Certain ETFs are alternative investment funds (“Alternative ETFs”) within the meaning of the National Instrument 81-102 Investment Funds (“NI 81-102”) and are permitted to use strategies generally prohibited by conventional mutual funds, such as the ability to invest more than 10% of their net asset value in securities of a single issuer, the ability to borrow cash, to short sell beyond the limits prescribed for conventional mutual funds and to employ leverage of up to 300% of net asset value. While these strategies will only be used in accordance with the investment objectives and strategies of the Alternative ETFs, during certain market conditions they may accelerate the risk that an investment in ETF Shares of such Alternative ETF decreases in value. The Alternative ETFs will comply with all requirements of NI 81-102, as such requirements may be modified by exemptive relief obtained on behalf of the ETF.
Effective June 24, 2022, the investment objectives of the Global X S&P/TSX 60 Covered Call ETF (“CNCC”) (formerly Horizons Canadian Large Cap Equity Covered Call ETF), the Global X Canadian Oil and Gas Equity Covered Call ETF (“ENCC”) (formerly Horizons Canadian Oil and Gas Equity Covered Call ETF), the Global X Equal Weight Canadian Bank Covered Call ETF (“BKCC”) (formerly Horizons Equal Weight Canadian Bank Covered Call ETF), the Global X S&P 500 Covered Call ETF (“USCC.U, USCC”) (formerly Horizons US Large Cap Equity Covered Call ETF), the Global X NASDAQ-100 Covered Call ETF (“QQCC”) (formerly Horizons NASDAQ-100 Covered Call ETF), and the Global X Gold Producer Equity Covered Call ETF (“GLCC”) (formerly Horizons Gold Producer Equity Covered Call ETF), were changed following receipt of the required unitholder and regulatory approvals. For more information, please refer to the disclosure documents of the ETFs at www.GlobalX.ca.
Standard & Poor’s®” and “S&P®” are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and have been licensed for use by Global X Investments Canada Inc. (“Global X”). The Global X ETFs are not sponsored, endorsed, sold or promoted by S&P, and S&P makes no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in the Global X ETFs.
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.
