Latest news with #GlobalX
Business Wire
9 hours ago
- Business
- Business Wire
Cboe Canada Lists New BetaPro ETFs from Global X, Offering 3x Leveraged and Inverse Market Exposure
TORONTO--(BUSINESS WIRE)-- Cboe Canada Inc. (' Cboe Canada ') is pleased to announce the launch of four new BetaPro ETFs from Global X Investments Canada Inc. (' Global X '). Now trading on Cboe Canada under the symbols SOXL, SOXS, TTLT and STLT, the new funds are designed to provide magnified (leveraged) or inverse exposure to the daily performance of a specific index, commodity, or sector. 'Today marks another exciting first on Cboe Canada with these launches from BetaPro by Global X,' said Victor Werny, Head of North American ETP Listings at Cboe Global Markets. 'We're proud to expand our partnership with BetaPro by Global X, a recognized leader in delivering cutting-edge, accessible investment solutions that meet the evolving needs of today's investors.' The four ETFs launched by Global X and their daily investment objectives are as follows: The BetaPro 3x Semiconductor Daily Leveraged Bull Alternative ETF (SOXL) is designed to provide 300% of the daily performance of the underlying NYSE Semiconductor Index, while the BetaPro -3x Semiconductor Daily Leveraged Bear Alternative ETF (SOXS) is designed to provide 300% of the inverse of the daily performance of the NYSE Semiconductor Index. Similarly, the BetaPro 3x US Treasury 20+ Year Daily Leveraged Bull Alternative ETF (TTLT) is designed to provide 300% of the daily performance of the ICE US Treasury 20+ Year Bond Index, while the BetaPro -3x US Treasury 20+ Year Daily Leveraged Bear Alternative ETF (STLT) is designed to provide 300% of the inverse of the daily performance of the ICE US Treasure 20+ Year Bond Index. Currency movements can introduce unwanted noise and reduce the precision of tactical trades. The new ETFs employ currency hedging to seek to neutralize U.S. dollar exposure, providing performance that may more accurately reflect the underlying U.S. indices. 'When taking a high-conviction position within a volatile sector or asset class, the last thing sophisticated Canadian traders want to see is their expectations and returns distorted by currency fluctuations,' said Chris McHaney, Executive Vice President, Investment Management & Strategy at Global X. 'The BetaPro 3X and -3X ETFs stand apart from the competition on this key differentiator with a built-in currency hedge structure, which helps to neutralize U.S. dollar movements. That means the potential for a better trading experience for Canadians.' Investors can trade units of all BetaPro by Global X ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers. Click here for a complete view of all Cboe-listed securities in Canada. Cboe Canada is home to ETFs from Canada's largest ETF issuers, over 120 Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. Cboe consistently facilitates 20% of all volume traded in Canadian ETFs. About Cboe Canada Cboe Canada is a senior stock exchange providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data. Cboe Canada is part of Cboe Global Markets, the leading securities and derivatives exchange network. With exchanges in North America, Europe, and Asia Pacific, Cboe is harnessing its footprint around the world to equip Issuers with essential capital market solutions. Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,300+ Canadian ETFs, free of charge. About Global X Investments Canada Global X Investments Canada Inc. ('Global X') is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X product 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 over $40 billion of assets under management and 152 ETFs listed on major Canadian stock exchanges. Global X is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages approximately $800 billion of assets across 19 countries and global markets around the world.
National Post
13 hours ago
- Business
- National Post
Cboe Canada Lists New BetaPro ETFs from Global X, Offering 3x Leveraged and Inverse Market Exposure
Article content TORONTO — Cboe Canada Inc. (' Cboe Canada ') is pleased to announce the launch of four new BetaPro ETFs from Global X Investments Canada Inc. (' Global X '). Now trading on Cboe Canada under the symbols SOXL, SOXS, TTLT and STLT, the new funds are designed to provide magnified (leveraged) or inverse exposure to the daily performance of a specific index, commodity, or sector. Article content 'Today marks another exciting first on Cboe Canada with these launches from BetaPro by Global X,' said Victor Werny, Head of North American ETP Listings at Cboe Global Markets. 'We're proud to expand our partnership with BetaPro by Global X, a recognized leader in delivering cutting-edge, accessible investment solutions that meet the evolving needs of today's investors.' Article content The four ETFs launched by Global X and their daily investment objectives are as follows: Article content The BetaPro 3x Semiconductor Daily Leveraged Bull Alternative ETF ( SOXL) is designed to provide 300% of the daily performance of the underlying NYSE Semiconductor Index, while the BetaPro -3x Semiconductor Daily Leveraged Bear Alternative ETF ( SOXS) is designed to provide 300% of the inverse of the daily performance of the NYSE Semiconductor Index. Article content Similarly, the BetaPro 3x US Treasury 20+ Year Daily Leveraged Bull Alternative ETF ( TTLT) is designed to provide 300% of the daily performance of the ICE US Treasury 20+ Year Bond Index, while the BetaPro -3x US Treasury 20+ Year Daily Leveraged Bear Alternative ETF ( STLT) is designed to provide 300% of the inverse of the daily performance of the ICE US Treasure 20+ Year Bond Index. Article content Currency movements can introduce unwanted noise and reduce the precision of tactical trades. The new ETFs employ currency hedging to seek to neutralize U.S. dollar exposure, providing performance that may more accurately reflect the underlying U.S. indices. Article content 'When taking a high-conviction position within a volatile sector or asset class, the last thing sophisticated Canadian traders want to see is their expectations and returns distorted by currency fluctuations,' said Chris McHaney, Executive Vice President, Investment Management & Strategy at Global X. 'The BetaPro 3X and -3X ETFs stand apart from the competition on this key differentiator with a built-in currency hedge structure, which helps to neutralize U.S. dollar movements. That means the potential for a better trading experience for Canadians.' Article content Investors can trade units of all BetaPro by Global X ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers. Click here for a complete view of all Cboe-listed securities in Canada. Article content Cboe Canada is home to ETFs from Canada's largest ETF issuers, over 120 Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. Cboe consistently facilitates 20% of all volume traded in Canadian ETFs. Article content About Cboe Canada Article content Cboe Canada is a senior stock exchange providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data. Article content Cboe Canada is part of Cboe Global Markets, the leading securities and derivatives exchange network. With exchanges in North America, Europe, and Asia Pacific, Cboe is harnessing its footprint around the world to equip Issuers with essential capital market solutions. Article content Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,300+ Canadian ETFs, free of charge. Article content Connect with Cboe Canada: Website | LinkedIn | X | Instagram | Facebook About Global X Investments Canada Global X Investments Canada Inc. ('Global X') is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X product 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 over $40 billion of assets under management and 152 ETFs listed on major Canadian stock exchanges. Global X is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages approximately $800 billion of assets across 19 countries and global markets around the world. Article content Article content Article content Article content
Cision Canada
15 hours ago
- Business
- Cision Canada
BetaPro by Global X Expands Canada's Largest Leveraged ETF Suite with 3X & -3X Exposure to U.S. Treasuries, Semiconductors and the S&P/TSX 60™ Français
All BetaPro 3X & -3X ETFs have their management fees rebated to 0.65% until the end of the year TORONTO, Aug. 12, 2025 /CNW/ - Global X Investments Canada Inc. (" Global X" or the " Manager") is announcing the launch of six new ETFs (the " New ETFs") within its BetaPro by Global X (" BetaPro") suite, offering new ways to access three-times (" 3X") and minus three-times (" -3X") exposure to U.S. Treasuries, Semiconductors and the S&P/TSX 60 ™ Index. Units of the ETFs begin trading today on the Toronto Stock Exchange (" TSX") and Cboe Canada Inc. (" Cboe Canada"). BetaPro is the first, largest and longest-running family of leveraged, inverse, and inverse leveraged ETFs in Canada. With more than 17 years of trading in Canada across 38 ETFs, BetaPro by Global X is the Canadian leader in this ETF category. In addition to the launch, the Manager is simultaneously announcing a 50-basis points rebate (the " Rebates") on the New ETFs until December 31, 2025. For the duration of the Rebates, the effective management fee for the New ETFs is 0.65%. " From the global semiconductor boom to the magnitude of U.S. Treasuries, these new launches represent some of the most exciting sectors, indices and asset classes in recent market memory," said Erik Sloane, Executive Vice President, Head of Distribution at Global X. " As part of our mission, we are constantly exploring new ways to empower sophisticated Canadian traders to take advantage of volatility with today's market movers. These latest 3X and -3X launches are our most recent answer and offering to them." More details on the New ETFs are outlined in the table below: The New ETFs are designed to provide daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to 300% of the daily performance of the specified Underlying Index, or 300% of the inverse of the daily performance of the specified Underlying Index. The New ETFs do not seek to achieve their stated investment objective over a period of time greater than one day and are not for investors who do not intend to actively monitor their investments daily. Any U.S. dollar gains or losses as a result of the ETFs' investments will be hedged back to the Canadian dollar to the best of their ability. Currency movements can introduce unwanted noise and reduce the precision of tactical trades. The New ETFs employ currency hedging to seek to neutralize U.S. dollar exposure, providing performance that may more accurately reflect the underlying U.S. equity indices. " When taking a high-conviction position within a volatile sector or asset class, the last thing sophisticated Canadian traders want to see is their expectations and returns distorted by currency fluctuations," said Erik Sloane. " The BetaPro 3X and -3X ETFs stand apart from the competition on this key differentiator with a built-in currency hedge structure, which helps to neutralize U.S. dollar movements. That means the potential for a better trading experience for Canadians." The Rebates are effective upon the launch of the New ETFs. The New ETFs are still subject to operating expenses, which are included in the Management Expense Ratio (" MER") and are still subject to trading costs, which are included in the Trading Expense Ratio (" TER"). The New ETFs closed their initial offering of units to their designated broker and will begin trading today on the TSX and Cboe Canada. About BetaPro by Global X ( The BetaPro ETFs by Global X are managed by Global X Investments Canada Inc. ("Global X"), a leading provider of leveraged, inverse, and inverse-leveraged exchange-traded funds listed on Canada's major stock exchanges. For over a decade, BetaPro has equipped Canadian traders with advanced tools to help navigate and capitalize on rapidly changing markets. Its innovative lineup of ETFs offers daily exposure to a wide range of indices and commodities, including the Nasdaq-100, S&P/TSX 60, gold, oil, and Bitcoin. Global X is a wholly owned subsidiary of Mirae Asset Financial Group, which manages over $800 billion in assets across 19 countries and global markets worldwide. About Global X Investments Canada Inc. ( Global X Investments Canada Inc. ("Global X") is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X product 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 over $40 billion of assets under management as at July 31, 2025, and 152 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. For investor inquiries: Please contact Global X at 1-866-641-5739 (toll-free) or (416) 933-5745 [email protected] 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 Global X Funds include our BetaPro products (the "BetaPro Products"). The BetaPro Products are alternative mutual funds within the meaning of National Instrument 81-102 Investment Funds and are permitted to use strategies generally prohibited by conventional mutual funds: the ability to invest more than 10% of their net asset value in securities of a single issuer, to employ leverage, and engage in short selling to a greater extent than is permitted in conventional mutual funds. While these strategies will only be used in accordance with the investment objectives and strategies of the BetaPro Products, during certain market conditions they may accelerate the risk that an investment in shares of a BetaPro Product decreases in value. The BetaPro Products include the 3x and -3x ETFs and will use leveraged and inverse leveraged investment techniques that can magnify gains and losses and may result in greater volatility of returns. These 3x and -3x ETFs are subject to leverage risk and may be subject to aggressive investment risk and price volatility risk, among other risks, which are described in their prospectus. Each 3x and -3x ETF seeks a return, before fees and expenses, that is equal to either 300% or –300% of the performance of a specified underlying index (the "Target") for a single day. Due to the compounding of daily returns, a 3x and -3x ETF's returns over periods other than one day will likely differ in amount and possibly direction from the performance of their respective Target(s) for the same period. Hedging costs charged to BetaPro Products reduce the value of the forward price payable to that ETF. An investment in any of the BetaPro Products is not intended as a complete investment program and is appropriate only for sophisticated investors who have the capacity to absorb a loss of some or all of their investment. Please read the full risk disclosure in the prospectus before investing. Investors should monitor their holdings in BetaPro Products and their performance at least as frequently as daily to ensure such investment(s) remain consistent with their investment strategies. 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. 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. ICE Data Indices, LLC ("ICE Data"). ICE US Treasury 20+ Year Bond Index ("Index") is used with permission. "ICE US Treasury 20+ Year Bond Index SM/®" is a service/trademark of ICE Data or its affiliates and BofA® is a registered trademark of Bank of America Corporation licensed by Bank of America Corporation and its affiliates ("BofA") and may not be used without BofA's prior written approval]. These trademarks have been licensed, along with the Index for use by Global X Investments Canada Inc. in connection with BetaPro 3x US Treasury 20+ Year Daily Leveraged Bull Alternative ETF (TTLT) and BetaPro -3x US Treasury 20+ Year Daily Leveraged Bear Alternative ETF (STLT) (the "Products"). Neither Global X Investments Canada Inc. nor the Products, as applicable, are sponsored, endorsed, sold or promoted by ICE Data, its affiliates or its Third-Party Suppliers ("ICE Data and its Suppliers"). ICE Data and its Suppliers make no representations or warranties regarding the advisability of investing in securities generally, in the Product particularly, the Trust or the ability of the Index to track general market performance. Past performance of an index is not an indicator of or a guarantee of future results. ICE DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM ("INDEX DATA"). ICE DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA, WHICH ARE PROVIDED ON AN "AS IS" BASIS AND YOUR USE IS AT YOUR OWN RISK. ICE Data Indices, LLC ("IDI") is used with permission. ICE® is a registered trademark of IDI or its affiliates and has been licensed, along with the Underlying Index, for use by the Manager in connection with SOXL and SOXS. "NYSE" is a registered trademark of NYSE Group, Inc., an affiliate of IDI and is used by IDI with permission and under a license. Neither the Manager or SOXL and SOXS, as applicable, is sponsored, endorsed, sold or promoted by IDI, its affiliates or its third party suppliers ("IDI and its Suppliers"). IDI and its Suppliers make no representations or warranties regarding the advisability of investing in securities generally, in SOXL or SOXS particularly, or the ability of the Underlying Index to track general market performance. IDI's only relationship to the Manager is the licensing of certain trademarks and trade names and the Underlying Index or components thereof. The Underlying Index is determined, composed and calculated by IDI without regard to the Manager, SOXL, SOXS or their holders. IDI has no obligation to take the needs of the Manager or the holders of SOXL or SOXS into consideration in determining, composing or calculating the Underlying Index. IDI is not responsible for and has not participated in the determination of the timing of, prices of, or quantities of the Fund to be issued or in the determination or calculation of the equation by which the Fund is to be priced, sold, purchased, or redeemed. All information provided by IDI is general in nature and not tailored to the needs of the Manager or any other person, entity or group of persons. IDI has no obligation or liability in connection with the administration, marketing, or trading of SOXL or SOXS. IDI is not an investment adviser. Inclusion of a security within an index is not a recommendation by IDI to buy, sell, or hold such security, nor is it considered to be investment advice. IDI AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE UNDERLYING INDEX, INDEX DATA AND ANY INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM ("INDEX DATA"). IDI AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE UNDERLYING INDEX AND THE INDEX DATA, WHICH ARE PROVIDED ON AN "AS IS" BASIS AND YOUR USE IS AT YOUR OWN RISK. NEITHER THE INDICATION THAT NYSE IS LICENSED FROM NYSE GROUP. INC. OR USED BY IDI OR ITS AFFILIATES WITH PERMISSION FROM NYSE GROUP, INC. IN ANY WAY SUGGESTS OR IMPLIES A REPRESENTATION OR OPINION BY NYSE GROUP, INC. OR ANY SUCH AFFILIATES AS TO THE ATTRACTIVENESS OF INVESTMENT IN ANY SECURITIES, INVESTMENTS, OTHER FINANCIAL PRODUCTS, ENTERTAINMENT, MEDIA, ARTISTIC WORKS, ACADEMIC WORKS, EDUCATIONAL WORKS OR ANY OTHER PRODUCTS (COLLECTIVELY, "PRODUCTS"); AS TO THE POSSIBLE BENEFITS FROM ANY PRODUCTS; OR SPONSORSHIP, APPROVAL OR ENDORSEMENT OF IDI BY NYSE GROUP, INC. OR ANY OF IDI'S PRODUCTS (AS APPLICABLE). NYSE GROUP, INC. IS NOT THE ISSUER OF ANY SUCH PRODUCTS AND MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE WITH RESPECT THERETO OR REFLECTED THEREIN, NOR AS TO RESULTS TO BE OBTAINED BY ANY PERSON OR ANY ENTITY. This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase investment products (the "Global X Funds") 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.
Axios
2 days ago
- Business
- Axios
Gold investors remain bullish amid tariff scramble
A U.S. government agency ruled that gold bars from Switzerland would be subject to tariffs. Gold prices shot up. Then the administration announced it would issue a new policy to exempt the gold bars. Why it matters: The snip-snap approach to tariffs roiled bullion prices, but investors say they are bullish with or without the tariffs. Catch up quick: Switzerland is one of the largest gold refiners in the world, exporting over $50 billion worth over the 12 months ending in June. Gold exports spiked early this year as investors sought to frontload tariffs, according to HSBC. What they're saying:"This action further bolsters our bullish outlook for gold prices, with these tariffs set to disrupt the flow of gold globally and push both the US and global price higher," Trevor Yates, senior investment analyst at Global X, wrote in a note. Between the lines: There are still several catalysts ahead for gold demand, according to Bob Iaccino, chief market strategist at Path Trading Partners and author of the Finance Unfiltered newsletter. Volatility amid tariff uncertainty would be good for gold, since it is still considered a safe haven asset. Rate cuts could be another tailwind. Central bank purchases of gold also continue to climb amid a de-dollarization push driven by tariff policy by the administration. Zoom out: Investors have been riding the gold gravy train all year, according to the latest Gold Demand Trends report from the World Gold Council. Gold ETF inflows hit 170 metric tons in the second quarter of 2025, valued at nearly $400 billion, the strongest first half finish since 2020. Retail investment rose 11% year-over-year, driven by demand in China. Central banks added 166 metric tons in the second quarter, with 95% of reserve managers expecting central bank buying to keep exacerbating. Yes, but: There remains uncertainty about what reciprocal tariffs on other gold-exporting countries could mean for the precious metal. The only two countries the U.S. gets more gold from than Switzerland are Canada and Mexico. Be smart: According to Bloomberg, managers at gold refineries are already pausing shipments until there is more clarity on levies. Tariffs could also have severe implications for how gold futures are traded.
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.
