Report of Independent Registered Public Accounting
Firm

To the Shareholders and Board of Trustees
of the Global X Funds

	In planning and performing our audit of the
financial statements of Global X Silver Miners ETF,
Global X Lithium ETF, Global X Copper Miners ETF,
Global X Brazil Mid Cap ETF, Global X Brazil
Financials, Global X Brazil Consumer ETF, Global
X/InterBolsa FTSE Colombia 20 ETF, Global X FTSE
Nordic 30 ETF, Global X China Consumer ETF, Global X
China Energy ETF, Global X China Financials ETF,
Global X China Industrials ETF, Global X China
Technology ETF, and Global X China Materials ETF,
(each a series of the Global X Funds, (the Trust) and
collectively referred to as the Funds) as of October
31, 2010, respectively, in accordance with the
standards of the Public Company Accounting Oversight
Board (United States), we considered their internal
control over financial reporting, including control
activities for safeguarding securities, as a basis
for designing our auditing procedures for the purpose
of expressing our opinion on the financial statements
and to comply with the requirements of Form N-SAR,
but not for the purpose of expressing an opinion on
the effectiveness of the Funds internal control over
financial reporting.  Accordingly, we express no such
opinion.

	The management of the Funds is responsible for
establishing and maintaining effective internal
control over financial reporting.  In fulfilling this
responsibility, estimates and judgements by
management are required to assess the expected
benefits and related costs of controls.  A companys
internal control over financial reporting is a
process designed to provide reasonable assurance
regarding the reliability of financial reporting and
the preparation of financial statements for external
purposes in accordance with generally accepted
accounting principles (GAAP).  A companys internal
control over financial reporting includes those
policies and procedures that (1) pertain to the
maintenance of records that, in reasonable detail,
accurately and fairly reflect the transactions and
dispositions of the assets of the company; (2)
provide reasonable assurance that transactions are
recorded as necessary to permit preparation of
financial statements in accordance with GAAP, and
that receipts and expenditures of the company are
being made only in accordance with authorizations of
management and directors of the company; and (3)
provide reasonable assurance regarding prevention or
timely detection of unauthorized acquisition, use or
disposition of a companys assets that could have a
material effect on the financial statements.

	Because of its inherent limitations, internal
control over financial reporting may not prevent or
detect misstatements.  Also, projections of any
evaluation of effectiveness to future periods are
subject to the risk that controls may become
inadequate because of changes in conditions, or that
the degree of compliance with the policies or
procedures may deteriorate.

	A deficiency in internal control over
financial reporting exists when the design or
operation of a control does not allow management or
employees, in the normal course of performing their
assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness
is a deficiency, or combination of deficiencies, in
internal control over financial reporting, such that
there is a reasonable possibility that a material
misstatement of the Funds annual or interim
financial statements will not be prevented or
detected on a timely basis.

	Our consideration of the Funds internal control
over financial reporting was for the limited purpose
described in the first paragraph and would not
necessarily disclose all deficiencies in internal
control that might be significant deficiencies or
material weaknesses under standards established by
the Public Company Accounting Oversight Board (United
States).  However, we noted no deficiencies in the
Funds internal control over financial reporting and
its operation, including controls for safeguarding
securities that we consider to be a material weakness
as defined above as of October 31, 2010.

	This report is intended solely for the
information and use of management and the Board of
Trustees of Global X Funds, and the Securities and
Exchange Commission and is not intended to be and
should not be used by anyone other than these
specified parties.

/s/ Sanville & Company

Abington, Pennsylvania

December 23, 2010