Global X Launches MTRX ETF Focused On Infrastructure & Commodities Powering AI Development

TORONTO – February 20, 2025 – Global X Investments Canada Inc. (“Global X” or the “Manager”) is pleased to announce the launch of the Global X Artificial Intelligence Infrastructure Index ETF (“MTRX” or the “ETF”). Units of the ETF will begin trading today on the Toronto Stock Exchange (“TSX”).

MTRX seeks to replicate, to the extent possible and net of expenses, the performance of an index designed to provide exposure to global publicly listed companies involved in supporting the infrastructure requirements arising from Artificial Intelligence Operations (currently, the Mirae Asset AI Infrastructure CAD Index).

*Plus applicable sales tax

While other strategies targeting the artificial intelligence (“AI”) investment opportunity provide exposure to companies involved in developing and utilizing AI-related hardware and software, MTRX focuses on the energy infrastructure and components critical to AI’s manufacturing and operations, including electronic manufacturers and electricity utility providers.  

“While the large language models, like ChatGPT, Claude or DeepSeek, have driven the global conversation around AI, it’s important to remember that none of this would be possible without traditional electronic components, like circuits, transistors and diodes,” said Alex Smahtin, Portfolio Manager and Senior Analyst at Global X. “Similar to owning the ‘picks and shovels’ used during the gold rush, we believe that MTRX offers Canadian investors the opportunity to focus on the long-term development and operation of AI, rather than the leading application.”

In addition, MTRX also provides exposure to copper and uranium mining companies. While copper is a traditional and key metal for electrical utility construction, the addition of uranium to MTRX’s exposure reflects a growing global consensus that nuclear power will be necessary to power the growing energy demands of future AI development.

“AI’s rapid expansion is driving an unprecedented surge in electricity demand. Industry forecasts suggest that by 2030, data centers—many of which power AI applications—could consume as much as 8% of total U.S. electricity, up from just 3% in 2022¹,” said Mr. Smahtin. “As AI adoption accelerates, one of the major beneficiaries will be the companies that provide the power and materials needed for its operation.” Smahtin added.

¹ Source: Goldman Sachs as at April 28, 2024, “AI, data centers and the coming US power demand surge”.

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 $40 billion of assets under management and 135 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

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Contact Jonathan McGuire
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Global X Investments Canada Inc.

(647) 289-3324
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