Latest news with #GlobalXFunds
Cision Canada
4 days ago
- Business
- Cision Canada
GLOBAL X ANNOUNCES SEMI-MONTHLY AUGUST 2025 DISTRIBUTIONS FOR ITS SUITE OF ETFs Français
TORONTO, Aug. 8, 2025 /CNW/ - Global X Investments Canada Inc. ("Global X") is pleased to announce the distribution amounts per security (the"Distributions") for its exchange traded funds (the " ETFs"), as indicated in the table below. (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. (2) 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 About Global X Investments Canada Inc. ( 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.
Yahoo
30-07-2025
- Business
- Yahoo
3 Dividend-Paying ETFs to Buy in July Even if the S&P 500 Sells Off
Key Points Global X MLP ETF is a 7.5%-yielding ETF with little correlation to the broader market. The Schwab U.S. Dividend Equity ETF is a stellar choice for passive income investors looking for high yield and low expenses. The JP Morgan Nasdaq Equity Premium Income ETF generates passive income from growth stocks using options. 10 stocks we like better than Global X Funds - Global X Mlp ETF › The S&P 500 (SNPINDEX: ^GSPC) continues to roar higher as we approach the end of July. Not only is the index at an all-time high, but it's also up more than 27% from its April low. The "V-Shaped" recovery may have some investors hesitant to smash the buy button, even on top stocks. Folks in that boat may want to consider diversified exchange-traded funds (ETFs) that focus on generating passive income. That way, the return isn't solely dependent on stock prices going up. A trio of Motley Fool contributors think the Global X MLP ETF (NYSEMKT: MLPA), Schwab US Dividend Equity ETF (NYSEMKT: SCHD), and the JP Morgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ) stand out as top ETFs to buy now. Invest in America's energy infrastructure with this high-yield ETF Lee Samaha (Global X MLP ETF): This ETF invests primarily in midstream master limited partnerships (MLPs) that own natural gas pipelines and storage assets. MLPs trade publicly but are treated as limited partnerships for tax purposes, which gives them advantages when making distributions to investors. As such, this ETF, which currently holds 20 infrastructure investments, offers investors significant distributions -- its current trailing-12-month distribution yield is 7.5%. Moreover, as the chart below demonstrates, its performance tends to have little correlation with the S&P 500 index. While that's not always a good thing, it does offer investors a way to invest without increasing their overall exposure to the S&P 500. In a nutshell, the ETF's performance is driven by sentiment regarding the long-term role of natural gas in the economy. That's sometimes been negative, not least due to the rise of renewable energy, causing concern over the long-term structural role of gas. That said, there has been a growing realization in recent years that natural gas is likely to play a crucial role in future energy provision, as its reliability and cost offset the intermittency of renewable energy sources. Moreover, it's an energy source abundantly available in the U.S. -- one that will help ensure domestic energy sufficiency. Low management fees and a high yield are only two reasons to love the Schwab U.S. Dividend Equity ETF Scott Levine (Schwab U.S. Dividend Equity ETF): One of the usual suspects when it comes to reliable ETFs that provide strong dividends, the Schwab U.S. Dividend Equity ETF is a great choice for investors looking to fortify their portfolios with a rock-solid source of passive income. In addition to its distribution that has a 30-day Securities and Exchange Commission (SEC) yield of 3.8%, the ETF has an extremely low total expense ratio of just 0.06%. With net assets of over $71 billion, the Schwab U.S. Dividend Equity ETF is an attractive option for risk-averse income investors for a variety of reasons. For one, companies that have market capitalizations over $70 billion represent about 62% of the fund's holdings -- an attractive feature since large-cap stocks usually demonstrate less volatility and more reliable dividends than smaller-cap stocks. Tech stalwart Texas Instruments and oil supermajor Chevron, for example, are the top-two positions among the ETF's 103 holdings. Both companies have market caps in excess of $195 billion, and they've demonstrated multiyear commitments to increasingly rewarding shareholders with dividends. Chevron's heavy weighting in the fund is unsurprising. Not only is Chevron one of the largest energy stocks by market cap, the energy sector comprises the largest share of positions in the Schwab U.S. Dividend Equity ETF. In fact, large energy stocks often return capital to shareholders via dividends. The S&P 500 may nudge lower this month, but if it does, generating steady passive income from the Schwab U.S. Dividend Equity ETF will take the sting out of it. This ETF's high yield is the real deal Daniel Foelber (JP Morgan Nasdaq Equity Premium Income ETF): The ETF was launched in May 2022. That year ended up being the worst calendar year for the Nasdaq-100 since 2008, and the new ETF offered a way to use the volatility of the underlying holdings in that index to earn income from options, dividends, and other means. The primary way the ETF earns income is by selling covered call options. Call options take away the potential upside of a stock in exchange for a guaranteed return. For example, the price of Nvidia (NASDAQ: NVDA) -- the largest holding in the Nasdaq-100 and the JP Morgan Nasdaq Equity Premium Income ETF -- is $170.78 per share at the time of this writing. An Aug. 15, 2025 call with a $175 share price at the time of this writing has a midpoint between the bid and ask price of $4.10. Someone selling that call option would collect $4.10 per share, but they would also have to sell Nvidia for $175 a share if the buyer of the option decides to execute it, which could happen if Nvidia is over $175 a share. The move will backfire if Nvidia soars, but because there's a guaranteed gain from the option income, the strategy can be effective for investors who are willing to sacrifice the upside potential of a stock in exchange for dividend income. And that's exactly the kind of investment objective the JP Morgan Nasdaq Equity Premium Income ETF aims to achieve. It's also worth understanding that stocks with higher volatility tend to command higher options premiums. So the premiums on the call options for stocks in the Nasdaq-100 will generally be higher than S&P 500 stocks. Or put another way, the buyer of a call option on a red-hot growth stock is going to be willing to pay more than they would for a call option on a stodgier company like Coca-Cola. The high options premiums are why the fund sports a whopping 11.2% 30-day SEC yield (as of June 30, 2025). Over the last three years, the JP Morgan Nasdaq Equity Premium Income ETF has only gained a modest 15.3% despite its holdings being similar to those of the growth-stock-powered Nasdaq-100. But factor in its dividend income, and the fund is up 61.4% -- which is close to the S&P 500. As you can see in the chart, investors would have produced an even larger return if they had just invested in the Nasdaq-100 without an income-oriented strategy. But the last three years have featured explosive gains for top growth stocks. If these stocks cool off or trade sideways for a while, the JP Morgan Nasdaq Equity Premium Income ETF will likely outperform the Nasdaq-100. The ETF features a 0.35% expense ratio, which is much higher than a low-cost index fund or sector ETF. However, the fund offers a service that would be extremely difficult to replicate without an ETF, so the fees could be worthwhile if the fund aligns with your investment objectives. The fund stands out as an excellent way to generate monthly passive income from growth stocks. However, it's worth understanding that the call premiums generated don't offer much downside protection, so the fund can feature similar volatility to the Nasdaq-100 during rapid and steep sell-offs. Should you invest $1,000 in Global X Funds - Global X Mlp ETF right now? Before you buy stock in Global X Funds - Global X Mlp ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Global X Funds - Global X Mlp ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 28, 2025 Charles Schwab is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Daniel Foelber has positions in Nvidia. Lee Samaha has no position in any of the stocks mentioned. Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chevron, JPMorgan Chase, Nvidia, and Texas Instruments. The Motley Fool recommends Charles Schwab and recommends the following options: short September 2025 $92.50 calls on Charles Schwab. The Motley Fool has a disclosure policy. 3 Dividend-Paying ETFs to Buy in July Even if the S&P 500 Sells Off was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
25-07-2025
- Business
- Yahoo
2 Fintech ETFs to Buy With $2,000 and Hold Forever
Key Points Financial technology, or fintech, is making a comeback after a few tough years. From payment processing to cryptocurrency trading, there are plenty of opportunities in the space. Instead of picking individual fintech stocks, there are some excellent ETFs to consider. 10 stocks we like better than Global X Funds - Global X FinTech ETF › Financial technology, or fintech, was one of the worst performing parts of the stock market in the 2022 bear market and for the roughly two-year period that followed. During the COVID-19 pandemic, the economy turned to online payments, cashless money transfers, and cryptocurrency interest surged. When the pandemic-era restrictions ended, interest rates rose, and inflation hit the U.S. hard, many fintech companies struggled. However, we're slowly but surely starting to see a resurgence of fintech stocks in 2025. Just to name a couple of examples, banking disruptor SoFi (NASDAQ: SOFI) has seen member growth accelerate recently, and PayPal (NASDAQ: PYPL) has returned to user growth after a multiyear lull. There are some massive opportunities in fintech, to put it mildly. But this can also be a volatile industry to invest in. If you want fintech exposure in your portfolio but also aren't sur what individual stocks to buy, there are some excellent ETFs you might want to consider. Global X Fintech ETF The Global X Fintech ETF (NASDAQ: FINX) is one of the oldest fintech ETFs, and it tracks an index of companies that aim to transform the financial sector. Since its inception in 2016, the ETF has delivered 10.6% annualized returns, and that's after its 0.68% expense ratio is reflected. This is a weighted index fund, so generally speaking, larger fintech companies make up a larger percentage of the portfolio. Here's a look at some of the top holdings as of this writing: Company (Symbol) % of ETF Coinbase (NASDAQ: COIN) 9.76% Intuit (NASDAQ: INTU) 6.36% Fidelity National Info (NYSE: FIS) 5.75% PayPal 5.55% Adyen (OTC: ADYE.Y) 5.13% Data source: Global X. In short, this is a great way to get passive exposure to the Who's Who of fintech, and for a reasonable fee structure. Ark Fintech Innovation ETF The Global X ETF is a passive one, which means that it simply tracks an index of fintech companies and aims to match its performance over time, net of fees. On the other hand, the Ark Fintech Innovation ETF (NYSEMKT: ARKF), which has more than $1.2 billion in assets, is an actively managed fund. This means that portfolio managers (in this case notable tech investor Cathie Wood) select stocks with the goal of beating a benchmark. Because of the actively managed nature, there are two big portfolio differences. First, the definition of a "fintech stock" is a little broader. For example, the fund invests about 5% of its assets in Bitcoin (CRYPTO: BTC). Second, it's not just large fintech stocks that make up the top holdings. As you can see from the list of the top five holdings, there are some that are not large caps, and that are not traditionally considered to be fintech stocks: Company (Symbol) % of ETF Shopify (NASDAQ: SHOP) 9.30% Robinhood (NASDAQ: HOOD) 8.64% Coinbase (NASDAQ: COIN) 8.10% Circle Internet Group (NYSE: CRCL) 6.06% Roblox (NYSE: RBLX) 4.99% Data source: Ark Invest. The Ark Fintech Innovation ETF has a slightly higher 0.75% expense ratio, which is still quite reasonable for a highly specialized, actively managed fund. And it's worth noting that since the ETF's inception in early 2019, it has delivered annualized returns of nearly 16%. The bottom line is that these are both solid ways to invest in fintech stocks without trying to pick individual winners, but there are some big differences. If you want a broad fintech investment that should do very well no matter what companies win, the Global X fund could be the way to go, but if you're looking to have more exposure to smaller, high-potential companies and also can tolerate more volatility, the Ark ETF could be a better fit for you. Should you buy stock in Global X Funds - Global X FinTech ETF right now? Before you buy stock in Global X Funds - Global X FinTech ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Global X Funds - Global X FinTech ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Matt Frankel has positions in PayPal, Roblox, Shopify, and SoFi Technologies and has the following options: short January 2026 $135 calls on Shopify. The Motley Fool has positions in and recommends Adyen, Bitcoin, Intuit, PayPal, Roblox, and Shopify. The Motley Fool recommends Coinbase Global and recommends the following options: long January 2027 $42.50 calls on PayPal and short September 2025 $77.50 calls on PayPal. The Motley Fool has a disclosure policy. 2 Fintech ETFs to Buy With $2,000 and Hold Forever was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
24-07-2025
- Business
- Cision Canada
GLOBAL X ANNOUNCES JULY 2025 DISTRIBUTIONS FOR ITS SUITE OF ETFs Français
TORONTO, July 24, 2025 /CNW/ - Global X Investments Canada Inc. ("Global X") is pleased to announce the distribution amounts per security (the"Distributions") for its exchange traded funds (the " ETFs"), for the period ending July 31, 2025, as indicated in the table below. The ex-dividend date for the following Distributions is anticipated to be July 31, 2025. The record date for all ETFs will be July 31, 2025. The Distributions for securities of each ETF will be paid in cash or, if the securityholder has enrolled in the respective ETF's dividend reinvestment plan, reinvested in additional securities of the applicable ETF, on or about August 8, 2025. Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit About Global X Investments Canada Inc. ( 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 ETFs are not sponsored, endorsed, sold, or promoted by S&P, TSX, NASDAQ MX Group, or Morningstar and their affiliated companies and none of these parties make any representation, warranty, or condition regarding the advisability of buying, selling or holding units shares in the Global X ETFs. All trademarks/service marks are registered by their respective owners. None of the owners thereof or any of their affiliates sponsor, endorse, sell, promote or make any representation regarding the advisability of investing in the Global X ETFs. Complete trademark and service-mark information are available at Standard & Poor's®" and "S&P®" are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and have been licensed for use by Global X Investments Canada Inc. ("Global X") The Global X ETFs are not sponsored, endorsed, sold or promoted by S&P, and S&P makes no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in the Global X ETFs. Nasdaq®, Nasdaq-100®, and Nasdaq-100 Index® are trademarks of The Nasdaq Stock Market, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Global X Investments Canada Inc. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). The Global X Russell 2000 Index ETF and the Global X Russell 2000 Covered Call ETF (in this disclaimer, the "Russell 2000 Funds") have been developed solely by Global X Investments Canada Inc. The Russell 2000 Funds are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the Russell 2000 RIC Capped Index (the "Index") vest in the relevant LSE Group company which owns the Index. Russell® is a trademark of the relevant LSE Group company and is used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Russell 2000 Funds. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Russell 2000 Funds or the suitability of the Index for the purpose to which it is being put by Global X Investments Canada Inc. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with Global X Investments Canada Inc. ("Global X") and any related funds. 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.
Cision Canada
08-07-2025
- Business
- Cision Canada
GLOBAL X ANNOUNCES SEMI-MONTHLY JULY 2025 DISTRIBUTIONS FOR ITS SUITE OF ETFs Français
TORONTO, July 8, 2025 /CNW/ - Global X Investments Canada Inc. ("Global X") is pleased to announce the distribution amounts per security (the"Distributions") for its exchange traded funds (the " ETFs"), as indicated in the table below. (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 $0.10244 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. (2) 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 $0.12805 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 About Global X Investments Canada Inc. ( 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.
