GLOBAL X FDS

Ticker: ARGT CUSIP: 37950E259 Class: GB MSCI AR ETF

BAILARD, INC.'s Holding History (CIK: 0000750641)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 14,000 Value ($000) $296 Avg Close — Range —

Q2 2014

Shares 17,500 Value ($000) $388 Avg Close — Range —

Q1 2014

Shares 19,400 Value ($000) $384 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	14,000	$296	—	—
Q2 2014	17,500	$388	—	—
Q1 2014	19,400	$384	—	—