GLOBAL X ANNOUNCES SEMI-MONTHLY AUGUST 2025 DISTRIBUTIONS FOR ITS SUITE OF ETFs Français
(1)
Distributions for Global X Bitcoin Covered Call ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker BCCC.U. The approximate U.S. dollar equivalent distribution rate for BCCC.U is $0.10187 per security. For securityholders who hold the U.S. dollar traded BCCC.U, the securityholder's account holder will typically convert distribution payments to U.S. dollars.
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Distributions for Global X Enhanced Bitcoin Covered Call ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker BCCL.U. The approximate U.S. dollar equivalent distribution rate for BCCL.U is $0.12733 per security. For securityholders who hold the U.S. dollar traded BCCL.U, the securityholder's account holder will typically convert distribution payments to U.S. dollars.
Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit www.GlobalX.ca.
About Global X Investments Canada Inc. (www.GlobalX.ca)
Global X Investments Canada Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X Fund family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Global X has more than $42 billion of assets under management and 146 ETFs listed on major Canadian stock exchanges. Global X is a wholly-owned subsidiary of the Mirae Asset Financial Group, which manages more than $800 billion of assets across 19 countries and global markets around the world.
Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently, and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.
The payment of distributions, if any, is not guaranteed and may fluctuate at any time. The payment of distributions should not be confused with an exchange traded fund's ("ETF") performance, rate of return, or yield. If distributions paid by the ETF are greater than the performance of the ETF, distributions paid may include a return of capital and an investor's original investment will decrease. A return of capital is not taxable to the investor but will generally reduce the adjusted cost base of the securities held for tax purposes. Distributions are paid as a result of capital gains realized by an ETF, and income and dividends earned by an ETF are taxable to the investor in the year they are paid. The investor's adjusted cost base will be reduced by the amount of any returns of capital. If the investor's adjusted cost base goes below zero, investors will realize capital gains equal to the amount below zero. Future distribution dates may be amended at any time. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. The characterization of distributions, if any, for tax purposes, (such as dividends/other income/capital gains, etc.) will not be known for certain until after the ETF's tax year-end. Therefore, investors will be informed of the tax characterization after year-end and not with each distribution if any. For tax purposes, these amounts will be reported annually by brokers on official tax statements. Please refer to the applicable ETF distribution policy in the prospectus for more information.
The Global X Bitcoin Covered Call ETF (BCCC) and the Global X Enhanced Bitcoin Covered Call ETF (BCCL) are each exchange traded alternative mutual funds that invest in other alternative mutual funds that invest, directly or indirectly, in Bitcoin. There are inherent risks associated with products linked to crypto assets, including Bitcoin Futures. While Bitcoin Futures are traded on a regulated exchange and cleared by regulated central counterparties, direct or indirect exposure to the high level of risk of Bitcoin Futures will not be suitable for all types of investors. Given the speculative nature of bitcoin and the volatility of the digital currency markets, there is no assurance that BCCC or BCCL will be able to meet their respective investment objectives. An investment in BCCC or BCCL is not intended as a complete investment program and is appropriate only for investors who have a sophisticated knowledge and understanding of Bitcoin and the capacity to absorb a loss of some or all of their investment. An investment in either BCCC or BCCL is considered high risk.
Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange traded products managed by Global X Investments Canada Inc. and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor.
Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager and investment manager of the Global X Funds.
© 2025 Global X Investments Canada Inc. All Rights Reserved.
SOURCE Global X Investments Canada Inc.
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Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Electric arc furnaces are nothing new — the technology is more than a century old, and there's already a few in Canada — but Algoma is calling the achievement of production from its first of the kind furnace last month a win as it faces an existential threat from U.S. tariffs. 'We have reached a truly pivotal milestone for Algoma and the Canadian steel industry,' said chief executive Michael Garcia on a recent earnings call. 'Despite the uncertainty that the trade war has unleashed, this achievement reinforces our confidence in our transformation strategy.' 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After ten years of efforts, NING Service has built a robust presence across 75 countries, operating more than 1,100 service outlets and managing 67 spare parts warehouses with a total area exceeding 370,000 square meters. Building on 24 various industry standards led or involved by CATL's after-sales team, and supported by self-developed service systems covering passenger vehicles, commercial vehicles, energy storage product lines and 6 major application scenarios, NING Service has fulfilled the promise of "general faults repaired within 8 hours, complex faults within 72 hours", firmly holding the top position in the industry. Globally, CATL's overseas service network has achieved 24-Hour response, ensuring seamless service experience for global customers. Furthermore, NING Service collaborates with partners to establish professional new energy detection and repair training bases across 18 provinces and municipalities in China, addressing the growing demand for skilled professionals in the national new energy aftermarket. It has cultivated over 8,600 industry specialists, building a complete talent ecosystem encompassing talent supply, cultivation, and management layout, continuously injecting fresh blood into the industry. Breaking Technical Barriers: Ending the "Replace-Only, No Repair" Maintenance Dilemma While bottom-impact incidents involving battery packs in new energy vehicles are relatively uncommon, they often result in severe damage requiring full pack replacement- a costly repair. Additionally, third-party repair processes pose safety risks, making it difficult to ensure vehicle and user safety. To address this issue, NING Service has innovatively launched its CTP repair service. Utilizing CATL original equipment components, the service strictly adheres to CATL's technical standards and quality requirements and comes with official warranty coverage, ensuring safe and reliable repairs. The repair service is significantly more affordable than full pack replacement, saving substantial repair costs for users and breaking the industry's "replace-only, no repair" deadlock for CTP batteries. During the battery pack repair process, NING Service consistently upholds standardized operating protocols - conducting repairs in a professional and dust-free environment with constant temperature and humidity while rigorously following the original equipment manufacturer's meticulous inspection and repair procedures. This stringent system precisely ensures the reliability of cell-level repairs, effectively eliminating the risk of secondary damage caused by improper handling or substandard parts, thereby safeguarding battery performance and safety at their core. Additionally, to further enhance service professionalism and safety, NING Service has independently developed a non-destructive testing device. This device can complete fault detection in just 15 minutes, achieving an accuracy rate of over 90%. Utilizing ultrasonic guided wave technology, the device enables precise internal damage detection without the need to disassemble the battery pack, effectively avoiding secondary damage that could result from disassembly and inspection. This not only ensures battery safety and longevity but also saves time and repair costs for users. The non-destructive testing device is expected to be officially launched by the end of this year. Leveraging the triple advantages of OEM's technology, genuine parts assurance, and authoritative certification, NING Service has successfully overcome the industry-wide challenges of "difficult and expensive battery pack repairs", providing customers with professional solutions that are both reliable and cost-effective. Closed-Loop Ecosystem: Comprehensive Management Across the Battery's Full Lifecycle NING Service is committed to providing new energy users with services that span the entire lifecycle of a battery – "from production and usage to recycling and regeneration". By integrating a professional battery health assessment system comprising 45 online analyses and 28 offline inspections, NING Service delivers authoritative battery testing and maintenance, helping users promptly identify potential risks, extend battery lifespan, and simultaneously enhance transparency and residual value in the used vehicle market. At the same time, leveraging the globally leading circular supply chain of Brunp Recycling, a CATL subsidiary, NING Service has established a "72-Hour Express Recycling" network, achieving triple the regional coverage rate of third-party platforms. By establishing an efficient green recycling supply chain, NING Service actively fulfills its commitment to sustainable development. In the future, consumers will be able to easily complete the recycling of retired batteries through NING Service's platform. Recovered batteries will undergo strict screening and classification, followed by tailored processing based on their condition and performance - either repaired and remanufactured, cascade utilized, or broken down for reusable raw materials. Through this model, NING Service not only provides consumers with a convenient recycling channel but also maximizes battery lifecycle extension and minimizes resource waste. Moreover, adhering to the philosophy of "co-creation", NING Service collaborates with high-quality industry partners to expand into diversified business areas such as electric vessel operations and the low-altitude economy. This collaborative approach extends the boundaries of service offerings and creates new growth opportunities. Through an open partnership model, NING Service not only drives its own sustainable business growth but also injects fresh vitality into the broader new energy industry. As a key strategic move by CATL in the aftermarket services sector, NING Service not only provides vehicle owners with superior technical support but also sets a new benchmark for the new energy industry through its closed-loop ecosystem approach. Currently, NING Service's flagship experience centers have been established in seven domestic cities in China, including Wuhan and Guangzhou. The store in Bangkok, Thailand, spanning over 2000 square meters and integrating CATL's global service standards, marks its first overseas location and serves as a crucial step for CATL's global technology deployment and service coordination. Looking ahead, NING Service will continue to drive innovation in maintenance technology, service models, and network expansion, injecting new momentum into the healthy, stable, and orderly development of the new energy vehicle aftermarket.
