Mr. Jonathan McGuire reports

GLOBAL X ANNOUNCES CHANGE TO RISK RATING FOR HAZ

Global X Investments Canada Inc. has undergone a change to the risk rating applicable to the Global X Active Global Dividend ETF (formerly, Horizons Active Global Dividend ETF). The change in risk rating is effective immediately and is detailed in the attached table.

This change is 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 (exchange-traded fund) as measured by the 10-year standard deviation of the returns of the ETF.

No changes have been made to the investment objectives or strategies of the ETF as a result of the change to the risk rating. A summary of the risk rating classification methodology, investment objectives and strategies of the ETF can be found in the ETF's most recently filed prospectus.

About Global X Investments Canada Inc.

Global X Investments Canada 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.