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GLOBAL X LAUNCHES ARTIFICIAL INTELLIGENCE ETF AND EXPANDS EQUITY ESSENTIALS & THEMATIC SUITES

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TORONTO, May 15, 2024 /CNW/ - Global X Investments Canada Inc. ("Global X") is pleased to announce the launch of seven new index ETFs (the "ETFs") that offer Canadians new products that access the world's largest indices and innovative sectors. Units of the ETFs begin trading today on the Toronto Stock Exchange ("TSX") and Cboe Canada, as applicable.

Global X logo (CNW Group/Global X Investments Canada Inc.)
Global X logo (CNW Group/Global X Investments Canada Inc.)

The launches are the first to follow the completion of the rebrand to Global X from Horizons ETFs, which was effective on May 1, 2024. The ETFs join two suites within Global X's broader fund family: Equity Essentials and Thematics.

Five of the seven ETFs launched today are Global X Equity Essentials funds – strategies that offer low-cost, benchmark exposure to indices managed by the world's leading index providers, including Nasdaq, S&P and MSCI.

"In any investment portfolio, exposure to the major equity indices is essential if you want to harness the broader growth of global economies, whether that's here in Canada, the United States or internationally," said Rohit Mehta, President and CEO of Global X. "We are thrilled to be able to partner with S&P, Nasdaq and MSCI – the world's leading index providers – to offer Canadians exposure to these core building blocks of investing."

Joining the Global X Thematics suite are two ETFs that offer leading artificial intelligence ("AI") and large-capitalization technology exposure, which have proven to be key global investment themes.

"Across the world, the Global X brand is synonymous with innovation, particularly when it comes to bringing cutting-edge thematic investment strategies to investors," said Mr. Mehta. "From the emerging companies leading the AI revolution to trusted international technology blue chips, we're excited to deliver these two new ways to access the opportunity in tech-focused investing."

Units of USSX.U, EAFX.U, EMMX.U and QQQX.U are available in both U.S. dollars and Canadian dollars. The U.S. dollar units of these ETFs trade with ".U" at the end of their respective tickers. The new Equity Essentials and Thematics ETFs are further described in the table below:

Name

Ticker

Index Exposure

Exchange

Management
Fee*

Equity Essentials

Global X S&P 500 Index
ETF

USSX.U/
USSX

S&P 500® Index

TSX

0.08 %

Global X S&P/TSX 60
Index ETF

CNDX

S&P/TSX 60TM Index

TSX

0.13 %

Global X Nasdaq-100
Index ETF

QQQX.U/
QQQX

Nasdaq-100® Index

TSX

0.25 %

Global X MSCI EAFE
Index ETF

EAFX.U/
EAFX

MSCI EAFE Index

Cboe Canada

0.20 %

Global X MSCI Emerging
Markets Index ETF

EMMX.U/
EMMX

MSCI Emerging Markets
Index

Cboe Canada

0.25 %

Thematics

Global X Artificial
Intelligence &
Technology Index ETF

AIGO

Indxx Artificial Intelligence
& Big Data Index

TSX

0.49 %

Global X Innovative
Bluechip Top 10 Index
ETF

TTTX

Mirae Asset Global
Innovative Bluechip Top 10
Index

TSX

0.49 %

*Plus applicable sales tax

The index providers for the ETFs shared their comments about the new launches: