ZCBC

Global X Zero Coupon Bond 2032 ETF invests in a basket of zero-coupon Treasury STRIPS ("U.S. Treasury securities") that are maturing between January 1, 2032 and November 30, 2032. ZCBC will primarily invest in Treasury STRIPS, offering investors exposure to U.S. government-backed fixed income with a defined maturity profile. The Fund seeks to provide investment results that correspond generally to the investment results,, before fees and expenses, of the FTSE Zero Coupon U.S. Treasury STRIPS 2032 Maturity Index. The FTSE Zero Coupon US Treasury STRIPS 2032 Maturity Index is composed of a static list of qualifying interest-only (IO) US Treasury-backed STRIPS maturing in 2032. Once the weighting for each vintage is set at inception, the constituents will not be rebalanced, in alignment with a buy and hold strategy. In the final year of each index, the cash proceeds resulting from maturing positions will be reinvested at a rate equal to a constant maturity 30-day T-Bill. The index will terminate on month-end after the final position within the index has matured.