GLOBAL X ANNOUNCES MANAGEMENT FEE REBATE TO 0% FOR BEST OF CANADA ETF SUITE & ITS S&P/TSX 60 INDEX ETF
The effective annual management fee for each of the Rebated ETFs for the remainder of the calendar year ending
The majority of the Rebated ETFs are part of Global X's Best of Canada ETF suite, which offers concentrated exposure to the key sectors that help drive the Canadian economy forward and some of the largest and most liquid companies within them that are essential for fueling further growth in our country.
"Recently, it's been a challenging period for
The Rebated 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 Rebated ETFs are further described in the table below:
|
Ticker |
Index Exposure |
Management Fee before Rebate* |
Effective Management Fee until |
|
RING |
0.25 % |
0.00 % |
|
|
MART |
0.25 % |
0.00 % |
|
|
SAFE |
0.25 % |
0.00 % |
|
|
NRGY |
0.40 % |
0.00 % |
|
|
PPLN |
0.25 % |
0.00 % |
|
Global X Equal Weight Canadian Utilities Index |
UTIL |
0.25 % |
0.00 % |
|
Global X S&P/TSX 60 Index ETF |
CNDX |
0.13 % |
0.00 % |
*Plus applicable sales tax |
"When we launched our 'Best of
The Rebates are effective
For more information about RING, please visit: www.GlobalX.ca/Product/RING
For more information about MART, please visit: www.GlobalX.ca/Product/MART
For more information about SAFE, please visit: www.GlobalX.ca/Product/SAFE
For more information about NRGY, please visit: www.GlobalX.ca/Product/NRGY
For more information about PPLN, please visit: www.GlobalX.ca/Product/PPLN
For more information about UTIL, please visit: www.GlobalX.ca/Product/UTIL
For more information about CNDX, please visit: www.GlobalX.ca/Product/CNDX
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Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by
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.
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The Global X ETFs are not sponsored, endorsed, sold, or promoted by S&P, TSX,
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