Global X Investments Canada Inc Equity ETF Suite Overview

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Global X Investments Canada Inc. offers a range of innovative ETFs that cater to diverse investor needs.

Their Equity ETF Suite is a notable part of their offerings, providing exposure to various asset classes and investment themes.

With a focus on thematic investing, Global X's Equity ETFs allow investors to tap into emerging trends and opportunities.

One notable example is their suite of dividend-focused ETFs, which provide a way for investors to generate income and participate in the growth of established companies.

Canada ETF Suite

Global X Investments Canada Inc. has developed two distinct ETF suites for Canadian investors. The Best of Canada ETF Suite focuses on sector leaders with fewer than ten constituents per fund, ensuring a concentrated portfolio of the most liquid securities in each sector.

The suite includes funds such as Global X Equal Weight Canadian Telecommunications Index ETF (TSX: RING) and Global X Equal Weight Canadian Insurance Index ETF (TSX: SAFE), both of which have a management fee of 0.25%.

A unique perspective: Canada Etfs

Credit: youtube.com, Introducing: NEW Best of Canada ETF Suite!

The Premium Yield ETF Suite, on the other hand, offers higher monthly income through active options management overlay. This suite now includes strategies covering short, medium, and long-duration government bonds, combining Canadian and US Treasury securities.

Two new ETFs have joined the Premium Yield suite: Global X Mid-Term Government Bond Premium Yield ETF (TSX: PAYM) and Global X Long-Term Government Bond Premium Yield ETF (TSX: PAYL), both of which have a management fee of 0.45% and 0.50%, respectively.

The nine new ETFs launched by Global X include three funds that provide exposure to major Canadian sectors, such as telecommunications, groceries, and insurance. These funds are highly concentrated, with portfolios of less than 10 constituents.

Here are the details of the three sector-focused funds:

The management fees for these sector-focused funds are all 0.25%.

Premium Yield ETFs

Global X Investments Canada Inc. offers a range of ETFs designed to provide investors with higher monthly income. Canadians seek fixed income investments offering both security and regular income, as noted by Chris McHaney, executive vice president, Investment Management and Strategy.

Credit: youtube.com, Global X Investments Canada Opens the Market Wednesday, November 20, 2024

The Premium Yield ETF Suite includes strategies covering short, medium, and long-duration government bonds, combining Canadian and US Treasury securities. This helps investors pursue their goals across different durations.

Two new ETFs have joined the Premium Yield suite, providing higher monthly income through active options management overlay. The suite now includes strategies covering various durations.

Here is a summary of the Premium Yield ETFs:

Quarterly distributions for the Premium Yield ETFs are made through RSSX.U.

Equity ETFs

Global X Investments Canada Inc. offers a range of equity ETFs that provide exposure to various sectors and indices. Their Best of Canada ETF Suite focuses on sector leaders with fewer than ten constituents per fund, ensuring a concentrated approach to investing in Canadian industries.

The suite includes ETFs that track the Mirae Asset Equal Weight Canadian Telecommunications Index, Canadian Groceries & Staples Index, and Canadian Insurance Index, among others. Each of these ETFs has a management fee of 0.25 percent.

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Here are some key equity ETFs offered by Global X:

Equity ETF Additions

Global X has been expanding its ETF offerings, giving investors more options to consider. The company has introduced several new ETFs, including exposure to the Russell 2000 small-cap segment of the US equity market through the Global X Russell 2000 Index ETF (RSSX.U).

Investors can choose from two different approaches: the Global X Russell 2000 Index ETF (RSSX.U) or the Global X Russell 2000 Covered Call ETF (RSCC), which takes an income-focused, covered call approach.

Global X has also launched the Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY), providing exposure to Canadian oil and gas companies. The Global X Gold Producers Index ETF (GLDX) gives investors access to North American-listed gold producers.

These new ETFs offer investors more choices in the equity ETF space, allowing them to diversify their portfolios and potentially reduce risk.

Expand your knowledge: Global X Covered Call Etf

Equity ETFs: Essentials, Thematics, and Sectors

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Equity ETFs can be a great way to diversify your portfolio, and there are many options to choose from.

Global X offers a range of equity ETFs that track various indices, including the Russell 2000 RIC Capped Index. This index is tracked by the Global X Russell 2000 Index ETF (RSSX/RSSX.U), which has a management fee of 0.25 percent.

These ETFs are listed on the Cboe Canada exchange, making them easily accessible to Canadian investors. If you're looking for a covered call strategy, the Global X Russell 2000 Covered Call ETF (RSCC) might be a good option, with a management fee of 0.65 percent.

The Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY) is another option, tracking the Mirae Asset Equal Weight Canadian Oil & Gas Index with a management fee of 0.40 percent. This ETF is listed on the TSX exchange.

Here's a quick summary of some of the equity ETFs mentioned:

Launches and Distributions

Credit: youtube.com, Wednesday, August 21, 2024 Global X Investments Canada Opens the Market

Global X Investments Canada Inc. has been busy launching new ETFs. They recently introduced nine new funds, including three that provide exposure to major Canadian sectors.

These three funds, part of the "Best of Canada" ETF suite, focus on Canadian telecommunications, groceries and staples, and insurance. Each has a management fee of 0.25% and a highly concentrated portfolio with less than 10 constituents.

The "Best of Canada" suite also includes the $930-million Global X Equal Weight Canadian Banks Index ETF, which focuses on the Big Six banks.

Two of the new funds are part of the firm's premium yield suite, offering a target duration of five to 10 years and 10+ years, respectively. These funds have management fees of 0.45% and 0.50%, and provide exposure to U.S. Treasury fixed-income securities with an active options management overlay.

Here are the new funds in the premium yield suite:

  • Global X Mid-Term Government Bond Premium Yield ETF (TSX: PAYM)
  • Global X Long-Term Government Bond Premium Yield ETF (TSX: PAYL)

The firm also launched two new sector equity-focused funds, including one that provides exposure to the Mirae Asset Equal Weight Canadian Oil & Gas Index.

Launches Nine ETFs with Canadian Sector Exposure

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Global X Investments Canada Inc. recently launched nine new ETFs, including three that provide exposure to major Canadian sectors. These funds are part of the firm's "Best of Canada" ETF suite.

The three sector-focused ETFs have a management fee of 0.25% and are highly concentrated, with portfolios of less than 10 constituents. They provide exposure to the Mirae Asset Equal Weight Canadian Telecommunications Index, Canadian Groceries & Staples Index, and Canadian Insurance Index.

One of the new funds, the $930-million Global X Equal Weight Canadian Banks Index ETF (TSX: HBNK), focuses on the Big Six banks and also belongs to the "Best of Canada" ETF suite. It has a management fee of 0.25%.

The firm's premium yield suite includes two new funds, the Global X Mid-Term Government Bond Premium Yield ETF (TSX: PAYM) and the Global X Long-Term Government Bond Premium Yield ETF (TSX: PAYL). They have management fees of 0.45% and 0.50% respectively, and provide exposure to U.S. Treasury fixed-income securities with an active options management overlay.

Credit: youtube.com, Purpose Launches META & AMD Yield Shares ETFs: YMET & YAMD | Enhanced Monthly Income

Global X also launched two new ETFs that provide exposure to the Russell 2000 Index. The Global X Russell 2000 Index ETF (Cboe: RSSX/RSSX.U) has a management fee of 0.25%, while the Global X Russell 2000 Covered Call ETF (Cboe: RSCC) has a management fee of 0.65%.

Lastly, the firm's two new sector equity-focused funds are the Global X Equal Weight Canadian Oil & Gas Index ETF (TSX: NRGY) and the Global X Gold Producers Index ETF (TSX: GLDX). They have a management fee of 0.40% each and provide exposure to the Mirae Asset Equal Weight Canadian Oil & Gas Index and the Mirae Asset North American Listed Gold Producers Index respectively.

Here is a list of the three sector-focused ETFs:

  • Global X Equal Weight Canadian Telecommunications Index ETF (TSX: RING)
  • Global X Equal Weight Canadian Groceries & Staples Index ETF (TSX: MART)
  • Global X Equal Weight Canadian Insurance Index ETF (TSX: SAFE)

These funds are highly concentrated, with portfolios of less than 10 constituents, ensuring focus on the most liquid securities in each sector.

Table: Initial Distributions

The Initial Distributions of these ETFs are quite interesting. The ETFs in question are RSCC, PAYM, and PAYL.

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RSCC has an anticipated initial monthly distribution of $0.21 per unit. This translates to an anticipated initial annualized distribution of $2.52 per unit.

PAYM and PAYL also have monthly distributions, but at a lower rate. PAYM's anticipated initial monthly distribution is $0.13 per unit, while PAYL's is $0.15 per unit. This results in anticipated initial annualized distributions of $1.56 per unit for PAYM and $1.74 per unit for PAYL.

Here's a summary of the initial distributions for these ETFs:

HMLSF - Performance

The HMLSF strategy aims to provide long-term capital growth by investing in a diversified portfolio of high-quality, undervalued stocks.

This strategy seeks to identify undervalued companies with strong financials, competitive advantages, and growth potential.

The HMLSF strategy has been in place since 2007, with a track record of delivering consistent returns.

Since its inception, the strategy has consistently outperformed its benchmark, the S&P/TSX Composite Index.

The strategy's focus on undervalued stocks has allowed it to capture gains in falling markets, making it a valuable addition to a diversified portfolio.

A unique perspective: Growth Investing Meaning

Frequently Asked Questions

Who owns Global X funds?

Global X funds are owned by Mirae Asset Global Investments, a global investment management company, following its acquisition in 2018. Mirae Asset Global Investments oversees the management and distribution of Global X's investment products.

What was the former name of Global X?

Global X was formerly known as Horizons ETFs. The company was previously named BetaPro Management Inc., a subsidiary of Jovian Capital Corp.

Anne Wiegand

Writer

Anne Wiegand is a seasoned writer with a passion for sharing insightful commentary on the world of finance. With a keen eye for detail and a knack for breaking down complex topics, Anne has established herself as a trusted voice in the industry. Her articles on "Gold Chart" and "Mining Stocks" have been well-received by readers and industry professionals alike, offering a unique perspective on market trends and investment opportunities.

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