Global X To Begin Trading The Global X FTSE Portugal 20 ETF (NYSEArca:PGAL)

revenues are primarily from Portugal. The fund’s 80% investment policies are non-fundemental and require 60 days’ prior written notice to shareholders before they can be changed.

The underlying index is designed to reflect broad based equity market performance in Portugal. As of January 1, 2013, the underlying index had 20 constituants. The fund’s investment objective and the underlying index may be changed without shareholder approval.

The Fund 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.

You can find the prospectus: HERE

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