Mr. Jonathan McGuire reports
GLOBAL X ANNOUNCES CHANGES TO RISK RATINGS FOR CERTAIN ETFs
Global X Investments Canada Inc. has made changes to the risk ratings applicable to nine of its ETFs (exchange-traded funds).
The changes in risk ratings are effective immediately and are detailed in the attached table.
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.
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 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 more than $55-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.
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