Global X Announces Permanent Management Fee Reduction Global X Active Canadian Municipal Bond ETF
HMP seeks to provide unitholders with a high level of income by investing primarily in a portfolio of Canadian municipal bonds denominated in Canadian dollars.
Effective
The Fee Reduction for HMP is further described in the table below:
|
ETF Name |
Ticker Symbol |
Target |
Exchange |
Previous Management |
New
Fee1 effective 2026 |
|
HMP |
Canadian Municipal Bonds |
|
0.29 % |
0.25 % |
|
1 Plus applicable sales taxes |
The ETF is sub-advised by Fiera Capital Corporation ("Fiera"), one of
By focusing on Canadian municipal bonds that have a lower-risk profile compared to investment-grade corporate bonds, HMP offers exposure to a stable and reliable asset class known for its relatively low default rates.
The investment objectives, strategies, and existing name for HMP, as outlined in its prospectus, remain the same.
About
About Fiera Capital Corporation ( www.fieracapital.com )
Fiera Capital Corporation ("Fiera") is a leading independent asset management firm with a growing global presence. Fiera delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia and the Middle East. Fiera's depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to our mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera trades under the ticker FSZ on the
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