TORONTO, Aug. 18, 2025 /CNW/ - Global X Investments Canada Inc. ("Global X") today announced changes to the risk ratings applicable to six of its ETFs.
The changes in risk ratings are effective immediately and are detailed in the table below:
ETF |
Ticker |
Previous Risk Rating |
New Risk Rating |
Global X Nasdaq-100 Covered Call ETF |
QQCC |
Medium to High |
Medium |
Global X Equal Weight Canadian Insurance Index ETF |
SAFE |
Medium to High |
Medium |
Global X Enhanced S&P 500 Covered Call ETF |
USCL |
Medium |
Medium to High |
Global X Enhanced S&P/TSX 60 Index ETF |
CANL |
Medium |
Medium to High |
Global X Enhanced S&P 500 Index ETF |
USSL |
Medium |
Medium to High |
Global X Russell 2000 Index ETF |
RSSX.U |
Medium to High |
High |
These changes are the result of an annual review conducted in accordance with a standardized investment risk classification methodology, set out in National Instrument 81-102 Investment Funds, that is based on the historical volatility of the ETF as measured by the 10-year standard deviation of the returns of the ETF. If an ETF has less than 10 years of performance history, the investment risk level of the ETF is calculated using the return history of the ETF and, for the remainder of the 10-year period, the return history of a reference index that is expected to reasonably approximate the standard deviation of the ETF.
No changes have been made to the investment objectives or strategies of these ETFs as a result of the changes to the risk ratings. A summary of the risk rating classification methodology, investment objectives and strategies of an ETF can be found in the ETF's most recently filed prospectus.
About Global X Investments Canada Inc. (www.GlobalX.ca)
Global X Investments Canada Inc. ("Global X") 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 over $40 billion of assets under management as at July 31, 2025, and 147 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
[email protected]
For media inquiries:
Contact Jonathan McGuire
Vice President, Communications
Global X Investments Canada Inc.
(647) 289-3324
[email protected]
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.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange traded products managed by Global X Investments Canada Inc. (the "Global X Funds") 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.
The Global X ETFs are not sponsored, endorsed, sold, or promoted by S&P, TSX, NASDAQ 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 ETFs. 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 ETFs. 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 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 Global X Russell 2000 Index ETF ("RSSX.U"), the Global X Russell 2000 Covered Call ETF ("RSCC") and the Global X Enhanced Russell 2000 Covered Call ETF ("RSCL") (in this disclaimer, the "Russell 2000 Funds") have been developed solely by Global X Investments Canada Inc. The Russell 2000 Funds are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the RUSSELL 2000 RIC CAPPED INDEX (in this disclaimer, the "Index") vest in the relevant LSE Group company, which owns the Index. Russell® is a trademark of the relevant LSE Group company and is/are used by any other LSE Group company under license. The Index is calculated by Frank Russell Company, an affiliate of FTSE International Limited. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Russell 2000 Funds. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Russell 2000 Funds or the suitability of the Index for the purpose to which it is being put by Global X Investments Canada Inc.
© 2025 Global X Investments Canada Inc. All Rights Reserved.
SOURCE Global X Investments Canada Inc.

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