BetaPro by Global X Expands Suite with Canada's First 3x & -3x Russell 2000 ETFs and -1x Nasdaq-100 Exposure
All BetaPro 3x & -3x ETFs have their management fees rebated to 0.65% until the end of 2025
BetaPro is the first, largest and longest-running family of leveraged, inverse, and inverse leveraged ETFs in
In addition to the launch, the Manager is simultaneously announcing a 50 basis point rebate (the "Rebates") on the Russell 2000 ETFs until
"The Russell 2000 is one of the most watched indicators of U.S. market sentiment, often reflecting shifts in growth, risk-taking and momentum – a fitting exposure for the BetaPro by Global X suite," said
More details on the new ETFs are outlined in the table below:
ETF Name |
Ticker |
Leverage |
Underlying |
Exchange |
Management |
Effective |
TRSL |
3X |
Russell 2000 |
TSX |
1.15 % |
0.65 % |
|
-3X |
Russell 2000 |
TSX |
1.15 % |
0.65 % |
||
-1X |
Nasdaq 100 |
TSX |
1.15 % |
1.15 % |
*Plus applicable sales tax |
The Russell 2000 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 Russell 2000 Index, or 300% of the inverse of its daily performance. The Russell 2000 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
In addition to the Russell 2000 ETFs, the Manager is also announcing the launch of the
"With the launch of QQI, it's clear that the BetaPro by Global X suite offers the widest range of ways to trade the Nasdaq-100 in
The Russell 2000 ETFs employ currency hedging, seeking to neutralize
The Rebates are effective upon the launch of the Russell 2000 ETFs. The Russell 2000 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.
About BetaPro by Global X (www.BetaPro.ca)
The BetaPro ETFs by Global X are managed by
About
Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by
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.
The Russell 2000 Funds have been developed solely by
Nasdaq®, Nasdaq-100®, and Nasdaq-100 Index® are trademarks of
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 investment products (the "Global X Funds") managed by
© 2025
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