TORONTO, Sept. 20,
2024 /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 September 30, 2024, as indicated in the tables
below.
The ex-dividend date for the following Distributions is
anticipated to be September 27,
2024.
|
ETF
Name
|
Ticker
Symbol
|
Distribution per
Security
|
Frequency
|
|
Global X Active
Canadian Dividend ETF
|
HAL
|
$0.13000
|
Quarterly
|
|
Global X Active Global
Dividend ETF
|
HAZ
|
$0.08950
|
Quarterly
|
|
Global X Marijuana Life
Sciences Index ETF(1)
|
HMMJ
|
$0.16400
|
Quarterly
|
|
HMMJ.U
|
$0.16400
|
Quarterly
|
|
Global X Pipelines
& Energy Services Index ETF
|
PPLN
|
$0.09550
|
Quarterly
|
|
Global X Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.08230
|
Quarterly
|
|
Global X Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.10400
|
Quarterly
|
|
Global X S&P Green
Bond Index ETF
|
HGGB
|
$0.14488
|
Quarterly
|
|
Global X S&P/TSX 60
Index ETF
|
CNDX
|
$0.19500
|
Quarterly
|
|
Global X MSCI EAFE
Index ETF(2)
|
EAFX.U
|
$0.14400
|
Quarterly
|
|
EAFX
|
$0.14400
|
Quarterly
|
|
Global X S&P 500
Index ETF(3)
|
USSX.U
|
$0.06500
|
Quarterly
|
|
USSX
|
$0.06500
|
Quarterly
|
|
Global X Active
Corporate Bond ETF
|
HAB
|
$0.03250
|
Monthly
|
|
Global X Active
Canadian Bond ETF
|
HAD
|
$0.02350
|
Monthly
|
|
Global X Active Global
Fixed Income ETF
|
HAF
|
$0.03500
|
Monthly
|
|
Global X Active Hybrid
Bond and Preferred Share ETF
|
HYBR
|
$0.03300
|
Monthly
|
|
Global X Active
Ultra-Short Term Investment Grade Bond ETF
|
HFR
|
$0.04000
|
Monthly
|
|
Global X Active
Canadian Municipal Bond ETF
|
HMP
|
$0.02250
|
Monthly
|
|
Global X Active
Preferred Share ETF
|
HPR
|
$0.03200
|
Monthly
|
|
Global X Canadian
Utility Services High Dividend Index ETF
|
UTIL
|
$0.08100
|
Monthly
|
|
Global X Conservative
Asset Allocation ETF
|
HCON
|
$0.03000
|
Monthly
|
|
Global X Balanced Asset
Allocation ETF
|
HBAL
|
$0.03000
|
Monthly
|
|
Global X Growth Asset
Allocation ETF
|
HGRW
|
$0.04000
|
Monthly
|
|
Global X All-Equity
Asset Allocation ETF
|
HEQT
|
$0.02500
|
Monthly
|
|
Global X Equal Weight
Canadian Banks Index ETF
|
HBNK
|
$0.08500
|
Monthly
|
|
Global X Equal Weight
Canadian Bank Covered Call ETF
|
BKCC
|
$0.15000
|
Monthly
|
|
Global X Canadian Oil
and Gas Equity Covered Call ETF
|
ENCC
|
$0.13000
|
Monthly
|
|
Global X S&P 500
Covered Call ETF(4)
|
USCC.U
|
$0.12000
|
Monthly
|
|
USCC
|
$0.12000
|
Monthly
|
|
Global X Nasdaq-100
Covered Call ETF
|
QQCC
|
$0.10750
|
Monthly
|
|
Global X S&P/TSX 60
Covered Call ETF
|
CNCC
|
$0.10000
|
Monthly
|
|
Global X Gold Yield
ETF
|
HGY
|
$0.05000
|
Monthly
|
|
Global X Gold Producer
Equity Covered Call ETF
|
GLCC
|
$0.22000
|
Monthly
|
|
Global X Enhanced Equal
Weight Banks Index ETF
|
BNKL
|
$0.09500
|
Monthly
|
|
Global X Enhanced Equal
Weight Canadian Banks Covered Call ETF
|
BKCL
|
$0.24500
|
Monthly
|
|
Global X Enhanced
S&P/TSX 60 Index ETF
|
CANL
|
$0.07000
|
Monthly
|
|
Global X Enhanced
S&P/TSX 60 Covered Call ETF
|
CNCL
|
$0.20000
|
Monthly
|
|
Global X Enhanced
S&P 500 Covered Call ETF
|
USCL
|
$0.23000
|
Monthly
|
|
Global X Enhanced
Nasdaq-100 Covered Call ETF
|
QQCL
|
$0.25000
|
Monthly
|
|
Global X Enhanced
Canadian Oil and Gas Equity Covered Call ETF
|
ENCL
|
$0.29000
|
Monthly
|
|
Global X Enhanced
All-Equity Asset Allocation Covered Call ETF
|
EQCL
|
$0.21000
|
Monthly
|
|
Global X Enhanced
All-Equity Asset Allocation ETF
|
HEQL
|
$0.04000
|
Monthly
|
|
Global X Growth Asset
Allocation Covered Call ETF
|
GRCC
|
$0.15000
|
Monthly
|
|
Global X Short-Term
U.S. Treasury Premium Yield ETF(5)
|
SPAY.U
|
$0.12500
|
Monthly
|
|
SPAY
|
$0.12500
|
Monthly
|
|
Global X Mid-Term U.S.
Treasury Premium Yield ETF(5)
|
MPAY.U
|
$0.15000
|
Monthly
|
|
MPAY
|
$0.15000
|
Monthly
|
|
Global X Long-Term U.S.
Treasury Premium Yield ETF(5)
|
LPAY.U
|
$0.17500
|
Monthly
|
|
LPAY
|
$0.17500
|
Monthly
|
|
Global X MSCI EAFE
Covered Call ETF
|
EACC
|
$0.14000
|
Monthly
|
|
Global X MSCI Emerging
Markets Covered Call ETF
|
EMCC
|
$0.16500
|
Monthly
|
|
Global X Short-Term
Government Bond Premium Yield ETF
|
PAYS
|
$0.11500
|
Monthly
|
|
Global X Enhanced MSCI
EAFE Covered Call ETF
|
EACL
|
$0.17500
|
Monthly
|
|
Global X Enhanced MSCI
Emerging Markets Covered Call ETF
|
EMCL
|
$0.20500
|
Monthly
|
|
Global X All-Equity
Asset Allocation Covered Call ETF
|
EQCC
|
$0.16500
|
Monthly
|
|
Global X US Dollar
Currency ETF(6)
|
DLR.U
|
$0.08200
|
Quarterly
|
|
DLR
|
$0.08200
|
Quarterly
|
|
Global X High Interest
Savings ETF
|
CASH
|
$0.17500
|
Monthly
|
|
Global X 0-3 Month
T-Bill ETF
|
CBIL
|
$0.18000
|
Monthly
|
|
Global X 0-3 Month U.S.
T-Bill ETF(7)
|
UBIL.U
|
$0.21500
|
Monthly
|
|
Global X USD High
Interest Savings ETF(8)
|
UCSH.U
|
$0.21000
|
Monthly
|
The record date for all ETFs will be September 27, 2024. 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 October 7,
2024.
|
(1)
|
Distributions for
Global X Marijuana Life Sciences Index ETF are declared and paid in
Canadian dollars, including those listed under the U.S. dollar
traded ticker HMMJ.U. The approximate U.S. dollar equivalent
distribution rate for HMMJ.U is $0.12042 per security. For
securityholders who hold the U.S. dollar traded HMMJ.U, the
securityholder's account holder will typically convert distribution
payments to U.S. dollars.
|
|
(2)
|
Distributions for
the Global X MSCI EAFE Index ETF are declared and paid in U.S.
dollars, including those listed under the Canadian dollar-traded
ticker EAFX. The approximate Canadian dollar equivalent
distribution rate for EAFX is $0.19611 per security. For
securityholders who hold the Canadian dollar-traded EAFX, the
securityholder's account holder will typically convert distribution
payments to Canadian dollars
|
|
(3)
|
Distributions for
the Global X S&P 500 Index ETF are declared and paid in U.S.
dollars, including those listed under the Canadian dollar-traded
ticker USSX. The approximate Canadian dollar equivalent
distribution rate for USSX is $0.08852 per security. For
securityholders who hold the Canadian dollar-traded USSX, the
securityholder's account holder will typically convert distribution
payments to Canadian dollars
|
|
(4)
|
Distributions for
the Global X S&P 500 Covered Call ETF are declared and paid in
U.S. dollars, including those listed under the Canadian
dollar-traded ticker USCC. The approximate Canadian dollar
equivalent distribution rate for USCC is $0.16342 per security. For
securityholders who hold the Canadian dollar-traded USCC, the
securityholder's account holder will typically convert distribution
payments to Canadian dollars.
|
|
(5)
|
Distributions
for Global X Short-Term U.S. Treasury Premium Yield ETF,
Global X Mid-Term U.S. Treasury Premium Yield ETF and Global X
Long-Term U.S. Treasury Premium Yield ETF are declared and paid in
U.S. dollars, including those listed under the Canadian
dollar-traded ticker SPAY, MPAY and LPAY. The approximate Canadian
dollar equivalent distribution rate for SPAY is $0.17023 per
security, for MPAY is $0.20428 per security and for LPAY is
$0.23832 per security. For securityholders who hold the Canadian
dollar-traded ticker, SPAY, MPAY and LPAY, the securityholder's
account holder will typically convert distribution payments to
Canadian dollars.
|
|
(6)
|
Distributions for
the Global X US Dollar Currency ETF are declared and paid in U.S.
dollars, including those listed under the Canadian dollar-traded
ticker DLR. The approximate Canadian dollar equivalent distribution
rate for DLR is $0.11167 per security. For securityholders
who hold the Canadian dollar-traded DLR, the securityholder's
account holder will typically convert distribution payments to
Canadian dollars
|
|
(7)
|
Distributions for
the Global X 0-3 Month U.S. T-Bill ETF are declared and paid in
U.S. dollars.
|
|
(8)
|
Distributions for
Global X USD High Interest Savings ETF are declared and paid in
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 $35 billion of assets under
management and 125 ETFs as at August 31,
2024, 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
https://www.globalx.ca/disclaimers.
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 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.
© 2024 Global X Investments Canada Inc. All Rights
Reserved.
SOURCE Global X Investments Canada Inc.