pakistan ETF0.68%*October 2, 2009November 12, 2021April 22, 2015
Global X MSCI China Consumer Discretionary ETF0.65%October 2, 2009November 12, 2021November 30, 2009
Global X MSCI China Energy ETF0.65%October 2, 2009November 12, 2021December 15, 2009
Global X MSCI China Financials ETF0.65%October 2, 2009November 12, 2021December 10, 2009
Global X MSCI China Industrials ETF0.65%October 2, 2009November 12, 2021November 30, 2009
Global X MSCI China Materials ETF0.65%October 2, 2009November 12, 2021January 12, 2010
Global X MSCI China Communication Services ETF0.65%October 2, 2009November 12, 2021December 8, 2009
Global X Copper Miners ETF0.65%March 26, 2010November 12, 2021April 19, 2010
Global X Silver Miners ETF0.65%March 26, 2010November 12, 2021April 19, 2010
Global X Lithium & Battery Tech ETF0.75%June 4, 2010November 12, 2021July 22, 2010
Global X Uranium ETF0.69%June 4, 2010November 12, 2021November 4, 2010
Global X Gold Explorers ETF0.65%August 27, 2010November 12, 2021November 3, 2010
Global X MSCI Next Emerging & Frontier ETF0.49%*November 17, 2010November 12, 2021November 6, 2013
Global X FTSE Southeast Asia ETF0.65%November 17, 2010November 12, 2021February 16, 2011
Global X SuperDividend® ETF0.58%February 25, 2011November 12, 2021June 8, 2011
Global X MLP ETF0.45%May 11, 2011November 12, 2021April 18, 2012
Global X MSCI Portugal ETF0.55%*August 19, 2011November 12, 2021November 12, 2013
Global X MSCI Greece ETF0.55%*August 19, 2011November 12, 2021December 7, 2011
Global X MSCI Nigeria ETF0.68%*August 19, 2011November 12, 2021April 2, 2013
Global X Disruptive Materials ETF1
0.59%August 19, 2011November 12, 2021January 24, 2022
Global X Social Media ETF0.65%August 19, 2011November 12, 2021November 14, 2011
Global X SuperIncome™ Preferred ETF0.58%February 24, 2012November 12, 2021July 16, 2012
Global X SuperDividend® REIT ETF0.58%February 24, 2012November 12, 2021March 16, 2015
Global X Guru® Index ETF0.75%May 25, 2012November 12, 2021June 4, 2012
Global X SuperDividend® U.S. ETF0.45%November 16, 2012November 12, 2021March 11, 2013
Global X MLP & Energy Infrastructure ETF0.45%February 22, 2013November 12, 2021August 6, 2013
Global X MSCI SuperDividend® Emerging Markets ETF0.65%November 14, 2014November 12, 2021March 16, 2015
Global X Renewable Energy Producers ETF0.65%April 21, 2015November 12, 2021May 27, 2015
Global X S&P 500® Catholic Values ETF
0.29%May 29, 2015November 12, 2021April 18, 2016



Global X Internet of Things ETF0.68%November 13, 2015November 12, 2021September 12, 2016
Global X Health & Wellness ETF0.50%
November 13, 2015
November 12, 2021May 9, 2016
Global X FinTech ETF0.68%
November 13, 2015
November 12, 2021September 12, 2016
Global X Conscious Companies ETF0.43%
November 13, 2015
November 12, 2021July 11, 2016
Global X Education ETF0.50%February 26, 2016November 12, 2021July 10, 2020
Global X Robotics & Artificial Intelligence ETF0.68%
February 26, 2016
November 12, 2021September 12, 2016
Global X Aging Population ETF0.50%
February 26, 2016
November 12, 2021May 9, 2016
Global X Millennial Consumer ETF0.50%
February 26, 2016
November 12, 2021May 4, 2016
Global X MSCI SuperDividend® EAFE ETF0.55%
September 9, 2016
November 12, 2021November 14, 2016
Global X Founder-Run Companies ETF0.45%
September 9, 2016
November 12, 2021February 13, 2017
Global X U.S. Infrastructure Development ETF0.47%
February 24, 2017
November 12, 2021March 6, 2017
Global X U.S. Preferred ETF0.23%February 24, 2017November 12, 2021September 11, 2017
Global X Artificial Intelligence & Technology ETF0.68%February 23, 2018November 12, 2021May 11, 2018
Global X Autonomous & Electric Vehicles ETF0.68%February 23, 2018November 12, 2021April 13, 2018
Global X S&P 500® Quality Dividend ETF
0.20%May 23, 2018November 12, 2021July 13, 2018
Global X Augmented & Virtual Reality ETF0.68%May 23, 2018November 12, 2021
Global X E-commerce ETF0.50%May 23, 2018November 12, 2021November 27, 2018
Global X Genomics & Biotechnology ETF0.50%May 23, 2018November 12, 2021April 5, 2019
Global X Adaptive U.S. Factor ETF0.27%May 23, 2018November 12, 2021August 24, 2018
Global X MSCI China Consumer Staples ETF0.65%September 13, 2018November 12, 2021December 7, 2018
Global X MSCI China Real Estate ETF0.65%September 13, 2018November 12, 2021December 7, 2018
Global X MSCI China Health Care ETF0.65%September 13, 2018November 12, 2021December 7, 2018
Global X MSCI China Utilities ETF0.65%September 13, 2018November 12, 2021December 7, 2018
Global X MSCI China Information Technology ETF0.65%September 13, 2018November 12, 2021December 7, 2018
Global X DAX Germany ETF0.20%September 13, 2018November 12, 2021December 24, 2018
Global X NASDAQ 100 Covered Call ETF0.60%September 13, 2018November 12, 2021December 24, 2018
Global X S&P 500® Covered Call ETF
0.60%September 13, 2018November 12, 2021December 24, 2018
Global X Cloud Computing ETF0.68%November 13, 2018November 12, 2021April 12, 2019
Global X Russell 2000 Covered Call ETF0.60%November 13, 2018November 12, 2021April 17, 2019
Global X Cybersecurity ETF0.50%June 13, 2019November 12, 2021October 25, 2019
Global X Video Games & Esports ETF0.50%June 13, 2019November 12, 2021October 25, 2019
Global X Cannabis ETF0.50%June 13, 2019November 12, 2021September 17, 2019
Global X Emerging Markets Bond ETF0.39%February 18, 2020November 12, 2021June 1, 2020
Global X S&P Catholic Values Developed ex-U.S. ETF0.35%February 18, 2020November 12, 2021June 22, 2020
Global X Variable Rate Preferred ETF0.25%February 18, 2020November 12, 2021June 22, 2020



Global X Telemedicine & Digital Health ETF0.68%May 29, 2020November 12, 2021July 29, 2020
Global X S&P Catholic Values U.S. Aggregate Bond ETF0.25%May 29, 2020November 12, 2021
Global X S&P 500 Covered Call & Growth ETF0.60%May 29, 2020November 12, 2021September 18, 2020
Global X Nasdaq 100 Covered Call & Growth ETF0.60%May 29, 2020November 12, 2021September 18, 2020
Global X U.S. Dividend Covered Call & Growth ETF0.60%May 29, 2020November 12, 2021
Global X CleanTech ETF0.50%May 29, 2020November 12, 2021October 27, 2020
Global X Emerging Markets Internet & E-commerce ETF0.65%July 30, 2020November 12, 2021November 9, 2020
Global X Data Center REITs & Digital Infrastructure ETF0.50%July 30, 2020November 12, 2021October 27, 2020
Global X China Biotech Innovation ETF0.65%July 30, 2020November 12, 2021September 22, 2020
Global X China Innovation ETF0.75%November 11, 2020November 12, 2021February 22, 2021
Global X Adaptive U.S. Risk Management ETF0.39%November 11, 2020November 12, 2021January 12, 2021
Global X Clean Water ETF0.50%February 26, 2021November 12, 2021April 8, 2021
Global X Nasdaq 100 Tail Risk ETF0.60%May 21, 2021November 12, 2021August 25, 2021
Global X Nasdaq 100 Risk Managed Income ETF0.60%May 21, 2021November 12, 2021August 25, 2021
Global X Nasdaq 100 Collar 95-110 ETF0.60%May 21, 2021November 12, 2021August 25, 2021
Global X S&P 500 Tail Risk ETF0.60%May 21, 2021November 12, 2021August 25, 2021
Global X S&P 500 Risk Managed Income ETF0.60%May 21, 2021November 12, 2021August 25, 2021
Global X S&P 500 Collar 95-110 ETF0.60%May 21, 2021November 12, 2021August 25, 2021
Global X Blockchain ETF0.50%May 21, 2021November 12, 2021July 12, 2021
Global X AgTech & Food Innovation ETF0.50%May 21, 2021November 12, 2021July 12, 2021
Global X Hydrogen ETF0.50%May 21, 2021November 12, 2021July 12, 2021
Global X Solar ETF0.50%May 21, 2021November 12, 2021September 8, 2021
Global X Wind Energy ETF0.50%May 21, 2021November 12, 2021September 8, 2021
Global X MSCI Vietnam ETF0.50%August 4, 2021November 12, 2021December 7, 2021
Global X Green Building ETF0.45%November 12, 2021
Global X Financials Covered Call & Growth ETF0.60%November 12, 2021
Global X Information Technology Covered Call & Growth ETF0.60%November 12, 2021
Global X Health Care Covered Call & Growth ETF0.60%November 12, 2021
Global X Dow 30® Covered Call ETF
0.60%November 12, 2021
Global X Metaverse ETF0.50%February 25, 2022



Global X Interest Rate Volatility & Inflation Hedge ETF0.45%February 25, 2022
Global X Interest Rate Hedge ETF0.45%February 25, 2022
  
*Asset-based custody fees are not included in the annual Supervision and Administration fee. Asset-based custody fees will be borne by the respective fund.
1
Effective January 7, 2022, the fund name was changed from Global X Advanced Materials ETF to Global X Disruptive Materials ETF and the Annual Supervision and Administration Fee was reduced to 0.59%.
[SIGNATURES TO FOLLOW]





 
 
GLOBAL X FUNDS 
/s/ Susan Lively 
By: Susan Lively 
Title: Secretary 
  
GLOBAL X MANAGEMENT COMPANY LLC 
  
/s/ Susan Lively 
By: Susan Lively 
Title: General Counsel 



Law Office

Stradley Ronon Stevens & Young, LLP

2000 K Street, N.W.
Suite 700
Washington, DC 20006
(202) 822-9611

May 19, 2022
Global X Funds
605 3rd Avenue, 43rd Floor
New York, NY 10158
ATTN: Susan D. Lively
Ladies and Gentlemen:
We have acted as counsel to Global X Funds, a Delaware statutory trust (the “Trust”), in connection with Post-Effective Amendment No. 677 (the “Post-Effective Amendment”) to the Trust’s registration statement on Form N-1A (File Nos. 333-151713 and 811-22209) (the “Registration Statement”), to be filed with the U. S. Securities and Exchange Commission (the “Commission”) on or about May 19, 2022, registering an unlimited number of shares of beneficial interest (the “Shares”) under the Securities Act of 1933, as amended (the “Securities Act”), of Global X Interest Rate Hedge ETF (the “Fund”), a series of the Trust.
This opinion letter is being delivered at your request in accordance with the requirements of paragraph 29 of Schedule A of the Securities Act and Item 28(i) of Form N-1A under the Securities Act and the Investment Company Act of 1940, as amended (the “Investment Company Act”).
For purposes of this opinion letter, we have examined originals or copies, certified or otherwise identified to our satisfaction, of:
 
 (i)the Post-Effective Amendment;
 
 (ii)the Declaration of Trust and By-Laws of the Trust in effect on the date of this opinion letter; and
 
 (iii)the resolutions adopted by the Trustees of the Trust relating to the Post-Effective Amendment, the establishment and designation of the Fund and the Shares, and the authorization for issuance and sale of the Shares.
We also have examined and relied upon certificates of public officials. As to certain matters of fact that are material to our opinions, we have examined the minutes of the meetings of the Board of Trustees of the Trust. We have not independently established any of the facts on which we have so relied.
For purposes of this opinion letter, we have assumed the accuracy and completeness of each document submitted to us, the genuineness of all signatures on original documents, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as facsimile, electronic, certified, conformed, or photostatic copies thereof, and the due execution and delivery of all documents where due execution and delivery are prerequisites to the effectiveness thereof. We have further assumed the legal capacity of natural persons, that persons identified to us as
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4599572v.3


officers of the Trust are actually serving in such capacity, and that the representations of officers of the Trust are correct as to matters of fact. We have not independently verified any of these assumptions.
The opinions expressed in this opinion letter are based on the facts in existence and the laws in effect on the date hereof and are limited to the laws of the State of Delaware and the provisions of the Investment Company Act that are applicable to equity securities issued by registered open-end investment companies. We are not opining on, and we assume no responsibility for, the applicability to or effect on any of the matters covered herein of any other laws.
Based upon and subject to the foregoing, it is our opinion that (1) the Shares to be issued pursuant to the Post-Effective Amendment, when issued and paid for by the purchasers upon the terms described in the Post-Effective Amendment and the Prospectus, will be validly issued, and (2) purchasers of the Shares will have no obligation to make further payments for their purchase of the Shares or contributions to the Trust or its creditors solely by reason of their ownership of the Shares.
This opinion is rendered solely in connection with the filing of the Post-Effective Amendment and supersedes any previous opinions of this firm in connection with the issuance of the Shares. We hereby consent to the filing of this opinion with the Commission in connection with the Post-Effective Amendment. In giving this consent, we do not thereby admit that we are experts with respect to any part of the Registration Statement or Prospectus within the meaning of the term “expert” as used in Section 11 of the Securities Act or the rules and regulations promulgated thereunder by the Commission, nor do we admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission promulgated thereunder.

Very truly yours,
/s/ Stradley Ronon Stevens & Young, LLP
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