Le Lézard
Classified in: Business
Subject: DIV

GLOBAL X ANNOUNCES JUNE 2024 DISTRIBUTIONS FOR ITS SUITE OF ETFs


TORONTO, June 21, 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 June 30, 2024, as indicated in the tables below.

The ex-dividend date for the following Distributions is anticipated to be June 28, 2024. 

ETF Name

Ticker

Symbol

Distribution

per Security

Frequency

Global X Active Canadian Dividend ETF

HAL

$0.15000

Quarterly

Global X Active Global Dividend ETF

HAZ

$0.09170

Quarterly

Global X Marijuana Life Sciences Index ETF(1)

HMMJ

$0.10500

Quarterly

HMMJ.U

$0.10500

Quarterly

Global X Pipelines & Energy Services Index ETF

PPLN

$0.09900

Quarterly

Global X Inovestor Canadian Equity Index ETF

INOC

$0.06660

Quarterly

Global X Global Sustainability Leaders Index ETF

ETHI

$0.10500

Quarterly

Global X S&P/TSX 60 Index ETF(2)

CNDX

$0.20000

Quarterly

Global X S&P Green Bond Index ETF

HGGB

$0.17470

Quarterly

Global X MSCI EAFE Index ETF(3)

EAFX.U

$0.15500

Quarterly

EAFX

$0.15500

Quarterly

Global X S&P 500 Index ETF(4)

USSX.U

$0.07000

Quarterly

USSX

$0.07000

Quarterly

Global X Active Corporate Bond ETF

HAB

$0.03100

Monthly

Global X Active Canadian Bond ETF

HAD

$0.02350

Monthly

Global X Active Global Fixed Income ETF

HAF

$0.03600

Monthly

Global X Active Hybrid Bond and Preferred Share ETF

HYBR

$0.03250

Monthly

Global X Active Ultra-Short Term Investment Grade Bond ETF

HFR

$0.04100

Monthly

Global X Active Canadian Municipal Bond ETF

HMP

$0.02200

Monthly

Global X Active Preferred Share ETF

HPR

$0.03200

Monthly

Global X Canadian Utility Services High Dividend Index ETF

UTIL

$0.08400

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

$0.09000

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 Index Covered Call ETF(5)

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 Index 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 Index Covered Call ETF

CNCL

$0.20000

Monthly

Global X Enhanced S&P 500 Index 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(6)

SPAY.U

$0.12500

Monthly

SPAY

$0.12500

Monthly

Global X Mid-Term U.S. Treasury Premium Yield ETF(6)

MPAY.U

$0.15000

Monthly

MPAY

$0.15000

Monthly

Global X Long-Term U.S. Treasury Premium Yield ETF(6)

LPAY.U

$0.17500

Monthly

LPAY

$0.17500

Monthly

Global X MSCI EAFE Covered Call ETF(7)

EACC

$0.14000

Monthly

Global X MSCI Emerging Markets Covered Call ETF(7)

EMCC

$0.16500

Monthly

Global X Short-Term Government Bond Premium Yield ETF(7)

PAYS

$0.11500

Monthly

Global X Enhanced MSCI EAFE Covered Call ETF(8)

EACL

$0.17500

Monthly

Global X Enhanced MSCI Emerging Markets Covered Call ETF(8)

EMCL

$0.20500

Monthly

Global X All-Equity Asset Allocation Covered Call ETF(8)

EQCC

$0.14000

Monthly

Global X US Dollar Currency ETF(9)

DLR.U

$0.08000

Quarterly

DLR

$0.08000

Quarterly

Global X High Interest Savings ETF

CASH

$0.19000

Monthly

Global X 0-3 Month T-Bill ETF

CBIL

$0.19500

Monthly

Global X 0-3 Month U.S. T-Bill ETF(10)

UBIL.U

$0.22000

Monthly

Global X USD High Interest Savings ETF(11)

UCSH.U

$0.21500

Monthly

The record date for all ETFs will be June 28, 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 July 8, 2024.

(1)

Distributions for Horizons 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 $0.07673 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)

Global X S&P/TSX 60 Index ETF began trading on May 15, 2024.  The distribution amount shown above represents the period since inception.

(3)

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 $0.21209 per security. For securityholders who hold the Canadian dollar-traded EAFX, the securityholder's account holder will typically convert distribution payments to Canadian dollars.  The ETF began trading on May 15, 2024.  The distribution amount shown above represents the period since inception.

(4)

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 $0.09578 per security. For securityholders who hold the Canadian dollar-traded USSX, the securityholder's account holder will typically convert distribution payments to Canadian dollars.  The ETF began trading on May 15, 2024.  The distribution amount shown above represents the period since inception.

(5)

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 $0.16420 per security. For securityholders who hold the Canadian dollar-traded USCC, the securityholder's account holder will typically convert distribution payments to Canadian dollars.

(6)

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 $0.17104 per security, for MPAY is $0.20525 per security and for LPAY is $0.23946 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.

(7)

Global X MSCI EAFE Covered Call ETF, Global X MSCI Emerging Markets Covered Call ETF, Global X Short-Term Government Bond Premium Yield ETF began trading on May 22, 2024.  The distribution amount shown above represents the period since inception.

(8)

Global X Enhanced MSCI EAFE Covered Call ETF, Global X Enhanced MSCI Emerging Markets Covered Call ETF, Global X All-Equity Asset Allocation Covered Call ETF began trading on May 29, 2024.  The distribution amount shown above represents the period since inception

(9)

Distributions for the Horizons 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 $0.10947 per security. For securityholders who hold the Canadian dollar-traded DLR, the securityholder's account holder will typically convert distribution payments to Canadian dollars.

(10)

Distributions for the Global X 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars.

(11)

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 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 more than $30 billion of assets under management and 125 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 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).

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.


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