TORONTO, May 1, 2024 /CNW/ - Global X Investments Canada Inc. ("Global X" or the "Company") is pleased to announce that it has completed its rebrand (the "Rebrand") from Horizons ETFs, which was previously announced by press release on March 6, 2024. The Company's new website is now available and accessible at www.GlobalX.ca.

To celebrate the completion of the Rebrand, Global X, its employees and industry partners participated in the opening of the Toronto Stock Exchange this morning.

"As one of Canada's earliest and currently largest ETF providers, we've built a reputation over two decades for product innovation and local expertise," said Mr. Mehta. "Now, as Global X, we're advancing that reputation by harnessing global strength and bringing an international bench of investment experts, technologies and products to the Canadian marketplace."

Global X is one of the world's largest ETF platforms, with an international footprint spanning Europe, Asia, South America, Australia, the United States and now, Canada. The Company and the Global X brand are owned by South Korea's Mirae Asset Global Investments, one of the world's largest asset managers and part of Mirae Asset Financial Group, which manages more than $710 billion in assets across 19 countries and markets.

"We're thrilled to unveil our transition to Global X and mark our spot, where innovation meets investing in Canada," said Stephanie Wolfe, Executive Vice-President, Marketing of Global X. "Today, we begin the process of building the future of investing by empowering Canadian financial advisors and investors with global choice, insight and opportunity."

Effective today, all of the Company's Horizons-branded exchange traded funds (the "Continuing ETFs") now reflect the Global X brand. The investment objectives, strategies and ticker symbols of the ETFs, as outlined in their respective prospectuses, remain the same. The Company's BetaPro ETF family, Canada's only suite of leveraged, inverse and inverse leveraged ETFs, are not affected by the Rebrand.

The full list of Continuing ETFs and their new names can be found in a press release published on April 18, 2024 with further details available on the Company's new website.

"While we have a new name, our commitment remains the same: to deliver innovative, in-demand and tailored investment solutions for Canadians," said Mr. Mehta.

The completion of the Rebrand precedes a slate of 17 new ETFs (the "New ETFs") that are scheduled for launch throughout May 2024. The New ETFs are comprised of four key suites:

• Equity Essentials: ETFs focused on providing essential Canadian, U.S. and global equity index exposure in partnership with the world's leading index providers.
• Thematic/Sector: ETFs focused on providing exposure to nascent, innovative and difficult-to-access themes and sectors.
• Covered Calls & Options-Based: ETFs that offer equity and fixed income exposures and seek to generate additional income through actively-managed covered call and options programs.
• Enhanced Index & Enhanced Covered Call: ETFs that offer 1.25x times leverage on underlying ETFs to potentially amplify returns and covered call writing to enhance income.

Additional details about the New ETFs can be found in the Final Prospectus published on Sedar+ and in the table below:

"As Global X, we're thrilled to announce the first wave of our new investment solutions, including partnerships with MSCI, Nasdaq and S&P – the world's leading index providers, first-of-their-kind enhanced and options-based overlays, as well as innovative A.I. and technology exposure," said Mr. Mehta. "We're confident these new ETFs will offer Canadians the potential, for a better way to invest for the future."

Investors with questions regarding the Rebrand and the changes to the Continuing ETFs described in this press release are encouraged to contact the Company at info@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 $30 billion of assets under management and 108 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.

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. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

The Global X Funds are not sponsored, endorsed, sold, or promoted by S&P, TSX, Nasdaq, MSCI, MX Group, or Morningstar and their affiliated companies and none of these parties make any representation, warranty, or condition regarding the advisability of buying, selling or holding units shares in the Global X Funds. All trademarks/service marks are registered by their respective owners. None of the owners thereof or any of their affiliates sponsor, endorse, sell, promote or make any representation regarding the advisability of investing in the Global X Funds. Complete trademark and service-mark information are available at http://www.GlobalX.ca/legal/Trademarks.

"Standard & Poor's®" and "S&P®" are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and "TSX®" is a registered trademark of the TSX Inc. ("TSX"). These marks have been licensed for use by Global X Investments Canada Inc. The ETF is not sponsored, endorsed, sold, or promoted by the S&P, TSX, or their affiliated companies and none of these parties make any representation, warranty, or condition regarding the advisability of buying, selling or holding units/shares of the ETF.

Nasdaq®, Nasdaq-100®, and Nasdaq-100® Index are trademarks of The Nasdaq Stock Market, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Global X Investments Canada Inc. The Product(s)have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based.  The Prospectus contains a more detailed description of the limited relationship MSCI has with Global X Investments Canada Inc. ("Global X") and any related funds.

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.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group.  Global X is a corporation existing under the laws of Canada and is the manager and investment manager of the Global X Funds.

© 2024 Global X Investments Canada Inc. All Rights Reserved.

SOURCE Global X Investments Canada Inc.