0001144204-12-035193.txt : 20120618 0001144204-12-035193.hdr.sgml : 20120618 20120618122356 ACCESSION NUMBER: 0001144204-12-035193 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20120618 DATE AS OF CHANGE: 20120618 EFFECTIVENESS DATE: 20120618 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global X Funds CENTRAL INDEX KEY: 0001432353 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-151713 FILM NUMBER: 12911793 BUSINESS ADDRESS: STREET 1: C/O LAW OFFICES OF DT CHISOLM, P.C. STREET 2: 11508 H-236 PROVIDENCE ROAD CITY: CHARLOTTE, STATE: NC ZIP: 28277 BUSINESS PHONE: (704) 806-2387 MAIL ADDRESS: STREET 1: C/O LAW OFFICES OF DT CHISOLM, P.C. STREET 2: 11508 H-236 PROVIDENCE ROAD CITY: CHARLOTTE, STATE: NC ZIP: 28277 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global X Funds CENTRAL INDEX KEY: 0001432353 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-22209 FILM NUMBER: 12911794 BUSINESS ADDRESS: STREET 1: C/O LAW OFFICES OF DT CHISOLM, P.C. STREET 2: 11508 H-236 PROVIDENCE ROAD CITY: CHARLOTTE, STATE: NC ZIP: 28277 BUSINESS PHONE: (704) 806-2387 MAIL ADDRESS: STREET 1: C/O LAW OFFICES OF DT CHISOLM, P.C. STREET 2: 11508 H-236 PROVIDENCE ROAD CITY: CHARLOTTE, STATE: NC ZIP: 28277 0001432353 S000037878 Global X Activist Investor Holdings Index ETF C000116929 Global X Activist Investor Holdings Index ETF 0001432353 S000037879 Global X Top Guru Holdings Index ETF C000116930 Global X Top Guru Holdings Index ETF 0001432353 S000037880 Global X Value Guru Holdings Index ETF C000116931 Global X Value Guru Holdings Index ETF 485BPOS 1 v316174_485bpos.htm POST-EFFECTIVE AMENDMENT

As filed with the U.S. Securities and Exchange Commission

on June 18, 2012

Securities Act File No. 333-151713
Investment Company Act File No. 811-22209

 

 

 

U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

 

FORM N-1A

 

Registration Statement Under The Securities Act Of 1933 þ

 

Pre-Effective Amendment No. ________ q

 

Post-Effective Amendment No. 72 þ

 

and/or

 

Registration Statement Under The Investment Company Act Of 1940 þ

 

Amendment No. 75 þ

(Check appropriate box or boxes)

 

Global X Funds

(Exact Name of Registrant as Specified in Charter)

399 Park Avenue, 32nd Floor
New York, NY 10022
(Address of Principal Executive Office)

 

Registrant’s Telephone Number, including Area Code:  (212) 644-6440

 

Bruno del Ama

Global X Management Company LLC

399 Park Avenue, 32nd Floor
New York, NY 10022
(Name and Address of Agent for Service)

With a copy to:

Daphne Tippens Chisolm, Esq.
Law Offices of DT Chisolm, P.C.
11508 H-236 Providence Road
Charlotte, NC 28277
   

 

It is proposed that this filing will become effective (check appropriate box)

þimmediately upon filing pursuant to paragraph (b)

q on (date) pursuant to paragraph (b)

q 60 days after filing pursuant to paragraph (a)(1)

q on (date) pursuant to paragraph (a)(1)

q 75 days after filing pursuant to paragraph (a)(2)

q on (date) pursuant to paragraph (a)(2) of rule 485.

 

If appropriate, check the following box:

q this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 
 

 

EXPLANATORY NOTE

 

This filing relates solely to the following series of the Registrant:

 

 

Global X Top Guru Holdings Index ETF

Global X Value Guru Holdings Index ETF

Global X Activist Investor Holdings Index ETF

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all the requirements for effectiveness of this Post-Effective Amendment No. 72 under Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment No. 72 to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City and State of New York on the 18th day of June, 2012.

 

 

Global X Funds
 
By: /s/ Bruno del Ama
      President
 

 

Pursuant to the requirements of the Securities Act of 1933, the Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

 

Name   Title   Date
         
/s/ Bruno del Ama   President (Principal Executive Officer) and Trustee   June 18, 2012
Bruno del Ama        
/s/ Jose C. Gonzalez   Chief Operating Officer, Treasurer (Principal Financial Officer) and Principal Accounting Officer   June 18, 2012
Jose C. Gonzalez        
         
*        
Sanjay Ram Bharwani   Trustee   June 18, 2012
         
*        
Scott R. Chichester   Trustee   June 18, 2012
         
*        
Kartik Kiran Shah   Trustee   June 18, 2012
         
         
*/s/ Bruno del Ama        

Attorney-In-Fact, pursuant to power of attorney

 

 

     

 

 
 

EXHIBIT INDEX

 

Index No. Description of Exhibit
   
EX-101.INS XBRL Instance Document
   
EX-101.SCH XBRL Taxonomy Extension Schema Document
   
EX-101.CAL XBRL Taxonomy Extension Calculation Linkbase
   
EX-101.DEF XBRL Taxonomy Extension Definition Linkbase
   
EX-101.LAB XBRL Taxonomy Extension Labels Linkbase
   
EX-101.PRE XBRL Taxonomy Extension Presentation Linkbase

 

 

 

 

 

 

 

 

 

EX-101.INS 2 ck0001432353-20120529.xml XBRL INSTANCE DOCUMENT Global X Funds 2012-05-29 2012-05-31 2012-05-29 485BPOS 0001432353 false 2012-05-31 The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. You will also incur usual and customary brokerage commission when buying and selling Shares. Example: "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations. The Fund does not have a full calendar year of performance. Thus, no bar chart or Average Annual Total Returns table is included for the Fund. INVESTMENT OBJECTIVE As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. SUMMARY OF PRINCIPAL RISKS PERFORMANCE INFORMATION <tt>The Fund invests at least 80% of its total assets in the securities of the<br />Underlying Index. The Fund's 80% investment policy is non-fundamental and<br />requires 60 days' prior written notice to shareholders before it can be changed.<br /> <br />The Underlying Index is comprised of U.S. listed equity positions reported on<br />Form 13F by a select group of the entities that Structured Solutions AG (the<br />"Index Provider") characterizes as premier value investors.<br /> <br />Value investors are selected from a universe of investors that aim to buy<br />securities that appear undervalued based on fundamental analysis, as defined by<br />the Index Provider. The Index Provider applies a number of criteria to narrow<br />the pool of investors to a small group that has demonstrated an outstanding<br />long-term performance track record. Value investors must have minimum reported<br />holdings of $1 billion in their form 13F to be considered for the index. As of<br />April 30, 2012, there were 20 value investors used for the construction of the<br />Underlying Index.<br /> <br />Once the pool of value investors has been determined, the Index Provider<br />utilizes 13F filings to compile the largest two position increases from each of<br />these investors. Position increases are subject to minimum sizes to be<br />considered. Positions will be sold when they decrease materially in subsequent<br />13F reports. The stocks are screened for liquidity, equal weighted, and<br />rebalanced quarterly following the 13F filing timeline. As of April 30, 2012,<br />the Underlying Index had 42 constituents.<br /> <br />The Index Provider is independent of the Fund and Global X Management Company<br />LLC, the investment adviser for the Fund ("Adviser"). The Index Provider<br />determines the relative weightings of the securities in the Underlying Index and<br />publishes information regarding the market value of the Underlying Index. The<br />Fund's Index Provider is Structured Solutions AG. The Fund's investment<br />objective and Underlying Index may be changed without shareholder approval.<br /> <br />The Adviser uses a "passive" or indexing approach to try to achieve the Fund's<br />investment objective. Unlike many investment companies, the Fund does not try to<br />"beat" the Underlying Index and does not seek temporary defensive positions when<br />markets decline or appear overvalued.<br /> <br />The Fund generally will use a replication strategy. A replication strategy is an<br />indexing strategy that involves investing in the securities of the Underlying<br />Index in approximately the same proportions as in the Underlying Index. However,<br />the Fund may utilize a representative sampling strategy with respect to the<br />Underlying Index when a replication strategy might be detrimental to shareholders, <br />such as when there are practical difficulties or substantial costs involved in <br />compiling a portfolio of equity securities to follow the Underlying Index, in <br />instances in which a security in the Underlying Index becomes temporarily illiquid,<br />unavailable or less liquid, or as a result of legal restrictions or limitations <br />(such as tax diversification requirements) that apply to the Fund but not the <br />Underlying Index.<br /> <br />Correlation: Correlation is the extent to which the values of different types of<br />investments move in tandem with one another in response to changing economic and<br />market conditions. An index is a theoretical financial calculation, while the<br />Fund is an actual investment portfolio. The performance of the Fund and the<br />Underlying Index may vary somewhat due to transaction costs, asset valuations,<br />foreign currency valuations, market impact, corporate actions (such as mergers<br />and spin-offs), legal restrictions or limitations, illiquid or unavailable<br />securities, and timing variances.<br /> <br />The Adviser expects that, over time, the correlation between the Fund's<br />performance and that of the Underlying Index, before fees and expenses, will<br />exceed 95%. A correlation percentage of 100% would indicate perfect correlation.<br />If the Fund uses a replication strategy, it can be expected to have greater<br />correlation to the Underlying Index than if it uses a representative sampling<br />strategy.<br /> <br />Industry Concentration Policy: The Fund concentrates its investments (i.e., hold<br />25% or more of its total assets) in a particular industry or group of industries<br />to approximately the same extent that the Underlying Index is concentrated.</tt> Global X Value Guru Holdings Index ETF Portfolio Turnover: <tt>As with any investment, you could lose all or part of your investment in the<br />Fund, and the Fund's performance could trail that of other investments. The Fund<br />is subject to the principal risks noted below, any of which may adversely affect<br />the Fund's net asset value ("NAV"), trading price, yield, total return and<br />ability to meet its investment objective, as well as other risks that are<br />described in greater detail in the Additional Information About the Fund's<br />Strategies and Risks section of the Prospectus and in the Statement of<br />Additional Information ("SAI").<br /> <br />Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may<br />underperform in comparison to the general securities markets or other asset<br />classes.<br /> <br />Concentration Risk: To the extent that the Fund's investments are concentrated<br />in a particular country, market, industry or asset class, the Fund will be<br />susceptible to loss due to adverse occurrences affecting that country, market,<br />industry or asset class.<br /> <br />Equity Securities Risk: Equity securities are subject to changes in value and<br />their values may be more volatile than other asset classes.<br /> <br />Foreign Security Risk: Investments in the securities of foreign issuers<br />(including investments in ADRs) are subject to the risks associated with<br />investing in those foreign markets, such as heightened risks of inflation or<br />nationalization. In addition, securities of foreign issuers may lose value due<br />to political, economic and geographic events affecting a foreign issuer or<br />market. During periods of social, political or economic instability in a country<br />or region, the value of a foreign security traded on United States' exchanges,<br />nonetheless, could be affected by, among other things, increasing price<br />volatility, illiquidity, or the closure of the primary market on which the<br />security (or the security underlying the ADR) is traded. The Fund may lose value<br />due to political, economic and geographic events affecting a foreign issuer or<br />market.<br /> <br />Geographic Risk: A natural disaster could occur in a geographic region in which<br />the Fund invests.<br /> <br />Issuer Risk: Fund performance depends on the performance of individual companies<br />in which the Fund invests. Changes to the financial condition of any of those<br />companies may cause the value of their securities to decline.<br /> <br />Liquidity Risk: Liquidity risk exists when particular investments are difficult<br />to purchase or sell. This can reduce the Fund's returns because the Fund may be<br />unable to transact at advantageous times or prices.<br /> <br />Management Risk: The Fund is subject to the risk that the Adviser's investment<br />management strategy may not produce the intended results.<br /><br />Market Risk: The Fund's NAV could decline over short periods due to short-term<br />market movements and over longer periods during market downturns.<br /> <br />Market Trading Risks: The Fund faces numerous market trading risks, including<br />the potential lack of an active market for Shares, losses from trading in<br />secondary markets, and disruption in the creation/redemption process of the<br />Fund. Any of these factors may lead to the Shares trading at a premium or<br />discount to NAV.<br /> <br />Non-Diversification Risk: The Fund may invest a large percentage of its assets<br />in securities issued by or representing a small number of issuers. As a result,<br />the Fund's performance may depend on the performance of a small number of<br />issuers.<br /> <br />Passive Investment Risk: The Fund is not actively managed and the Adviser does<br />not attempt to take defensive positions in declining markets.<br /> <br />Risk Related to Form 13F Data: The 13F filings used to select the securities in<br />the Underlying Index are filed up to 45 days after the end of each calendar<br />quarter. Therefore a given investor may have already sold its position by the<br />time the security is added to the Underlying Index. Furthermore, the 13F may<br />only disclose a subset of a particular investor's holdings, as not all<br />securities are required to be reported on the form 13F. As a result, the form<br />13F may not provide a complete picture of the holdings of a given investor.<br />Because the 13F is publicly available information, it is possible that other<br />investors are also monitoring these filings and investing accordingly. This may<br />result in inflation of the share price of securities in which the Fund invests.<br /> <br />Securities Lending Risk: Securities lending involves the risk that the Fund<br />loses money because the borrower fails to return the securities in a timely<br />manner or at all. The Fund could also lose money in the event of a decline in<br />the value of the collateral provided for loaned securities or of investments<br />made with cash collateral. These events could also trigger adverse tax<br />consequences for the Fund. As securities on loan may not be voted by the Fund,<br />there is a risk that the Fund may not be able to recall the securities in<br />sufficient time to vote on material proxy matters.<br /> <br />Small- and Mid-Capitalization Companies Risk: Small and mid-capitalization<br />companies may have greater volatility in price than the stocks of<br />large-capitalization companies due to limited product lines or resources or a<br />dependency upon a particular market niche.<br /> <br />Tracking Error Risk: The performance of the Fund may diverge from that of the<br />Underlying Index.<br /> <br />Trading Halt Risk: An exchange or market may close or issue trading halts on<br />specific securities, or the ability to buy or sell certain securities or<br />financial instruments may be restricted, which may result in the Fund being<br />unable to buy or sell certain securities or financial instruments. In such<br />circumstances, the Fund may be unable to rebalance its portfolio, may be unable<br />to accurately price its investments and/or may incur substantial trading losses.<br /> <br />Valuation Risk: The value of the securities in the Fund's portfolio may change<br />on days when shareholders will not be able to purchase or sell the Fund's<br />Shares.</tt> FEES AND EXPENSES PRINCIPAL INVESTMENT STRATEGIES The Fund concentrates its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. <tt>The Fund does not have a full calendar year of performance. Thus, no bar chart<br />or Average Annual Total Returns table is included for the Fund.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares ("Shares") of the Fund. You will also incur usual and customary brokerage<br />commission when buying and selling Shares.</tt> <div style="display:none">~ http://www.globalxfunds.com/role/OperatingExpensesData_S000037880Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment): <tt>The Fund pays transaction costs, such as commissions, when it buys and sells<br />securities (or "turns over" its portfolio). A higher portfolio turnover rate <br />may indicate higher transaction costs and may result in higher taxes when <br />Shares are held in a taxable account. These costs, which are not reflected in <br />annual fund operating expenses or in the example, affect the Fund's <br />performance. The Fund had not yet commenced investment operations as of the <br />most recent fiscal year end. Thus, no portfolio turnover rate is provided for <br />the Fund.</tt> <div style="display:none">~ http://www.globalxfunds.com/role/ExpenseExample_S000037880Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Global X Value Guru Holdings Index ETF ("Fund") seeks investment results<br />that correspond generally to the price and yield performance, before fees and<br />expenses, of the Solactive Value Guru Holdings Index ("Underlying Index").</tt> <tt>The following example is intended to help you compare the cost of investing in <br />the Fund with the cost of investing in other funds. This example does not take <br />into account customary brokerage commissions that you pay when purchasing or <br />selling shares of the Fund in the secondary market. The example assumes that <br />you invest $10,000 in the Fund for the time periods indicated and then sell <br />all of your shares at the end of those periods. The example also assumes that <br />your investment has a 5% return each year and that the Fund's operating <br />expenses remain the same. Although your actual costs may be higher or lower, <br />based on these assumptions, your costs would be:</tt> N/A 0.0000 0.0065 66 208 0.00 0.0065 The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. You will also incur usual and customary brokerage commission when buying and selling Shares. Example: "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations. The Fund does not have a full calendar year of performance. Thus, no bar chart or Average Annual Total Returns table is included for the Fund. INVESTMENT OBJECTIVE As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. SUMMARY OF PRINCIPAL RISKS PERFORMANCE INFORMATION <tt>The Fund invests at least 80% of its total assets in the securities of the<br />Underlying Index and in ADRs based on the securities in the Underlying Index.<br />The Fund's 80% investment policy is non-fundamental and requires 60 days' prior<br />written notice to shareholders before it can be changed.<br /> <br />The Underlying Index is comprised of the top U.S. listed equity positions<br />reported on Form 13F by a select group of entities that Structured Solutions AG<br />(the "Index Provider") characterizes as hedge funds.<br /> <br />Hedge funds are selected from a pool of thousands of privately offered pooled<br />investment vehicles based on the size of their reported equity holdings and the<br />efficacy of replicating their publicly disclosed positions. Hedge funds must<br />have minimum reported holdings of $500 million in their form 13F to be<br />considered for the index. Additional filters are applied to eliminate hedge<br />funds that have high turnover rates for equity holdings. Only hedge funds with a<br />concentrated top holding are included in the selection process. As of April 30,<br />2012, there were 68 hedge funds used to select their top holdings for the<br />Underlying Index.<br /> <br />Once the hedge fund pool has been determined, the Index Provider utilizes 13F<br />filings to compile the top stock holding from each of these hedge funds. The<br />stocks are screened for liquidity, equal weighted, and rebalanced quarterly<br />following the 13F filing timeline. As of April 30, 2012, the Underlying Index<br />had 51 constituents.<br /> <br />The Index Provider is independent of the Fund and Global X Management Company<br />LLC, the investment adviser for the Fund ("Adviser"). The Index Provider<br />determines the relative weightings of the securities in the Underlying Index and<br />publishes information regarding the market value of the Underlying Index. The<br />Fund's Index Provider is Structured Solutions AG. The Fund's investment<br />objective and Underlying Index may be changed without shareholder approval.<br /> <br />The Adviser uses a "passive" or indexing approach to try to achieve the Fund's<br />investment objective. Unlike many investment companies, the Fund does not try to<br />"beat" the Underlying Index and does not seek temporary defensive positions when<br />markets decline or appear overvalued.<br /> <br />The Fund generally will use a replication strategy. A replication strategy is an<br />indexing strategy that involves investing in the securities of the Underlying<br />Index in approximately the same proportions as in the Underlying Index. However,<br />the Fund may utilize a representative sampling strategy with respect to the<br />Underlying Index when a replication strategy might be detrimental to<br />shareholders, such as when there are practical difficulties or substantial costs<br />involved in compiling a portfolio of equity securities to follow the Underlying<br />Index, in instances in which a security in the Underlying Index becomes<br />temporarily illiquid, unavailable or less liquid, or as a result of legal<br />restrictions or limitations (such as tax diversification requirements) that<br />apply to the Fund but not the Underlying Index.<br /> <br />Correlation: Correlation is the extent to which the values of different types of<br />investments move in tandem with one another in response to changing economic and<br />market conditions. An index is a theoretical financial calculation, while the<br />Fund is an actual investment portfolio. The performance of the Fund and the<br />Underlying Index may vary somewhat due to transaction costs, asset valuations,<br />foreign currency valuations, market impact, corporate actions (such as mergers<br />and spin-offs), legal restrictions or limitations, illiquid or unavailable<br />securities, and timing variances.<br /> <br />The Adviser expects that, over time, the correlation between the Fund's<br />performance and that of the Underlying Index, before fees and expenses, will<br />exceed 95%. A correlation percentage of 100% would indicate perfect correlation.<br />If the Fund uses a replication strategy, it can be expected to have greater<br />correlation to the Underlying Index than if it uses a representative sampling<br />strategy.<br /><br />Industry Concentration Policy: The Fund concentrates its investments (i.e., hold<br />25% or more of its total assets) in a particular industry or group of industries<br />to approximately the same extent that the Underlying Index is concentrated.</tt> Global X Hedge Fund Top Equity Holdings Index ETF Portfolio Turnover: <tt>As with any investment, you could lose all or part of your investment in the<br />Fund, and the Fund's performance could trail that of other investments. The Fund<br />is subject to the principal risks noted below, any of which may adversely affect<br />the Fund's net asset value ("NAV"), trading price, yield, total return and<br />ability to meet its investment objective, as well as other risks that are<br />described in greater detail in the Additional Information About the Fund's<br />Strategies and Risks section of the Prospectus and in the Statement of<br />Additional Information ("SAI").<br /> <br />Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may<br />underperform in comparison to the general securities markets or other asset<br />classes.<br /> <br />Concentration Risk: To the extent that the Fund's investments are concentrated<br />in a particular country, market, industry or asset class, the Fund will be<br />susceptible to loss due to adverse occurrences affecting that country, market,<br />industry or asset class.<br /> <br />Equity Securities Risk: Equity securities are subject to changes in value and<br />their values may be more volatile than other asset classes.<br /> <br />Foreign Security Risk: Investments in the securities of foreign issuers<br />(including investments in ADRs) are subject to the risks associated with<br />investing in those foreign markets, such as heightened risks of inflation or<br />nationalization. In addition, securities of foreign issuers may lose value due<br />to political, economic and geographic events affecting a foreign issuer or<br />market. During periods of social, political or economic instability in a country<br />or region, the value of a foreign security traded on United States' exchanges,<br />nonetheless, could be affected by, among other things, increasing price<br />volatility, illiquidity, or the closure of the primary market on which the<br />security (or the security underlying the ADR) is traded. The Fund may lose value<br />due to political, economic and geographic events affecting a foreign issuer or<br />market.<br /> <br />Geographic Risk: A natural disaster could occur in a geographic region in which<br />the Fund invests.<br /> <br />Issuer Risk: Fund performance depends on the performance of individual companies<br />in which the Fund invests. Changes to the financial condition of any of those<br />companies may cause the value of their securities to decline.<br /><br />Liquidity Risk: Liquidity risk exists when particular investments are difficult<br />to purchase or sell. This can reduce the Fund's returns because the Fund may be<br />unable to transact at advantageous times or prices.<br /> <br />Management Risk: The Fund is subject to the risk that the Adviser's investment<br />management strategy may not produce the intended results.<br /> <br />Market Risk: The Fund's NAV could decline over short periods due to short-term<br />market movements and over longer periods during market downturns.<br /> <br />Market Trading Risks: The Fund faces numerous market trading risks, including<br />the potential lack of an active market for Shares, losses from trading in<br />secondary markets, and disruption in the creation/redemption process of the<br />Fund. Any of these factors may lead to the Shares trading at a premium or<br />discount to NAV.<br /> <br />Non-Diversification Risk: The Fund may invest a large percentage of its assets<br />in securities issued by or representing a small number of issuers. As a result,<br />the Fund's performance may depend on the performance of a small number of<br />issuers.<br /> <br />Passive Investment Risk: The Fund is not actively managed and the Adviser does<br />not attempt to take defensive positions in declining markets.<br /> <br />Risk Related to Form 13F Data: The 13F filings used to select the securities in<br />the Underlying Index are filed up to 45 days after the end of each calendar<br />quarter. Therefore a given investor may have already sold its position by the<br />time the security is added to the Underlying Index. Furthermore, the 13F may<br />only disclose a subset of a particular investor's holdings, as not all<br />securities are required to be reported on the form 13F. As a result, the form<br />13F may not provide a complete picture of the holdings of a given investor.<br />Because the 13F is publicly available information, it is possible that other<br />investors are also monitoring these filings and investing accordingly. This may<br />result in inflation of the share price of securities in which the Fund invests.<br /> <br />Securities Lending Risk: Securities lending involves the risk that the Fund<br />loses money because the borrower fails to return the securities in a timely<br />manner or at all. The Fund could also lose money in the event of a decline in<br />the value of the collateral provided for loaned securities or of investments<br />made with cash collateral. These events could also trigger adverse tax<br />consequences for the Fund. As securities on loan may not be voted by the Fund,<br />there is a risk that the Fund may not be able to recall the securities in<br />sufficient time to vote on material proxy matters.<br /><br />Small- and Mid-Capitalization Companies Risk: Small- and mid-capitalization<br />companies may have greater volatility in price than the stocks of<br />large-capitalization companies due to limited product lines or resources or a<br />dependency upon a particular market niche.<br /> <br />Tracking Error Risk: The performance of the Fund may diverge from that of the<br />Underlying Index.<br /> <br />Trading Halt Risk: An exchange or market may close or issue trading halts on<br />specific securities, or the ability to buy or sell certain securities or<br />financial instruments may be restricted, which may result in the Fund being<br />unable to buy or sell certain securities or financial instruments. In such<br />circumstances, the Fund may be unable to rebalance its portfolio, may be unable<br />to accurately price its investments and/or may incur substantial trading losses.<br /><br />Valuation Risk: The value of the securities in the Fund's portfolio may change<br />on days when shareholders will not be able to purchase or sell the Fund's<br />Shares.</tt> FEES AND EXPENSES PRINCIPAL INVESTMENT STRATEGIES The Fund concentrates its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. <tt>The Fund does not have a full calendar year of performance. Thus, no bar chart<br />or Average Annual Total Returns table is included for the Fund.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares ("Shares") of the Fund. You will also incur usual and customary brokerage<br />commission when buying and selling Shares.</tt> <div style="display:none">~ http://www.globalxfunds.com/role/OperatingExpensesData_S000037879Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment): <tt>The Fund pays transaction costs, such as commissions, when it buys and sells<br />securities (or "turns over" its portfolio). A higher portfolio turnover rate <br />may indicate higher transaction costs and may result in higher taxes when <br />Shares are held in a taxable account. These costs, which are not reflected in <br />annual fund operating expenses or in the example, affect the Fund's <br />performance. The Fund had not yet commenced investment operations as of the <br />most recent fiscal year end. Thus, no portfolio turnover rate is provided for <br />the Fund.</tt> <div style="display:none">~ http://www.globalxfunds.com/role/ExpenseExample_S000037879Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Global X Hedge Fund Top Equity Holdings Index ETF ("Fund") seeks investment<br />results that correspond generally to the price and yield performance, before<br />fees and expenses, of the Solactive Hedge Fund Top Equity Holdings Index<br />("Underlying Index").</tt> <tt>The following example is intended to help you compare the cost of investing in <br />the Fund with the cost of investing in other funds. This example does not take <br />into account customary brokerage commissions that you pay when purchasing or <br />selling shares of the Fund in the secondary market. The example assumes that <br />you invest $10,000 in the Fund for the time periods indicated and then sell <br />all of your shares at the end of those periods. The example also assumes that <br />your investment has a 5% return each year and that the Fund's operating <br />expenses remain the same. Although your actual costs may be higher or<br />lower, based on these assumptions, your costs would be:</tt> GURU 0.0000 0.0075 77 240 0.00 0.0075 The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. You will also incur usual and customary brokerage commission when buying and selling Shares. Example: "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations. The Fund does not have a full calendar year of performance. Thus, no bar chart or Average Annual Total Returns table is included for the Fund. INVESTMENT OBJECTIVE As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. SUMMARY OF PRINCIPAL RISKS PERFORMANCE INFORMATION <tt>The Fund invests at least 80% of its total assets in the securities of the<br />Underlying Index and in ADRs based on the securities in the Underlying Index.<br />The Fund's 80% investment policy is non-fundamental and requires 60 days' prior<br />written notice to shareholders before it can be changed.<br /> <br />The Underlying Index is comprised of U.S. listed equity positions reported on<br />Form 13F by a select group of entities that Structured Solutions AG (the "Index<br />Provider") characterizes as premier activist investors.<br /> <br />Activist investors are selected from a universe of investors that aim to buy<br />securities to put public pressure on its management to increase shareholder<br />value, as defined by the Index Provider. The Index Provider applies a number of<br />criteria to further narrow the pool of investors, such as size and performance<br />track record. Activist investors must have minimum reported holdings of $500<br />million in their form 13F to be considered for the index. As of April 30, 2012,<br />there were 11 activist investors used for the construction of the Underlying<br />Index.<br /> <br />Once the pool of activist investors has been determined, the Index Provider<br />utilizes 13F filings to compile the top three stock holdings from each of these<br />investors. The stocks are screened for liquidity, equal weighted, and rebalanced<br />quarterly following the 13F filing timeline. As of April 30, 2012, the<br />Underlying Index had 32 constituents.<br /> <br />The Index Provider is independent of the Fund and Global X Management Company<br />LLC, the investment adviser for the Fund ("Adviser"). The Index Provider<br />determines the relative weightings of the securities in the Underlying Index and<br />publishes information regarding the market value of the Underlying Index. The<br />Fund's Index Provider is Structured Solutions AG.<br /> <br />The Adviser uses a "passive" or indexing approach to try to achieve the Fund's<br />investment objective. Unlike many investment companies, the Fund does not try to<br />"beat" the Underlying Index and does not seek temporary defensive positions when<br />markets decline or appear overvalued.<br /> <br />The Fund generally will use a replication strategy. A replication strategy is an<br />indexing strategy that involves investing in the securities of the Underlying<br />Index in approximately the same proportions as in the Underlying Index. However,<br />the Fund may utilize a representative sampling strategy with respect to the<br />Underlying Index when a replication strategy might be detrimental to<br />shareholders, such as when there are practical difficulties or substantial costs<br />involved in compiling a portfolio of equity securities to follow the Underlying<br />Index, in instances in which a security in the Underlying Index becomes<br />temporarily illiquid, unavailable or less liquid, or as a result of legal<br />restrictions or limitations (such as tax diversification requirements) that<br />apply to the Fund but not the Underlying Index.<br /> <br />Correlation: Correlation is the extent to which the values of different types of<br />investments move in tandem with one another in response to changing economic and<br />market conditions. An index is a theoretical financial calculation, while the<br />Fund is an actual investment portfolio. The performance of the Fund and the<br />Underlying Index may vary somewhat due to transaction costs, asset valuations,<br />foreign currency valuations, market impact, corporate actions (such as mergers<br />and spin-offs), legal restrictions or limitations, illiquid or unavailable<br />securities, and timing variances.<br /> <br />The Adviser expects that, over time, the correlation between the Fund's<br />performance and that of the Underlying Index, before fees and expenses, will<br />exceed 95%. A correlation percentage of 100% would indicate perfect correlation.<br />If the Fund uses a replication strategy, it can be expected to have greater<br />correlation to the Underlying Index than if it uses a representative sampling<br />strategy.<br /> <br />Industry Concentration Policy: The Fund concentrates its investments (i.e., hold<br />25% or more of its total assets) in a particular industry or group of industries<br />to approximately the same extent that the Underlying Index is concentrated.</tt> Global X Activist Investor Holdings Index ETF Portfolio Turnover: <tt>As with any investment, you could lose all or part of your investment in the<br />Fund, and the Fund's performance could trail that of other investments. The Fund<br />is subject to the principal risks noted below, any of which may adversely affect<br />the Fund's net asset value ("NAV"), trading price, yield, total return and<br />ability to meet its investment objective, as well as other risks that are<br />described in greater detail in the Additional Information About the Fund's<br />Strategies and Risks section of the Prospectus and in the Statement of<br />Additional Information ("SAI").<br /> <br />Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may<br />underperform in comparison to the general securities markets or other asset<br />classes.<br /> <br />Concentration Risk: To the extent that the Fund's investments are concentrated<br />in a particular country, market, industry or asset class, the Fund will be<br />susceptible to loss due to adverse occurrences affecting that country, market,<br />industry or asset class.<br /> <br />Equity Securities Risk: Equity securities are subject to changes in value and<br />their values may be more volatile than other asset classes.<br /> <br />Foreign Security Risk: Investments in the securities of foreign issuers<br />(including investments in ADRs) are subject to the risks associated with<br />investing in those foreign markets, such as heightened risks of inflation or<br />nationalization. In addition, securities of foreign issuers may lose value due<br />to political, economic and geographic events affecting a foreign issuer or<br />market. During periods of social, political or economic instability in a country<br />or region, the value of a foreign security traded on United States' exchanges,<br />nonetheless, could be affected by, among other things, increasing price<br />volatility, illiquidity, or the closure of the primary market on which the<br />security underlying the ADR is traded. The Fund may lose value due to political,<br />economic and geographic events affecting a foreign issuer or market.<br /> <br />Geographic Risk: A natural disaster could occur in a geographic region in which<br />the Fund invests.<br /><br />Issuer Risk: Fund performance depends on the performance of individual companies<br />in which the Fund invests. Changes to the financial condition of any of those<br />companies may cause the value of their securities to decline.<br /> <br />Liquidity Risk: Liquidity risk exists when particular investments are difficult<br />to purchase or sell. This can reduce the Fund's returns because the Fund may be<br />unable to transact at advantageous times or prices.<br /> <br />Management Risk: The Fund is subject to the risk that the Adviser's investment<br />management strategy may not produce the intended results.<br /> <br />Market Risk: The Fund's NAV could decline over short periods due to short-term<br />market movements and over longer periods during market downturns.<br /> <br />Market Trading Risks: The Fund faces numerous market trading risks, including<br />the potential lack of an active market for Shares, losses from trading in<br />secondary markets, and disruption in the creation/redemption process of the<br />Fund. Any of these factors may lead to the Shares trading at a premium or<br />discount to NAV.<br /> <br />Non-Diversification Risk: The Fund may invest a large percentage of its assets<br />in securities issued by or representing a small number of issuers. As a result,<br />the Fund's performance may depend on the performance of a small number of<br />issuers.<br /> <br />Passive Investment Risk: The Fund is not actively managed and the Adviser does<br />not attempt to take defensive positions in declining markets.<br /> <br />Risk Related to Form 13F Data: The 13F filings used to select the securities in<br />the Underlying Index are filed up to 45 days after the end of each calendar<br />quarter. Therefore a given investor may have already sold its position by the<br />time the security is added to the Underlying Index. Furthermore, the 13F may<br />only disclose a subset of a particular investor's holdings, as not all<br />securities are required to be reported on the form 13F. As a result, the form<br />13F may not provide a complete picture of the holdings of a given investor.<br />Because the 13F is publicly available information, it is possible that other<br />investors are also monitoring these filings and investing accordingly. This may<br />result in inflation of the share price of securities in which the Fund invests.<br /> <br />Securities Lending Risk: Securities lending involves the risk that the Fund<br />loses money because the borrower fails to return the securities in a timely<br />manner or at all. The Fund could also lose money in the event of a decline in<br />the value of the collateral provided for loaned securities or of investments<br />made with cash collateral. These events could also trigger adverse tax<br />consequences for the Fund. As securities on loan may not be voted by the Fund,<br />there is a risk that the Fund may not be able to recall the securities in<br />sufficient time to vote on material proxy matters.<br /> <br />Small and Mid-Capitalization Companies Risk: Small and mid-capitalization<br />companies may have greater volatility in price than the stocks of<br />large-capitalization companies due to limited product lines or resources or a<br />dependency upon a particular market niche.<br /> <br />Tracking Error Risk: The performance of the Fund may diverge from that of the<br />Underlying Index.<br /> <br />Trading Halt Risk: An exchange or market may close or issue trading halts on<br />specific securities, or the ability to buy or sell certain securities or<br />financial instruments may be restricted, which may result in the Fund being<br />unable to buy or sell certain securities or financial instruments. In such<br />circumstances, the Fund may be unable to rebalance its portfolio, may be unable<br />to accurately price its investments and/or may incur substantial trading losses.<br /> <br />Valuation Risk: The value of the securities in the Fund's portfolio may change<br />on days when shareholders will not be able to purchase or sell the Fund's<br />Shares.</tt> FEES AND EXPENSES PRINCIPAL INVESTMENT STRATEGIES The Fund concentrates its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. <tt>The Fund does not have a full calendar year of performance. Thus, no bar chart<br />or Average Annual Total Returns table is included for the Fund.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares ("Shares") of the Fund. You will also incur usual and customary brokerage<br />commission when buying and selling Shares.</tt> <div style="display:none">~ http://www.globalxfunds.com/role/OperatingExpensesData_S000037878Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment): <tt>The Fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover rate <br />may indicate higher transaction costs and may result in higher taxes when <br />Shares are held in a taxable account. These costs, which are not reflected in <br />annual fund operating expenses or in the example, affect the Fund's <br />performance. The Fund had not yet commenced investment operations as of the <br />most recent fiscal year end. Thus, no portfolio turnover rate is provided for <br />the Fund.</tt> <div style="display:none">~ http://www.globalxfunds.com/role/ExpenseExample_S000037878Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Global X Activist Investor Holdings Index ETF ("Fund") seeks investment<br />results that correspond generally to the price and yield performance, before<br />fees and expenses, of the Solactive Activist Investor Holdings Index<br />("Underlying Index").</tt> <tt>The following example is intended to help you compare the cost of investing in <br />the Fund with the cost of investing in other funds. This example does not take <br />into account customary brokerage commissions that you pay when purchasing or <br />selling shares of the Fund in the secondary market. The example assumes that <br />you invest $10,000 in the Fund for the time periods indicated and then sell all <br />of your shares at the end of those periods. The example also assumes that your <br />investment has a 5% return each year and that the Fund's operating expenses <br />remain the same. Although your actual costs may be higher or lower, based on <br />these assumptions, your costs would be:</tt> N/A 0.0000 0.0075 77 240 0.00 0.0075 0001432353 ck0001432353:SummaryS000037878Memberck0001432353:S000037878Memberck0001432353:C000116929Member 2012-05-31 2012-05-31 0001432353 ck0001432353:SummaryS000037878Memberck0001432353:S000037878Member 2012-05-31 2012-05-31 0001432353 ck0001432353:SummaryS000037879Memberck0001432353:S000037879Memberck0001432353:C000116930Member 2012-05-31 2012-05-31 0001432353 ck0001432353:SummaryS000037879Memberck0001432353:S000037879Member 2012-05-31 2012-05-31 0001432353 ck0001432353:SummaryS000037880Memberck0001432353:S000037880Memberck0001432353:C000116931Member 2012-05-31 2012-05-31 0001432353 ck0001432353:SummaryS000037880Memberck0001432353:S000037880Member 2012-05-31 2012-05-31 0001432353 2012-05-31 2012-05-31 pure iso4217:USD "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations. 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Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate May 31, 2012
Global X Value Guru Holdings Index ETF (Prospectus Summary) | Global X Value Guru Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading Global X Value Guru Holdings Index ETF
Investment Objective, Heading rr_ObjectiveHeading INVESTMENT OBJECTIVE
investment Objective, Primary rr_ObjectivePrimaryTextBlock The Global X Value Guru Holdings Index ETF ("Fund") seeks investment results
that correspond generally to the price and yield performance, before fees and
expenses, of the Solactive Value Guru Holdings Index ("Underlying Index").
Expense, Heading rr_ExpenseHeading FEES AND EXPENSES
Expense, Narrative rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold
shares ("Shares") of the Fund. You will also incur usual and customary brokerage
commission when buying and selling Shares.
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
Portfolio Turnover, Heading rr_PortfolioTurnoverHeading Portfolio Turnover:
Portfolio Turnover rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when
Shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the Fund's
performance. The Fund had not yet commenced investment operations as of the
most recent fiscal year end. Thus, no portfolio turnover rate is provided for
the Fund.
Expense, Exchange Traded Fund, Commissions rr_ExpenseExchangeTradedFundCommissions You will also incur usual and customary brokerage commission when buying and selling Shares.
Other Expenses, New Fund, Based on Estimates rr_OtherExpensesNewFundBasedOnEstimates "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.
Expense Example, Heading rr_ExpenseExampleHeading Example:
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock The following example is intended to help you compare the cost of investing in
the Fund with the cost of investing in other funds. This example does not take
into account customary brokerage commissions that you pay when purchasing or
selling shares of the Fund in the secondary market. The example assumes that
you invest $10,000 in the Fund for the time periods indicated and then sell
all of your shares at the end of those periods. The example also assumes that
your investment has a 5% return each year and that the Fund's operating
expenses remain the same. Although your actual costs may be higher or lower,
based on these assumptions, your costs would be:
Investment Strategy, Heading rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock The Fund invests at least 80% of its total assets in the securities of the
Underlying Index. The Fund's 80% investment policy is non-fundamental and
requires 60 days' prior written notice to shareholders before it can be changed.

The Underlying Index is comprised of U.S. listed equity positions reported on
Form 13F by a select group of the entities that Structured Solutions AG (the
"Index Provider") characterizes as premier value investors.

Value investors are selected from a universe of investors that aim to buy
securities that appear undervalued based on fundamental analysis, as defined by
the Index Provider. The Index Provider applies a number of criteria to narrow
the pool of investors to a small group that has demonstrated an outstanding
long-term performance track record. Value investors must have minimum reported
holdings of $1 billion in their form 13F to be considered for the index. As of
April 30, 2012, there were 20 value investors used for the construction of the
Underlying Index.

Once the pool of value investors has been determined, the Index Provider
utilizes 13F filings to compile the largest two position increases from each of
these investors. Position increases are subject to minimum sizes to be
considered. Positions will be sold when they decrease materially in subsequent
13F reports. The stocks are screened for liquidity, equal weighted, and
rebalanced quarterly following the 13F filing timeline. As of April 30, 2012,
the Underlying Index had 42 constituents.

The Index Provider is independent of the Fund and Global X Management Company
LLC, the investment adviser for the Fund ("Adviser"). The Index Provider
determines the relative weightings of the securities in the Underlying Index and
publishes information regarding the market value of the Underlying Index. The
Fund's Index Provider is Structured Solutions AG. The Fund's investment
objective and Underlying Index may be changed without shareholder approval.

The Adviser uses a "passive" or indexing approach to try to achieve the Fund's
investment objective. Unlike many investment companies, the Fund does not try to
"beat" the Underlying Index and does not seek temporary defensive positions when
markets decline or appear overvalued.

The Fund generally will use a replication strategy. A replication strategy is an
indexing strategy that involves investing in the securities of the Underlying
Index in approximately the same proportions as in the Underlying Index. However,
the Fund may utilize a representative sampling strategy with respect to the
Underlying Index when a replication strategy might be detrimental to shareholders,
such as when there are practical difficulties or substantial costs involved in
compiling a portfolio of equity securities to follow the Underlying Index, in
instances in which a security in the Underlying Index becomes temporarily illiquid,
unavailable or less liquid, or as a result of legal restrictions or limitations
(such as tax diversification requirements) that apply to the Fund but not the
Underlying Index.

Correlation: Correlation is the extent to which the values of different types of
investments move in tandem with one another in response to changing economic and
market conditions. An index is a theoretical financial calculation, while the
Fund is an actual investment portfolio. The performance of the Fund and the
Underlying Index may vary somewhat due to transaction costs, asset valuations,
foreign currency valuations, market impact, corporate actions (such as mergers
and spin-offs), legal restrictions or limitations, illiquid or unavailable
securities, and timing variances.

The Adviser expects that, over time, the correlation between the Fund's
performance and that of the Underlying Index, before fees and expenses, will
exceed 95%. A correlation percentage of 100% would indicate perfect correlation.
If the Fund uses a replication strategy, it can be expected to have greater
correlation to the Underlying Index than if it uses a representative sampling
strategy.

Industry Concentration Policy: The Fund concentrates its investments (i.e., hold
25% or more of its total assets) in a particular industry or group of industries
to approximately the same extent that the Underlying Index is concentrated.
Investment Strategy, Portfolio Concentration rr_StrategyPortfolioConcentration The Fund concentrates its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated.
Risk, Heading rr_RiskHeading SUMMARY OF PRINCIPAL RISKS
Risk, Narrative rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the
Fund, and the Fund's performance could trail that of other investments. The Fund
is subject to the principal risks noted below, any of which may adversely affect
the Fund's net asset value ("NAV"), trading price, yield, total return and
ability to meet its investment objective, as well as other risks that are
described in greater detail in the Additional Information About the Fund's
Strategies and Risks section of the Prospectus and in the Statement of
Additional Information ("SAI").

Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may
underperform in comparison to the general securities markets or other asset
classes.

Concentration Risk: To the extent that the Fund's investments are concentrated
in a particular country, market, industry or asset class, the Fund will be
susceptible to loss due to adverse occurrences affecting that country, market,
industry or asset class.

Equity Securities Risk: Equity securities are subject to changes in value and
their values may be more volatile than other asset classes.

Foreign Security Risk: Investments in the securities of foreign issuers
(including investments in ADRs) are subject to the risks associated with
investing in those foreign markets, such as heightened risks of inflation or
nationalization. In addition, securities of foreign issuers may lose value due
to political, economic and geographic events affecting a foreign issuer or
market. During periods of social, political or economic instability in a country
or region, the value of a foreign security traded on United States' exchanges,
nonetheless, could be affected by, among other things, increasing price
volatility, illiquidity, or the closure of the primary market on which the
security (or the security underlying the ADR) is traded. The Fund may lose value
due to political, economic and geographic events affecting a foreign issuer or
market.

Geographic Risk: A natural disaster could occur in a geographic region in which
the Fund invests.

Issuer Risk: Fund performance depends on the performance of individual companies
in which the Fund invests. Changes to the financial condition of any of those
companies may cause the value of their securities to decline.

Liquidity Risk: Liquidity risk exists when particular investments are difficult
to purchase or sell. This can reduce the Fund's returns because the Fund may be
unable to transact at advantageous times or prices.

Management Risk: The Fund is subject to the risk that the Adviser's investment
management strategy may not produce the intended results.

Market Risk: The Fund's NAV could decline over short periods due to short-term
market movements and over longer periods during market downturns.

Market Trading Risks: The Fund faces numerous market trading risks, including
the potential lack of an active market for Shares, losses from trading in
secondary markets, and disruption in the creation/redemption process of the
Fund. Any of these factors may lead to the Shares trading at a premium or
discount to NAV.

Non-Diversification Risk: The Fund may invest a large percentage of its assets
in securities issued by or representing a small number of issuers. As a result,
the Fund's performance may depend on the performance of a small number of
issuers.

Passive Investment Risk: The Fund is not actively managed and the Adviser does
not attempt to take defensive positions in declining markets.

Risk Related to Form 13F Data: The 13F filings used to select the securities in
the Underlying Index are filed up to 45 days after the end of each calendar
quarter. Therefore a given investor may have already sold its position by the
time the security is added to the Underlying Index. Furthermore, the 13F may
only disclose a subset of a particular investor's holdings, as not all
securities are required to be reported on the form 13F. As a result, the form
13F may not provide a complete picture of the holdings of a given investor.
Because the 13F is publicly available information, it is possible that other
investors are also monitoring these filings and investing accordingly. This may
result in inflation of the share price of securities in which the Fund invests.

Securities Lending Risk: Securities lending involves the risk that the Fund
loses money because the borrower fails to return the securities in a timely
manner or at all. The Fund could also lose money in the event of a decline in
the value of the collateral provided for loaned securities or of investments
made with cash collateral. These events could also trigger adverse tax
consequences for the Fund. As securities on loan may not be voted by the Fund,
there is a risk that the Fund may not be able to recall the securities in
sufficient time to vote on material proxy matters.

Small- and Mid-Capitalization Companies Risk: Small and mid-capitalization
companies may have greater volatility in price than the stocks of
large-capitalization companies due to limited product lines or resources or a
dependency upon a particular market niche.

Tracking Error Risk: The performance of the Fund may diverge from that of the
Underlying Index.

Trading Halt Risk: An exchange or market may close or issue trading halts on
specific securities, or the ability to buy or sell certain securities or
financial instruments may be restricted, which may result in the Fund being
unable to buy or sell certain securities or financial instruments. In such
circumstances, the Fund may be unable to rebalance its portfolio, may be unable
to accurately price its investments and/or may incur substantial trading losses.

Valuation Risk: The value of the securities in the Fund's portfolio may change
on days when shareholders will not be able to purchase or sell the Fund's
Shares.
Risk, Lose Money rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk, Nondiversified Status rr_RiskNondiversifiedStatus The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading PERFORMANCE INFORMATION
Performance, Narrative rr_PerformanceNarrativeTextBlock The Fund does not have a full calendar year of performance. Thus, no bar chart
or Average Annual Total Returns table is included for the Fund.
Performance, One Year or Less rr_PerformanceOneYearOrLess The Fund does not have a full calendar year of performance. Thus, no bar chart or Average Annual Total Returns table is included for the Fund.
Global X Value Guru Holdings Index ETF (Prospectus Summary) | Global X Value Guru Holdings Index ETF | Global X Value Guru Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fees: rr_ManagementFeesOverAssets 0.65%
Distribution and Service (12b-1) Fees: rr_DistributionAndService12b1FeesOverAssets none
Other Expenses: rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses: rr_ExpensesOverAssets 0.65%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 66
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 208
[1] "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.

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Global X Hedge Fund Top Equity Holdings Index ETF (Prospectus Summary) | Global X Hedge Fund Top Equity Holdings Index ETF
Global X Hedge Fund Top Equity Holdings Index ETF
INVESTMENT OBJECTIVE
The Global X Hedge Fund Top Equity Holdings Index ETF ("Fund") seeks investment
results that correspond generally to the price and yield performance, before
fees and expenses, of the Solactive Hedge Fund Top Equity Holdings Index
("Underlying Index").
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold
shares ("Shares") of the Fund. You will also incur usual and customary brokerage
commission when buying and selling Shares.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
Annual Fund Operating Expenses
Global X Hedge Fund Top Equity Holdings Index ETF
Management Fees: 0.75%
Distribution and Service (12b-1) Fees: none
Other Expenses: [1] none
Total Annual Fund Operating Expenses: 0.75%
[1] "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.
Example:
The following example is intended to help you compare the cost of investing in
the Fund with the cost of investing in other funds. This example does not take
into account customary brokerage commissions that you pay when purchasing or
selling shares of the Fund in the secondary market. The example assumes that
you invest $10,000 in the Fund for the time periods indicated and then sell
all of your shares at the end of those periods. The example also assumes that
your investment has a 5% return each year and that the Fund's operating
expenses remain the same. Although your actual costs may be higher or
lower, based on these assumptions, your costs would be:
Expense Example (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Global X Hedge Fund Top Equity Holdings Index ETF
77 240
Portfolio Turnover:
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when
Shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the Fund's
performance. The Fund had not yet commenced investment operations as of the
most recent fiscal year end. Thus, no portfolio turnover rate is provided for
the Fund.
PRINCIPAL INVESTMENT STRATEGIES
The Fund invests at least 80% of its total assets in the securities of the
Underlying Index and in ADRs based on the securities in the Underlying Index.
The Fund's 80% investment policy is non-fundamental and requires 60 days' prior
written notice to shareholders before it can be changed.

The Underlying Index is comprised of the top U.S. listed equity positions
reported on Form 13F by a select group of entities that Structured Solutions AG
(the "Index Provider") characterizes as hedge funds.

Hedge funds are selected from a pool of thousands of privately offered pooled
investment vehicles based on the size of their reported equity holdings and the
efficacy of replicating their publicly disclosed positions. Hedge funds must
have minimum reported holdings of $500 million in their form 13F to be
considered for the index. Additional filters are applied to eliminate hedge
funds that have high turnover rates for equity holdings. Only hedge funds with a
concentrated top holding are included in the selection process. As of April 30,
2012, there were 68 hedge funds used to select their top holdings for the
Underlying Index.

Once the hedge fund pool has been determined, the Index Provider utilizes 13F
filings to compile the top stock holding from each of these hedge funds. The
stocks are screened for liquidity, equal weighted, and rebalanced quarterly
following the 13F filing timeline. As of April 30, 2012, the Underlying Index
had 51 constituents.

The Index Provider is independent of the Fund and Global X Management Company
LLC, the investment adviser for the Fund ("Adviser"). The Index Provider
determines the relative weightings of the securities in the Underlying Index and
publishes information regarding the market value of the Underlying Index. The
Fund's Index Provider is Structured Solutions AG. The Fund's investment
objective and Underlying Index may be changed without shareholder approval.

The Adviser uses a "passive" or indexing approach to try to achieve the Fund's
investment objective. Unlike many investment companies, the Fund does not try to
"beat" the Underlying Index and does not seek temporary defensive positions when
markets decline or appear overvalued.

The Fund generally will use a replication strategy. A replication strategy is an
indexing strategy that involves investing in the securities of the Underlying
Index in approximately the same proportions as in the Underlying Index. However,
the Fund may utilize a representative sampling strategy with respect to the
Underlying Index when a replication strategy might be detrimental to
shareholders, such as when there are practical difficulties or substantial costs
involved in compiling a portfolio of equity securities to follow the Underlying
Index, in instances in which a security in the Underlying Index becomes
temporarily illiquid, unavailable or less liquid, or as a result of legal
restrictions or limitations (such as tax diversification requirements) that
apply to the Fund but not the Underlying Index.

Correlation: Correlation is the extent to which the values of different types of
investments move in tandem with one another in response to changing economic and
market conditions. An index is a theoretical financial calculation, while the
Fund is an actual investment portfolio. The performance of the Fund and the
Underlying Index may vary somewhat due to transaction costs, asset valuations,
foreign currency valuations, market impact, corporate actions (such as mergers
and spin-offs), legal restrictions or limitations, illiquid or unavailable
securities, and timing variances.

The Adviser expects that, over time, the correlation between the Fund's
performance and that of the Underlying Index, before fees and expenses, will
exceed 95%. A correlation percentage of 100% would indicate perfect correlation.
If the Fund uses a replication strategy, it can be expected to have greater
correlation to the Underlying Index than if it uses a representative sampling
strategy.

Industry Concentration Policy: The Fund concentrates its investments (i.e., hold
25% or more of its total assets) in a particular industry or group of industries
to approximately the same extent that the Underlying Index is concentrated.
SUMMARY OF PRINCIPAL RISKS
As with any investment, you could lose all or part of your investment in the
Fund, and the Fund's performance could trail that of other investments. The Fund
is subject to the principal risks noted below, any of which may adversely affect
the Fund's net asset value ("NAV"), trading price, yield, total return and
ability to meet its investment objective, as well as other risks that are
described in greater detail in the Additional Information About the Fund's
Strategies and Risks section of the Prospectus and in the Statement of
Additional Information ("SAI").

Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may
underperform in comparison to the general securities markets or other asset
classes.

Concentration Risk: To the extent that the Fund's investments are concentrated
in a particular country, market, industry or asset class, the Fund will be
susceptible to loss due to adverse occurrences affecting that country, market,
industry or asset class.

Equity Securities Risk: Equity securities are subject to changes in value and
their values may be more volatile than other asset classes.

Foreign Security Risk: Investments in the securities of foreign issuers
(including investments in ADRs) are subject to the risks associated with
investing in those foreign markets, such as heightened risks of inflation or
nationalization. In addition, securities of foreign issuers may lose value due
to political, economic and geographic events affecting a foreign issuer or
market. During periods of social, political or economic instability in a country
or region, the value of a foreign security traded on United States' exchanges,
nonetheless, could be affected by, among other things, increasing price
volatility, illiquidity, or the closure of the primary market on which the
security (or the security underlying the ADR) is traded. The Fund may lose value
due to political, economic and geographic events affecting a foreign issuer or
market.

Geographic Risk: A natural disaster could occur in a geographic region in which
the Fund invests.

Issuer Risk: Fund performance depends on the performance of individual companies
in which the Fund invests. Changes to the financial condition of any of those
companies may cause the value of their securities to decline.

Liquidity Risk: Liquidity risk exists when particular investments are difficult
to purchase or sell. This can reduce the Fund's returns because the Fund may be
unable to transact at advantageous times or prices.

Management Risk: The Fund is subject to the risk that the Adviser's investment
management strategy may not produce the intended results.

Market Risk: The Fund's NAV could decline over short periods due to short-term
market movements and over longer periods during market downturns.

Market Trading Risks: The Fund faces numerous market trading risks, including
the potential lack of an active market for Shares, losses from trading in
secondary markets, and disruption in the creation/redemption process of the
Fund. Any of these factors may lead to the Shares trading at a premium or
discount to NAV.

Non-Diversification Risk: The Fund may invest a large percentage of its assets
in securities issued by or representing a small number of issuers. As a result,
the Fund's performance may depend on the performance of a small number of
issuers.

Passive Investment Risk: The Fund is not actively managed and the Adviser does
not attempt to take defensive positions in declining markets.

Risk Related to Form 13F Data: The 13F filings used to select the securities in
the Underlying Index are filed up to 45 days after the end of each calendar
quarter. Therefore a given investor may have already sold its position by the
time the security is added to the Underlying Index. Furthermore, the 13F may
only disclose a subset of a particular investor's holdings, as not all
securities are required to be reported on the form 13F. As a result, the form
13F may not provide a complete picture of the holdings of a given investor.
Because the 13F is publicly available information, it is possible that other
investors are also monitoring these filings and investing accordingly. This may
result in inflation of the share price of securities in which the Fund invests.

Securities Lending Risk: Securities lending involves the risk that the Fund
loses money because the borrower fails to return the securities in a timely
manner or at all. The Fund could also lose money in the event of a decline in
the value of the collateral provided for loaned securities or of investments
made with cash collateral. These events could also trigger adverse tax
consequences for the Fund. As securities on loan may not be voted by the Fund,
there is a risk that the Fund may not be able to recall the securities in
sufficient time to vote on material proxy matters.

Small- and Mid-Capitalization Companies Risk: Small- and mid-capitalization
companies may have greater volatility in price than the stocks of
large-capitalization companies due to limited product lines or resources or a
dependency upon a particular market niche.

Tracking Error Risk: The performance of the Fund may diverge from that of the
Underlying Index.

Trading Halt Risk: An exchange or market may close or issue trading halts on
specific securities, or the ability to buy or sell certain securities or
financial instruments may be restricted, which may result in the Fund being
unable to buy or sell certain securities or financial instruments. In such
circumstances, the Fund may be unable to rebalance its portfolio, may be unable
to accurately price its investments and/or may incur substantial trading losses.

Valuation Risk: The value of the securities in the Fund's portfolio may change
on days when shareholders will not be able to purchase or sell the Fund's
Shares.
PERFORMANCE INFORMATION
The Fund does not have a full calendar year of performance. Thus, no bar chart
or Average Annual Total Returns table is included for the Fund.
XML 13 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Global X Value Guru Holdings Index ETF (Prospectus Summary) | Global X Value Guru Holdings Index ETF
Global X Value Guru Holdings Index ETF
INVESTMENT OBJECTIVE
The Global X Value Guru Holdings Index ETF ("Fund") seeks investment results
that correspond generally to the price and yield performance, before fees and
expenses, of the Solactive Value Guru Holdings Index ("Underlying Index").
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold
shares ("Shares") of the Fund. You will also incur usual and customary brokerage
commission when buying and selling Shares.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
Annual Fund Operating Expenses
Global X Value Guru Holdings Index ETF
Management Fees: 0.65%
Distribution and Service (12b-1) Fees: none
Other Expenses: [1] none
Total Annual Fund Operating Expenses: 0.65%
[1] "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.
Example:
The following example is intended to help you compare the cost of investing in
the Fund with the cost of investing in other funds. This example does not take
into account customary brokerage commissions that you pay when purchasing or
selling shares of the Fund in the secondary market. The example assumes that
you invest $10,000 in the Fund for the time periods indicated and then sell
all of your shares at the end of those periods. The example also assumes that
your investment has a 5% return each year and that the Fund's operating
expenses remain the same. Although your actual costs may be higher or lower,
based on these assumptions, your costs would be:
Expense Example (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Global X Value Guru Holdings Index ETF
66 208
Portfolio Turnover:
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when
Shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the Fund's
performance. The Fund had not yet commenced investment operations as of the
most recent fiscal year end. Thus, no portfolio turnover rate is provided for
the Fund.
PRINCIPAL INVESTMENT STRATEGIES
The Fund invests at least 80% of its total assets in the securities of the
Underlying Index. The Fund's 80% investment policy is non-fundamental and
requires 60 days' prior written notice to shareholders before it can be changed.

The Underlying Index is comprised of U.S. listed equity positions reported on
Form 13F by a select group of the entities that Structured Solutions AG (the
"Index Provider") characterizes as premier value investors.

Value investors are selected from a universe of investors that aim to buy
securities that appear undervalued based on fundamental analysis, as defined by
the Index Provider. The Index Provider applies a number of criteria to narrow
the pool of investors to a small group that has demonstrated an outstanding
long-term performance track record. Value investors must have minimum reported
holdings of $1 billion in their form 13F to be considered for the index. As of
April 30, 2012, there were 20 value investors used for the construction of the
Underlying Index.

Once the pool of value investors has been determined, the Index Provider
utilizes 13F filings to compile the largest two position increases from each of
these investors. Position increases are subject to minimum sizes to be
considered. Positions will be sold when they decrease materially in subsequent
13F reports. The stocks are screened for liquidity, equal weighted, and
rebalanced quarterly following the 13F filing timeline. As of April 30, 2012,
the Underlying Index had 42 constituents.

The Index Provider is independent of the Fund and Global X Management Company
LLC, the investment adviser for the Fund ("Adviser"). The Index Provider
determines the relative weightings of the securities in the Underlying Index and
publishes information regarding the market value of the Underlying Index. The
Fund's Index Provider is Structured Solutions AG. The Fund's investment
objective and Underlying Index may be changed without shareholder approval.

The Adviser uses a "passive" or indexing approach to try to achieve the Fund's
investment objective. Unlike many investment companies, the Fund does not try to
"beat" the Underlying Index and does not seek temporary defensive positions when
markets decline or appear overvalued.

The Fund generally will use a replication strategy. A replication strategy is an
indexing strategy that involves investing in the securities of the Underlying
Index in approximately the same proportions as in the Underlying Index. However,
the Fund may utilize a representative sampling strategy with respect to the
Underlying Index when a replication strategy might be detrimental to shareholders,
such as when there are practical difficulties or substantial costs involved in
compiling a portfolio of equity securities to follow the Underlying Index, in
instances in which a security in the Underlying Index becomes temporarily illiquid,
unavailable or less liquid, or as a result of legal restrictions or limitations
(such as tax diversification requirements) that apply to the Fund but not the
Underlying Index.

Correlation: Correlation is the extent to which the values of different types of
investments move in tandem with one another in response to changing economic and
market conditions. An index is a theoretical financial calculation, while the
Fund is an actual investment portfolio. The performance of the Fund and the
Underlying Index may vary somewhat due to transaction costs, asset valuations,
foreign currency valuations, market impact, corporate actions (such as mergers
and spin-offs), legal restrictions or limitations, illiquid or unavailable
securities, and timing variances.

The Adviser expects that, over time, the correlation between the Fund's
performance and that of the Underlying Index, before fees and expenses, will
exceed 95%. A correlation percentage of 100% would indicate perfect correlation.
If the Fund uses a replication strategy, it can be expected to have greater
correlation to the Underlying Index than if it uses a representative sampling
strategy.

Industry Concentration Policy: The Fund concentrates its investments (i.e., hold
25% or more of its total assets) in a particular industry or group of industries
to approximately the same extent that the Underlying Index is concentrated.
SUMMARY OF PRINCIPAL RISKS
As with any investment, you could lose all or part of your investment in the
Fund, and the Fund's performance could trail that of other investments. The Fund
is subject to the principal risks noted below, any of which may adversely affect
the Fund's net asset value ("NAV"), trading price, yield, total return and
ability to meet its investment objective, as well as other risks that are
described in greater detail in the Additional Information About the Fund's
Strategies and Risks section of the Prospectus and in the Statement of
Additional Information ("SAI").

Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may
underperform in comparison to the general securities markets or other asset
classes.

Concentration Risk: To the extent that the Fund's investments are concentrated
in a particular country, market, industry or asset class, the Fund will be
susceptible to loss due to adverse occurrences affecting that country, market,
industry or asset class.

Equity Securities Risk: Equity securities are subject to changes in value and
their values may be more volatile than other asset classes.

Foreign Security Risk: Investments in the securities of foreign issuers
(including investments in ADRs) are subject to the risks associated with
investing in those foreign markets, such as heightened risks of inflation or
nationalization. In addition, securities of foreign issuers may lose value due
to political, economic and geographic events affecting a foreign issuer or
market. During periods of social, political or economic instability in a country
or region, the value of a foreign security traded on United States' exchanges,
nonetheless, could be affected by, among other things, increasing price
volatility, illiquidity, or the closure of the primary market on which the
security (or the security underlying the ADR) is traded. The Fund may lose value
due to political, economic and geographic events affecting a foreign issuer or
market.

Geographic Risk: A natural disaster could occur in a geographic region in which
the Fund invests.

Issuer Risk: Fund performance depends on the performance of individual companies
in which the Fund invests. Changes to the financial condition of any of those
companies may cause the value of their securities to decline.

Liquidity Risk: Liquidity risk exists when particular investments are difficult
to purchase or sell. This can reduce the Fund's returns because the Fund may be
unable to transact at advantageous times or prices.

Management Risk: The Fund is subject to the risk that the Adviser's investment
management strategy may not produce the intended results.

Market Risk: The Fund's NAV could decline over short periods due to short-term
market movements and over longer periods during market downturns.

Market Trading Risks: The Fund faces numerous market trading risks, including
the potential lack of an active market for Shares, losses from trading in
secondary markets, and disruption in the creation/redemption process of the
Fund. Any of these factors may lead to the Shares trading at a premium or
discount to NAV.

Non-Diversification Risk: The Fund may invest a large percentage of its assets
in securities issued by or representing a small number of issuers. As a result,
the Fund's performance may depend on the performance of a small number of
issuers.

Passive Investment Risk: The Fund is not actively managed and the Adviser does
not attempt to take defensive positions in declining markets.

Risk Related to Form 13F Data: The 13F filings used to select the securities in
the Underlying Index are filed up to 45 days after the end of each calendar
quarter. Therefore a given investor may have already sold its position by the
time the security is added to the Underlying Index. Furthermore, the 13F may
only disclose a subset of a particular investor's holdings, as not all
securities are required to be reported on the form 13F. As a result, the form
13F may not provide a complete picture of the holdings of a given investor.
Because the 13F is publicly available information, it is possible that other
investors are also monitoring these filings and investing accordingly. This may
result in inflation of the share price of securities in which the Fund invests.

Securities Lending Risk: Securities lending involves the risk that the Fund
loses money because the borrower fails to return the securities in a timely
manner or at all. The Fund could also lose money in the event of a decline in
the value of the collateral provided for loaned securities or of investments
made with cash collateral. These events could also trigger adverse tax
consequences for the Fund. As securities on loan may not be voted by the Fund,
there is a risk that the Fund may not be able to recall the securities in
sufficient time to vote on material proxy matters.

Small- and Mid-Capitalization Companies Risk: Small and mid-capitalization
companies may have greater volatility in price than the stocks of
large-capitalization companies due to limited product lines or resources or a
dependency upon a particular market niche.

Tracking Error Risk: The performance of the Fund may diverge from that of the
Underlying Index.

Trading Halt Risk: An exchange or market may close or issue trading halts on
specific securities, or the ability to buy or sell certain securities or
financial instruments may be restricted, which may result in the Fund being
unable to buy or sell certain securities or financial instruments. In such
circumstances, the Fund may be unable to rebalance its portfolio, may be unable
to accurately price its investments and/or may incur substantial trading losses.

Valuation Risk: The value of the securities in the Fund's portfolio may change
on days when shareholders will not be able to purchase or sell the Fund's
Shares.
PERFORMANCE INFORMATION
The Fund does not have a full calendar year of performance. Thus, no bar chart
or Average Annual Total Returns table is included for the Fund.
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XML 15 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate May 29, 2012
Registrant Name dei_EntityRegistrantName Global X Funds
Central Index Key dei_EntityCentralIndexKey 0001432353
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate May 29, 2012
Document Effective Date dei_DocumentEffectiveDate May 31, 2012
Global X Hedge Fund Top Equity Holdings Index ETF (Prospectus Summary) | Global X Hedge Fund Top Equity Holdings Index ETF | Global X Hedge Fund Top Equity Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol GURU
Global X Value Guru Holdings Index ETF (Prospectus Summary) | Global X Value Guru Holdings Index ETF | Global X Value Guru Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol N/A
Global X Activist Investor Holdings Index ETF (Prospectus Summary) | Global X Activist Investor Holdings Index ETF | Global X Activist Investor Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol N/A
XML 16 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate May 31, 2012
Global X Activist Investor Holdings Index ETF (Prospectus Summary) | Global X Activist Investor Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading Global X Activist Investor Holdings Index ETF
Investment Objective, Heading rr_ObjectiveHeading INVESTMENT OBJECTIVE
investment Objective, Primary rr_ObjectivePrimaryTextBlock The Global X Activist Investor Holdings Index ETF ("Fund") seeks investment
results that correspond generally to the price and yield performance, before
fees and expenses, of the Solactive Activist Investor Holdings Index
("Underlying Index").
Expense, Heading rr_ExpenseHeading FEES AND EXPENSES
Expense, Narrative rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold
shares ("Shares") of the Fund. You will also incur usual and customary brokerage
commission when buying and selling Shares.
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
Portfolio Turnover, Heading rr_PortfolioTurnoverHeading Portfolio Turnover:
Portfolio Turnover rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when
Shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the Fund's
performance. The Fund had not yet commenced investment operations as of the
most recent fiscal year end. Thus, no portfolio turnover rate is provided for
the Fund.
Expense, Exchange Traded Fund, Commissions rr_ExpenseExchangeTradedFundCommissions You will also incur usual and customary brokerage commission when buying and selling Shares.
Other Expenses, New Fund, Based on Estimates rr_OtherExpensesNewFundBasedOnEstimates "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.
Expense Example, Heading rr_ExpenseExampleHeading Example:
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock The following example is intended to help you compare the cost of investing in
the Fund with the cost of investing in other funds. This example does not take
into account customary brokerage commissions that you pay when purchasing or
selling shares of the Fund in the secondary market. The example assumes that
you invest $10,000 in the Fund for the time periods indicated and then sell all
of your shares at the end of those periods. The example also assumes that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same. Although your actual costs may be higher or lower, based on
these assumptions, your costs would be:
Investment Strategy, Heading rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock The Fund invests at least 80% of its total assets in the securities of the
Underlying Index and in ADRs based on the securities in the Underlying Index.
The Fund's 80% investment policy is non-fundamental and requires 60 days' prior
written notice to shareholders before it can be changed.

The Underlying Index is comprised of U.S. listed equity positions reported on
Form 13F by a select group of entities that Structured Solutions AG (the "Index
Provider") characterizes as premier activist investors.

Activist investors are selected from a universe of investors that aim to buy
securities to put public pressure on its management to increase shareholder
value, as defined by the Index Provider. The Index Provider applies a number of
criteria to further narrow the pool of investors, such as size and performance
track record. Activist investors must have minimum reported holdings of $500
million in their form 13F to be considered for the index. As of April 30, 2012,
there were 11 activist investors used for the construction of the Underlying
Index.

Once the pool of activist investors has been determined, the Index Provider
utilizes 13F filings to compile the top three stock holdings from each of these
investors. The stocks are screened for liquidity, equal weighted, and rebalanced
quarterly following the 13F filing timeline. As of April 30, 2012, the
Underlying Index had 32 constituents.

The Index Provider is independent of the Fund and Global X Management Company
LLC, the investment adviser for the Fund ("Adviser"). The Index Provider
determines the relative weightings of the securities in the Underlying Index and
publishes information regarding the market value of the Underlying Index. The
Fund's Index Provider is Structured Solutions AG.

The Adviser uses a "passive" or indexing approach to try to achieve the Fund's
investment objective. Unlike many investment companies, the Fund does not try to
"beat" the Underlying Index and does not seek temporary defensive positions when
markets decline or appear overvalued.

The Fund generally will use a replication strategy. A replication strategy is an
indexing strategy that involves investing in the securities of the Underlying
Index in approximately the same proportions as in the Underlying Index. However,
the Fund may utilize a representative sampling strategy with respect to the
Underlying Index when a replication strategy might be detrimental to
shareholders, such as when there are practical difficulties or substantial costs
involved in compiling a portfolio of equity securities to follow the Underlying
Index, in instances in which a security in the Underlying Index becomes
temporarily illiquid, unavailable or less liquid, or as a result of legal
restrictions or limitations (such as tax diversification requirements) that
apply to the Fund but not the Underlying Index.

Correlation: Correlation is the extent to which the values of different types of
investments move in tandem with one another in response to changing economic and
market conditions. An index is a theoretical financial calculation, while the
Fund is an actual investment portfolio. The performance of the Fund and the
Underlying Index may vary somewhat due to transaction costs, asset valuations,
foreign currency valuations, market impact, corporate actions (such as mergers
and spin-offs), legal restrictions or limitations, illiquid or unavailable
securities, and timing variances.

The Adviser expects that, over time, the correlation between the Fund's
performance and that of the Underlying Index, before fees and expenses, will
exceed 95%. A correlation percentage of 100% would indicate perfect correlation.
If the Fund uses a replication strategy, it can be expected to have greater
correlation to the Underlying Index than if it uses a representative sampling
strategy.

Industry Concentration Policy: The Fund concentrates its investments (i.e., hold
25% or more of its total assets) in a particular industry or group of industries
to approximately the same extent that the Underlying Index is concentrated.
Investment Strategy, Portfolio Concentration rr_StrategyPortfolioConcentration The Fund concentrates its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated.
Risk, Heading rr_RiskHeading SUMMARY OF PRINCIPAL RISKS
Risk, Narrative rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the
Fund, and the Fund's performance could trail that of other investments. The Fund
is subject to the principal risks noted below, any of which may adversely affect
the Fund's net asset value ("NAV"), trading price, yield, total return and
ability to meet its investment objective, as well as other risks that are
described in greater detail in the Additional Information About the Fund's
Strategies and Risks section of the Prospectus and in the Statement of
Additional Information ("SAI").

Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may
underperform in comparison to the general securities markets or other asset
classes.

Concentration Risk: To the extent that the Fund's investments are concentrated
in a particular country, market, industry or asset class, the Fund will be
susceptible to loss due to adverse occurrences affecting that country, market,
industry or asset class.

Equity Securities Risk: Equity securities are subject to changes in value and
their values may be more volatile than other asset classes.

Foreign Security Risk: Investments in the securities of foreign issuers
(including investments in ADRs) are subject to the risks associated with
investing in those foreign markets, such as heightened risks of inflation or
nationalization. In addition, securities of foreign issuers may lose value due
to political, economic and geographic events affecting a foreign issuer or
market. During periods of social, political or economic instability in a country
or region, the value of a foreign security traded on United States' exchanges,
nonetheless, could be affected by, among other things, increasing price
volatility, illiquidity, or the closure of the primary market on which the
security underlying the ADR is traded. The Fund may lose value due to political,
economic and geographic events affecting a foreign issuer or market.

Geographic Risk: A natural disaster could occur in a geographic region in which
the Fund invests.

Issuer Risk: Fund performance depends on the performance of individual companies
in which the Fund invests. Changes to the financial condition of any of those
companies may cause the value of their securities to decline.

Liquidity Risk: Liquidity risk exists when particular investments are difficult
to purchase or sell. This can reduce the Fund's returns because the Fund may be
unable to transact at advantageous times or prices.

Management Risk: The Fund is subject to the risk that the Adviser's investment
management strategy may not produce the intended results.

Market Risk: The Fund's NAV could decline over short periods due to short-term
market movements and over longer periods during market downturns.

Market Trading Risks: The Fund faces numerous market trading risks, including
the potential lack of an active market for Shares, losses from trading in
secondary markets, and disruption in the creation/redemption process of the
Fund. Any of these factors may lead to the Shares trading at a premium or
discount to NAV.

Non-Diversification Risk: The Fund may invest a large percentage of its assets
in securities issued by or representing a small number of issuers. As a result,
the Fund's performance may depend on the performance of a small number of
issuers.

Passive Investment Risk: The Fund is not actively managed and the Adviser does
not attempt to take defensive positions in declining markets.

Risk Related to Form 13F Data: The 13F filings used to select the securities in
the Underlying Index are filed up to 45 days after the end of each calendar
quarter. Therefore a given investor may have already sold its position by the
time the security is added to the Underlying Index. Furthermore, the 13F may
only disclose a subset of a particular investor's holdings, as not all
securities are required to be reported on the form 13F. As a result, the form
13F may not provide a complete picture of the holdings of a given investor.
Because the 13F is publicly available information, it is possible that other
investors are also monitoring these filings and investing accordingly. This may
result in inflation of the share price of securities in which the Fund invests.

Securities Lending Risk: Securities lending involves the risk that the Fund
loses money because the borrower fails to return the securities in a timely
manner or at all. The Fund could also lose money in the event of a decline in
the value of the collateral provided for loaned securities or of investments
made with cash collateral. These events could also trigger adverse tax
consequences for the Fund. As securities on loan may not be voted by the Fund,
there is a risk that the Fund may not be able to recall the securities in
sufficient time to vote on material proxy matters.

Small and Mid-Capitalization Companies Risk: Small and mid-capitalization
companies may have greater volatility in price than the stocks of
large-capitalization companies due to limited product lines or resources or a
dependency upon a particular market niche.

Tracking Error Risk: The performance of the Fund may diverge from that of the
Underlying Index.

Trading Halt Risk: An exchange or market may close or issue trading halts on
specific securities, or the ability to buy or sell certain securities or
financial instruments may be restricted, which may result in the Fund being
unable to buy or sell certain securities or financial instruments. In such
circumstances, the Fund may be unable to rebalance its portfolio, may be unable
to accurately price its investments and/or may incur substantial trading losses.

Valuation Risk: The value of the securities in the Fund's portfolio may change
on days when shareholders will not be able to purchase or sell the Fund's
Shares.
Risk, Lose Money rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk, Nondiversified Status rr_RiskNondiversifiedStatus The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading PERFORMANCE INFORMATION
Performance, Narrative rr_PerformanceNarrativeTextBlock The Fund does not have a full calendar year of performance. Thus, no bar chart
or Average Annual Total Returns table is included for the Fund.
Performance, One Year or Less rr_PerformanceOneYearOrLess The Fund does not have a full calendar year of performance. Thus, no bar chart or Average Annual Total Returns table is included for the Fund.
Global X Activist Investor Holdings Index ETF (Prospectus Summary) | Global X Activist Investor Holdings Index ETF | Global X Activist Investor Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fees: rr_ManagementFeesOverAssets 0.75%
Distribution and Service (12b-1) Fees: rr_DistributionAndService12b1FeesOverAssets none
Other Expenses: rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses: rr_ExpensesOverAssets 0.75%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 77
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 240
[1] "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.
XML 17 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate May 31, 2012
Global X Hedge Fund Top Equity Holdings Index ETF (Prospectus Summary) | Global X Hedge Fund Top Equity Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading Global X Hedge Fund Top Equity Holdings Index ETF
Investment Objective, Heading rr_ObjectiveHeading INVESTMENT OBJECTIVE
investment Objective, Primary rr_ObjectivePrimaryTextBlock The Global X Hedge Fund Top Equity Holdings Index ETF ("Fund") seeks investment
results that correspond generally to the price and yield performance, before
fees and expenses, of the Solactive Hedge Fund Top Equity Holdings Index
("Underlying Index").
Expense, Heading rr_ExpenseHeading FEES AND EXPENSES
Expense, Narrative rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold
shares ("Shares") of the Fund. You will also incur usual and customary brokerage
commission when buying and selling Shares.
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
Portfolio Turnover, Heading rr_PortfolioTurnoverHeading Portfolio Turnover:
Portfolio Turnover rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when
Shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the Fund's
performance. The Fund had not yet commenced investment operations as of the
most recent fiscal year end. Thus, no portfolio turnover rate is provided for
the Fund.
Expense, Exchange Traded Fund, Commissions rr_ExpenseExchangeTradedFundCommissions You will also incur usual and customary brokerage commission when buying and selling Shares.
Other Expenses, New Fund, Based on Estimates rr_OtherExpensesNewFundBasedOnEstimates "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.
Expense Example, Heading rr_ExpenseExampleHeading Example:
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock The following example is intended to help you compare the cost of investing in
the Fund with the cost of investing in other funds. This example does not take
into account customary brokerage commissions that you pay when purchasing or
selling shares of the Fund in the secondary market. The example assumes that
you invest $10,000 in the Fund for the time periods indicated and then sell
all of your shares at the end of those periods. The example also assumes that
your investment has a 5% return each year and that the Fund's operating
expenses remain the same. Although your actual costs may be higher or
lower, based on these assumptions, your costs would be:
Investment Strategy, Heading rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock The Fund invests at least 80% of its total assets in the securities of the
Underlying Index and in ADRs based on the securities in the Underlying Index.
The Fund's 80% investment policy is non-fundamental and requires 60 days' prior
written notice to shareholders before it can be changed.

The Underlying Index is comprised of the top U.S. listed equity positions
reported on Form 13F by a select group of entities that Structured Solutions AG
(the "Index Provider") characterizes as hedge funds.

Hedge funds are selected from a pool of thousands of privately offered pooled
investment vehicles based on the size of their reported equity holdings and the
efficacy of replicating their publicly disclosed positions. Hedge funds must
have minimum reported holdings of $500 million in their form 13F to be
considered for the index. Additional filters are applied to eliminate hedge
funds that have high turnover rates for equity holdings. Only hedge funds with a
concentrated top holding are included in the selection process. As of April 30,
2012, there were 68 hedge funds used to select their top holdings for the
Underlying Index.

Once the hedge fund pool has been determined, the Index Provider utilizes 13F
filings to compile the top stock holding from each of these hedge funds. The
stocks are screened for liquidity, equal weighted, and rebalanced quarterly
following the 13F filing timeline. As of April 30, 2012, the Underlying Index
had 51 constituents.

The Index Provider is independent of the Fund and Global X Management Company
LLC, the investment adviser for the Fund ("Adviser"). The Index Provider
determines the relative weightings of the securities in the Underlying Index and
publishes information regarding the market value of the Underlying Index. The
Fund's Index Provider is Structured Solutions AG. The Fund's investment
objective and Underlying Index may be changed without shareholder approval.

The Adviser uses a "passive" or indexing approach to try to achieve the Fund's
investment objective. Unlike many investment companies, the Fund does not try to
"beat" the Underlying Index and does not seek temporary defensive positions when
markets decline or appear overvalued.

The Fund generally will use a replication strategy. A replication strategy is an
indexing strategy that involves investing in the securities of the Underlying
Index in approximately the same proportions as in the Underlying Index. However,
the Fund may utilize a representative sampling strategy with respect to the
Underlying Index when a replication strategy might be detrimental to
shareholders, such as when there are practical difficulties or substantial costs
involved in compiling a portfolio of equity securities to follow the Underlying
Index, in instances in which a security in the Underlying Index becomes
temporarily illiquid, unavailable or less liquid, or as a result of legal
restrictions or limitations (such as tax diversification requirements) that
apply to the Fund but not the Underlying Index.

Correlation: Correlation is the extent to which the values of different types of
investments move in tandem with one another in response to changing economic and
market conditions. An index is a theoretical financial calculation, while the
Fund is an actual investment portfolio. The performance of the Fund and the
Underlying Index may vary somewhat due to transaction costs, asset valuations,
foreign currency valuations, market impact, corporate actions (such as mergers
and spin-offs), legal restrictions or limitations, illiquid or unavailable
securities, and timing variances.

The Adviser expects that, over time, the correlation between the Fund's
performance and that of the Underlying Index, before fees and expenses, will
exceed 95%. A correlation percentage of 100% would indicate perfect correlation.
If the Fund uses a replication strategy, it can be expected to have greater
correlation to the Underlying Index than if it uses a representative sampling
strategy.

Industry Concentration Policy: The Fund concentrates its investments (i.e., hold
25% or more of its total assets) in a particular industry or group of industries
to approximately the same extent that the Underlying Index is concentrated.
Investment Strategy, Portfolio Concentration rr_StrategyPortfolioConcentration The Fund concentrates its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated.
Risk, Heading rr_RiskHeading SUMMARY OF PRINCIPAL RISKS
Risk, Narrative rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the
Fund, and the Fund's performance could trail that of other investments. The Fund
is subject to the principal risks noted below, any of which may adversely affect
the Fund's net asset value ("NAV"), trading price, yield, total return and
ability to meet its investment objective, as well as other risks that are
described in greater detail in the Additional Information About the Fund's
Strategies and Risks section of the Prospectus and in the Statement of
Additional Information ("SAI").

Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may
underperform in comparison to the general securities markets or other asset
classes.

Concentration Risk: To the extent that the Fund's investments are concentrated
in a particular country, market, industry or asset class, the Fund will be
susceptible to loss due to adverse occurrences affecting that country, market,
industry or asset class.

Equity Securities Risk: Equity securities are subject to changes in value and
their values may be more volatile than other asset classes.

Foreign Security Risk: Investments in the securities of foreign issuers
(including investments in ADRs) are subject to the risks associated with
investing in those foreign markets, such as heightened risks of inflation or
nationalization. In addition, securities of foreign issuers may lose value due
to political, economic and geographic events affecting a foreign issuer or
market. During periods of social, political or economic instability in a country
or region, the value of a foreign security traded on United States' exchanges,
nonetheless, could be affected by, among other things, increasing price
volatility, illiquidity, or the closure of the primary market on which the
security (or the security underlying the ADR) is traded. The Fund may lose value
due to political, economic and geographic events affecting a foreign issuer or
market.

Geographic Risk: A natural disaster could occur in a geographic region in which
the Fund invests.

Issuer Risk: Fund performance depends on the performance of individual companies
in which the Fund invests. Changes to the financial condition of any of those
companies may cause the value of their securities to decline.

Liquidity Risk: Liquidity risk exists when particular investments are difficult
to purchase or sell. This can reduce the Fund's returns because the Fund may be
unable to transact at advantageous times or prices.

Management Risk: The Fund is subject to the risk that the Adviser's investment
management strategy may not produce the intended results.

Market Risk: The Fund's NAV could decline over short periods due to short-term
market movements and over longer periods during market downturns.

Market Trading Risks: The Fund faces numerous market trading risks, including
the potential lack of an active market for Shares, losses from trading in
secondary markets, and disruption in the creation/redemption process of the
Fund. Any of these factors may lead to the Shares trading at a premium or
discount to NAV.

Non-Diversification Risk: The Fund may invest a large percentage of its assets
in securities issued by or representing a small number of issuers. As a result,
the Fund's performance may depend on the performance of a small number of
issuers.

Passive Investment Risk: The Fund is not actively managed and the Adviser does
not attempt to take defensive positions in declining markets.

Risk Related to Form 13F Data: The 13F filings used to select the securities in
the Underlying Index are filed up to 45 days after the end of each calendar
quarter. Therefore a given investor may have already sold its position by the
time the security is added to the Underlying Index. Furthermore, the 13F may
only disclose a subset of a particular investor's holdings, as not all
securities are required to be reported on the form 13F. As a result, the form
13F may not provide a complete picture of the holdings of a given investor.
Because the 13F is publicly available information, it is possible that other
investors are also monitoring these filings and investing accordingly. This may
result in inflation of the share price of securities in which the Fund invests.

Securities Lending Risk: Securities lending involves the risk that the Fund
loses money because the borrower fails to return the securities in a timely
manner or at all. The Fund could also lose money in the event of a decline in
the value of the collateral provided for loaned securities or of investments
made with cash collateral. These events could also trigger adverse tax
consequences for the Fund. As securities on loan may not be voted by the Fund,
there is a risk that the Fund may not be able to recall the securities in
sufficient time to vote on material proxy matters.

Small- and Mid-Capitalization Companies Risk: Small- and mid-capitalization
companies may have greater volatility in price than the stocks of
large-capitalization companies due to limited product lines or resources or a
dependency upon a particular market niche.

Tracking Error Risk: The performance of the Fund may diverge from that of the
Underlying Index.

Trading Halt Risk: An exchange or market may close or issue trading halts on
specific securities, or the ability to buy or sell certain securities or
financial instruments may be restricted, which may result in the Fund being
unable to buy or sell certain securities or financial instruments. In such
circumstances, the Fund may be unable to rebalance its portfolio, may be unable
to accurately price its investments and/or may incur substantial trading losses.

Valuation Risk: The value of the securities in the Fund's portfolio may change
on days when shareholders will not be able to purchase or sell the Fund's
Shares.
Risk, Lose Money rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk, Nondiversified Status rr_RiskNondiversifiedStatus The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading PERFORMANCE INFORMATION
Performance, Narrative rr_PerformanceNarrativeTextBlock The Fund does not have a full calendar year of performance. Thus, no bar chart
or Average Annual Total Returns table is included for the Fund.
Performance, One Year or Less rr_PerformanceOneYearOrLess The Fund does not have a full calendar year of performance. Thus, no bar chart or Average Annual Total Returns table is included for the Fund.
Global X Hedge Fund Top Equity Holdings Index ETF (Prospectus Summary) | Global X Hedge Fund Top Equity Holdings Index ETF | Global X Hedge Fund Top Equity Holdings Index ETF
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fees: rr_ManagementFeesOverAssets 0.75%
Distribution and Service (12b-1) Fees: rr_DistributionAndService12b1FeesOverAssets none
Other Expenses: rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses: rr_ExpensesOverAssets 0.75%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 77
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 240
[1] "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.
XML 18 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6
Global X Activist Investor Holdings Index ETF (Prospectus Summary) | Global X Activist Investor Holdings Index ETF
Global X Activist Investor Holdings Index ETF
INVESTMENT OBJECTIVE
The Global X Activist Investor Holdings Index ETF ("Fund") seeks investment
results that correspond generally to the price and yield performance, before
fees and expenses, of the Solactive Activist Investor Holdings Index
("Underlying Index").
FEES AND EXPENSES
This table describes the fees and expenses that you may pay if you buy and hold
shares ("Shares") of the Fund. You will also incur usual and customary brokerage
commission when buying and selling Shares.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
Annual Fund Operating Expenses
Global X Activist Investor Holdings Index ETF
Management Fees: 0.75%
Distribution and Service (12b-1) Fees: none
Other Expenses: [1] none
Total Annual Fund Operating Expenses: 0.75%
[1] "Other Expenses" reflect estimated expenses for the Fund's first fiscal year of operations.
Example:
The following example is intended to help you compare the cost of investing in
the Fund with the cost of investing in other funds. This example does not take
into account customary brokerage commissions that you pay when purchasing or
selling shares of the Fund in the secondary market. The example assumes that
you invest $10,000 in the Fund for the time periods indicated and then sell all
of your shares at the end of those periods. The example also assumes that your
investment has a 5% return each year and that the Fund's operating expenses
remain the same. Although your actual costs may be higher or lower, based on
these assumptions, your costs would be:
Expense Example (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Global X Activist Investor Holdings Index ETF
77 240
Portfolio Turnover:
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when
Shares are held in a taxable account. These costs, which are not reflected in
annual fund operating expenses or in the example, affect the Fund's
performance. The Fund had not yet commenced investment operations as of the
most recent fiscal year end. Thus, no portfolio turnover rate is provided for
the Fund.
PRINCIPAL INVESTMENT STRATEGIES
The Fund invests at least 80% of its total assets in the securities of the
Underlying Index and in ADRs based on the securities in the Underlying Index.
The Fund's 80% investment policy is non-fundamental and requires 60 days' prior
written notice to shareholders before it can be changed.

The Underlying Index is comprised of U.S. listed equity positions reported on
Form 13F by a select group of entities that Structured Solutions AG (the "Index
Provider") characterizes as premier activist investors.

Activist investors are selected from a universe of investors that aim to buy
securities to put public pressure on its management to increase shareholder
value, as defined by the Index Provider. The Index Provider applies a number of
criteria to further narrow the pool of investors, such as size and performance
track record. Activist investors must have minimum reported holdings of $500
million in their form 13F to be considered for the index. As of April 30, 2012,
there were 11 activist investors used for the construction of the Underlying
Index.

Once the pool of activist investors has been determined, the Index Provider
utilizes 13F filings to compile the top three stock holdings from each of these
investors. The stocks are screened for liquidity, equal weighted, and rebalanced
quarterly following the 13F filing timeline. As of April 30, 2012, the
Underlying Index had 32 constituents.

The Index Provider is independent of the Fund and Global X Management Company
LLC, the investment adviser for the Fund ("Adviser"). The Index Provider
determines the relative weightings of the securities in the Underlying Index and
publishes information regarding the market value of the Underlying Index. The
Fund's Index Provider is Structured Solutions AG.

The Adviser uses a "passive" or indexing approach to try to achieve the Fund's
investment objective. Unlike many investment companies, the Fund does not try to
"beat" the Underlying Index and does not seek temporary defensive positions when
markets decline or appear overvalued.

The Fund generally will use a replication strategy. A replication strategy is an
indexing strategy that involves investing in the securities of the Underlying
Index in approximately the same proportions as in the Underlying Index. However,
the Fund may utilize a representative sampling strategy with respect to the
Underlying Index when a replication strategy might be detrimental to
shareholders, such as when there are practical difficulties or substantial costs
involved in compiling a portfolio of equity securities to follow the Underlying
Index, in instances in which a security in the Underlying Index becomes
temporarily illiquid, unavailable or less liquid, or as a result of legal
restrictions or limitations (such as tax diversification requirements) that
apply to the Fund but not the Underlying Index.

Correlation: Correlation is the extent to which the values of different types of
investments move in tandem with one another in response to changing economic and
market conditions. An index is a theoretical financial calculation, while the
Fund is an actual investment portfolio. The performance of the Fund and the
Underlying Index may vary somewhat due to transaction costs, asset valuations,
foreign currency valuations, market impact, corporate actions (such as mergers
and spin-offs), legal restrictions or limitations, illiquid or unavailable
securities, and timing variances.

The Adviser expects that, over time, the correlation between the Fund's
performance and that of the Underlying Index, before fees and expenses, will
exceed 95%. A correlation percentage of 100% would indicate perfect correlation.
If the Fund uses a replication strategy, it can be expected to have greater
correlation to the Underlying Index than if it uses a representative sampling
strategy.

Industry Concentration Policy: The Fund concentrates its investments (i.e., hold
25% or more of its total assets) in a particular industry or group of industries
to approximately the same extent that the Underlying Index is concentrated.
SUMMARY OF PRINCIPAL RISKS
As with any investment, you could lose all or part of your investment in the
Fund, and the Fund's performance could trail that of other investments. The Fund
is subject to the principal risks noted below, any of which may adversely affect
the Fund's net asset value ("NAV"), trading price, yield, total return and
ability to meet its investment objective, as well as other risks that are
described in greater detail in the Additional Information About the Fund's
Strategies and Risks section of the Prospectus and in the Statement of
Additional Information ("SAI").

Asset Class Risk: Securities in the Underlying Index or the Fund's portfolio may
underperform in comparison to the general securities markets or other asset
classes.

Concentration Risk: To the extent that the Fund's investments are concentrated
in a particular country, market, industry or asset class, the Fund will be
susceptible to loss due to adverse occurrences affecting that country, market,
industry or asset class.

Equity Securities Risk: Equity securities are subject to changes in value and
their values may be more volatile than other asset classes.

Foreign Security Risk: Investments in the securities of foreign issuers
(including investments in ADRs) are subject to the risks associated with
investing in those foreign markets, such as heightened risks of inflation or
nationalization. In addition, securities of foreign issuers may lose value due
to political, economic and geographic events affecting a foreign issuer or
market. During periods of social, political or economic instability in a country
or region, the value of a foreign security traded on United States' exchanges,
nonetheless, could be affected by, among other things, increasing price
volatility, illiquidity, or the closure of the primary market on which the
security underlying the ADR is traded. The Fund may lose value due to political,
economic and geographic events affecting a foreign issuer or market.

Geographic Risk: A natural disaster could occur in a geographic region in which
the Fund invests.

Issuer Risk: Fund performance depends on the performance of individual companies
in which the Fund invests. Changes to the financial condition of any of those
companies may cause the value of their securities to decline.

Liquidity Risk: Liquidity risk exists when particular investments are difficult
to purchase or sell. This can reduce the Fund's returns because the Fund may be
unable to transact at advantageous times or prices.

Management Risk: The Fund is subject to the risk that the Adviser's investment
management strategy may not produce the intended results.

Market Risk: The Fund's NAV could decline over short periods due to short-term
market movements and over longer periods during market downturns.

Market Trading Risks: The Fund faces numerous market trading risks, including
the potential lack of an active market for Shares, losses from trading in
secondary markets, and disruption in the creation/redemption process of the
Fund. Any of these factors may lead to the Shares trading at a premium or
discount to NAV.

Non-Diversification Risk: The Fund may invest a large percentage of its assets
in securities issued by or representing a small number of issuers. As a result,
the Fund's performance may depend on the performance of a small number of
issuers.

Passive Investment Risk: The Fund is not actively managed and the Adviser does
not attempt to take defensive positions in declining markets.

Risk Related to Form 13F Data: The 13F filings used to select the securities in
the Underlying Index are filed up to 45 days after the end of each calendar
quarter. Therefore a given investor may have already sold its position by the
time the security is added to the Underlying Index. Furthermore, the 13F may
only disclose a subset of a particular investor's holdings, as not all
securities are required to be reported on the form 13F. As a result, the form
13F may not provide a complete picture of the holdings of a given investor.
Because the 13F is publicly available information, it is possible that other
investors are also monitoring these filings and investing accordingly. This may
result in inflation of the share price of securities in which the Fund invests.

Securities Lending Risk: Securities lending involves the risk that the Fund
loses money because the borrower fails to return the securities in a timely
manner or at all. The Fund could also lose money in the event of a decline in
the value of the collateral provided for loaned securities or of investments
made with cash collateral. These events could also trigger adverse tax
consequences for the Fund. As securities on loan may not be voted by the Fund,
there is a risk that the Fund may not be able to recall the securities in
sufficient time to vote on material proxy matters.

Small and Mid-Capitalization Companies Risk: Small and mid-capitalization
companies may have greater volatility in price than the stocks of
large-capitalization companies due to limited product lines or resources or a
dependency upon a particular market niche.

Tracking Error Risk: The performance of the Fund may diverge from that of the
Underlying Index.

Trading Halt Risk: An exchange or market may close or issue trading halts on
specific securities, or the ability to buy or sell certain securities or
financial instruments may be restricted, which may result in the Fund being
unable to buy or sell certain securities or financial instruments. In such
circumstances, the Fund may be unable to rebalance its portfolio, may be unable
to accurately price its investments and/or may incur substantial trading losses.

Valuation Risk: The value of the securities in the Fund's portfolio may change
on days when shareholders will not be able to purchase or sell the Fund's
Shares.
PERFORMANCE INFORMATION
The Fund does not have a full calendar year of performance. Thus, no bar chart
or Average Annual Total Returns table is included for the Fund.
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