TORONTO – January 10, 2025 – Global X Investments Canada Inc. (the “Manager”) announced today that it will be terminating four of its exchange traded funds (the “ETFs”) effective at the close of business on or about March 24, 2025 (the “Termination Date”). Details of the terminating ETFs are as follows:
| ETF Name | Ticker Symbol |
| Global X Carbon Credits ETF | CARB |
| Global X ReSolve Adaptive Asset Allocation Corporate Class ETF | HRAA |
| Global X S&P Green Bond Index ETF | HGGB |
| Global X Metaverse Index ETF | MTAV |
Effective March 14, 2025, except in limited circumstances, no further direct subscriptions for securities of the ETFs will be accepted. The ETFs are expected to be de-listed from the Toronto Stock Exchange, at the request of the Manager, at the close of business on or about March 18, 2025, with all securities still held by investors being subject to a mandatory redemption as of the Termination Date.
Any remaining securityholders of an ETF as at the Termination Date will receive the net proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the ETF, on a pro-rata basis.
About Global X Investments Canada Inc. (www.GlobalX.ca)
Global X Investments Canada Inc. (“Global X”) 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 $38 billion of assets under management and 134 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.
For investor inquiries:
Please contact Global X at 1-866-641-5739 (toll-free) or (416) 933-5745
For media inquiries:
Contact Jonathan McGuire
Vice President, Communications
Global X Investments Canada Inc.
(647) 289-3324
[email protected]
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. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.
Categories: News, Press Releases