TORONTO, Oct. 9, 2026 /CNW/ -- Global X Investments Canada Inc. ("Global X" or the "Manager") is announcing that effective today, it is permanently reducing the annual management fees for the Global X Active Ultra-Short Term Investment Grade Bond ETF ("HFR"), the Global X MSCI Emerging Markets Index ETF ("EMMX.U") and the Global X MSCI EAFE Index ETF ("EAFX.U").
Global X Active Ultra-Short Term Investment Grade Bond ETF (HFR)
The investment objective of HFR is to generate income that is consistent with prevailing Canadian short-term corporate bond yields while reducing the potential effects of Canadian interest rate fluctuations on HFR. HFR invests primarily in a portfolio of Canadian debt (including debt-like securities) directly, and hedges the portfolio's interest rate risk by maintaining a portfolio duration that is not more than one year. HFR may also invest directly in debt of U.S. companies, as well as indirectly through investments in securities of listed funds. HFR uses derivatives, including interest rate swaps, to deliver a floating rate of income.
Effective today, the annual Management Fee of HFR will be permanently reduced from 0.40% of the net asset value of the units of HFR, plus applicable sales tax, to 0.25% of the net asset value of the Units of HFR, plus applicable sales tax.
The Fee Reduction for HFR is further described in the table below:
ETF Name |
Ticker |
Exchange |
Previous |
New Management |
Global X Active Ultra-Short |
HFR |
TSX |
0.40 % |
0.25 % |
1Plus applicable sales taxes |
"HFR is one of our largest and most popular fixed income mandates, with a track record spanning over fifteen years and a proud history of industry recognition for risk-adjusted performance from LSEG Lipper and Fundata, alongside a 5-star Morningstar Rating," said Erik Sloane, Executive Vice President, Head of Distribution at Global X. "Advisors and investors are looking for attractive income while reducing interest rate risk. That's where HFR can play an important role, combining actively managed corporate bonds with a floating-rate approach to limit the impact of rate changes. With interest rates increasing and fixed income securities returning to favour, we're making these changes proactively to the investor's benefit."
The ETF is sub-advised by Fiera Capital Corporation ("Fiera" or the "Sub-Advisor"), one of Canada's largest fixed income managers. The Sub-Advisor uses fundamental credit research to select securities of issuers that are believed to offer attractive risk adjusted returns.
The investment objectives, strategies, and existing name for HFR, as outlined in its prospectus, remain the same.
Global X MSCI Emerging Markets Index ETF (EMMX.U)
EMMX.U seeks to replicate, to the extent reasonably possible and net of expenses, the performance of an index that is designed to measure the performance of the large- and mid-cap securities across emerging market countries (currently, the MSCI Emerging Markets Index).
Effective today, the annual management fee of EMMX.U will be permanently reduced from 0.25% of the net asset value of the units of EMMX.U, plus applicable sales tax, to 0.17% of the net asset value of the units of EMMX.U, plus applicable sales tax. The Fee Reduction is also applicable to the Canadian dollar-denominated units, traded under the ticker symbol EMMX.
The Fee Reduction for EMMX.U is further described in the table below:
ETF Name |
Ticker |
Traded |
Target |
Exchange |
Previous |
New Management |
Global X MSCI |
EMMX |
Canadian Dollar |
MSCI |
Cboe Canada
|
0.25 %
|
0.17 %
|
EMMX.U |
U.S. Dollar |
1 Plus applicable sales tax |
The investment objectives, strategies, and existing name for EMMX.U, as outlined in its prospectus, remain the same.
Global X MSCI EAFE Index ETF (EAFX.U)
EAFX.U seeks to replicate, to the extent reasonably possible and net of expenses, the performance of an index that is designed to measure the performance of large and mid-cap securities across developed markets including countries in Europe, Australasia and the Far East, excluding the U.S. and Canada (currently, the MSCI EAFE Index).
Effective today, the annual management fee of EAFX.U will be permanently reduced from 0.20% of the net asset value of the units of EAFX.U, plus applicable sales tax, to 0.14% of the net asset value of the units of EAFX.U, plus applicable sales tax. The Fee Reduction is also applicable to the Canadian dollar-denominated units, traded under the ticker symbol EAFX.
The Fee Reduction for EAFX.U is further described in the table below:
ETF Name |
Ticker |
Traded |
Target |
Exchange |
Previous |
New Management |
Global X |
EAFX |
Canadian Dollar |
MSCI |
Cboe Canada
|
0.20 %
|
0.14 %
|
EAFX.U |
U.S. Dollar |
1 Plus applicable sales tax |
"Investors are taking a fresh look at how developed and emerging markets fit into the core of their portfolios, and EMMX and EAFX put that world of opportunity within reach," said Erik Sloane. "These reductions build on the fee reductions we announced and implemented last year for two other benchmark ETFs, including our S&P/TSX 60 and the Nasdaq-100 ETFs. Now, we are further extending our commitment to products tracking the MSCI Emerging Markets and MSCI EAFE indices. We are working hard to place Global X at the heart of Canadian investment portfolios, and we're backing that ambition with lower costs on the core exposures that investors and advisors count on."
The investment objectives, strategies, and existing name for EAFX.U, as outlined in its prospectus, remain the same.
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 Fund 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 approximately $60 billion of assets under management and over 160 ETFs listed on major Canadian stock exchanges. Global X is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages more than $1 trillion of assets across 21 countries and global markets around the world.
About Fiera Capital Corporation (www.fieracapital.com)
Fiera Capital Corporation ("Fiera") is a leading independent asset management firm with a growing global presence. Fiera delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia and the Middle East. Fiera's depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to our mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera trades under the ticker FSZ on the Toronto Stock Exchange.
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 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. and any related funds.
LSEG Lipper Fund Awards, ©2026 LSEG. All rights reserved. Used under license.
Global X Active Ultra-Short Term Investment Grade Bond ETF was awarded the 2025 LSEG Lipper Fund Award in the Canadian Short Term Fixed Income category for 3-, 5-, and 10-year periods ending July 31, 2025 out of a classification total of 37 ETFs in the category (three years), 33 ETFs (five years), 16 ETFs (ten years). The ETF's performance for the period ended July 31, 2025 was 6.2% over three years, 3.8% over five years, 3.0% over ten years, and 2.9% since inception (December 13, 2010).
About the LSEG Lipper Awards Methodology
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, their accuracy is not guaranteed by LSEG Lipper.
Fundata FundGrade A+ Award
Global X Active Ultra-Short Term Investment Grade Bond ETF (HFR) was ranked in the Canadian Short Term Fixed Income category out of 82 funds. The end date for the FundGrade calculation is December 31, 2025.
About the FundGrade A+® Awards Methodology
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the "best of the best" among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from "A" to "E" receives a score from 4 to 0, respectively. A fund's average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.
HFR - Morningstar Ratings
Global X Active Ultra-Short Term Investment Grade Bond ETF (HFR) was rated against the following numbers of Canadian Short Term Fixed Income funds over the following time periods: 190 funds in the last three years, 165 funds in the last five years, and 125 funds in the last ten years. Past performance is no guarantee of future results.
Morningstar Ratings reflect performance as of August 31, 2026 and are subject to change monthly. The ratings are calculated from a fund's 3, 5, and 10-year returns measured against the 91-day Treasury bill and peer group returns. For each time period, the top 10% of the funds in a category get five stars. The Overall Rating is a weighted combination of the 3, 5, and 10-year ratings. For greater detail, see www.morningstar.ca.
2026 The Morningstar RatingTM is a registered trademark of Morningstar Research Inc. All rights reserved.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase investment products (the "Global X Funds") managed by Global X Investments Canada Inc. and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor.
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.
© 2026 Global X Investments Canada Inc. All Rights Reserved.
SOURCE Global X Investments Canada Inc.
For investor inquiries: Please contact Global X at 1-866-641-5739 (toll-free) or (416) 933-5745, [email protected]; For media inquiries: Contact Jonathan McGuire, Vice President, Communications, Global X Investments Canada Inc., (647) 289-3324, [email protected]
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