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ORIGINAL: Global X Launches PowerStock ETF Suite to Give Canadians 33% More Exposure to Their Highest Conviction Stocks

2026-10-14 08:00 ET - News Release

Global X Launches PowerStock ETF Suite to Give Canadians 33% More Exposure to Their Highest Conviction Stocks

Canada NewsWire

Six ETFs target 1.33x stock exposure with no personal margin account required

TORONTO, Oct. 14, 2026 /CNW/ -- Global X Investments Canada Inc. ("Global X" or the "Manager") is pleased to announce the launch of PowerStock ETFs (the "PowerStock ETFs"), a new suite of lightly-leveraged single-stock ETFs that offer Canadians the ability to increase their investment exposure to individual companies they believe in for the long term, without the need for margin. Units of the ETFs begin trading today on the Toronto Stock Exchange ("TSX").

Global X's initial PowerStock lineup offers enhanced exposure to six companies that have captured investors' attention around the world: Alphabet, Amazon, Apple, NVIDIA, SpaceX and Tesla.

Each of the PowerStock ETFs seeks to provide long-term capital appreciation by targeting 33% additional exposure to its underlying stock – approximately $133 of stock exposure for every $100 invested. The ETFs trade in Canadian dollars and hedge foreign currency exposure back to the Canadian dollar. This enhanced exposure magnifies movements in the underlying stock in both directions, meaning investors may experience larger gains or losses than they would from holding the stock directly.

"Canadians with strong conviction in a company's long-term potential deserve more choice in how they invest," said Rohit Mehta, President and CEO of Global X. "Our PowerStock ETFs offer Canadians a straightforward way to add 33% more exposure through a single ETF purchase, without opening or managing a margin account. They also bring that exposure to registered accounts, including TFSAs and RRSPs, where investors cannot access margin."

The PowerStock ETFs

ETF Name

Underlying Company

Ticker

Management Fee*

Global X Alphabet PowerStock ETF

Alphabet Inc.

GOOP

0.15 %

Global X Amazon PowerStock ETF

Amazon.com, Inc.

AMZP

0.15 %

Global X Apple PowerStock ETF

Apple Inc.

AAPP

0.15 %

Global X NVIDIA PowerStock ETF

NVIDIA Corporation

NVDP

0.15 %

Global X SpaceX PowerStock ETF

Space Exploration Technologies Corp.

SPCP

0.15 %

Global X Tesla PowerStock ETF

Tesla, Inc.

TSLP

0.15 %

*Plus applicable sales tax.

Built for growth with measured leverage

PowerStock ETFs keep capital appreciation at the centre of their strategy. They do not write covered calls, preserving participation in the underlying stock's upside without the limitation that a covered-call overlay can potentially impose, particularly for companies with long-term growth potential.

In addition, unlike some leveraged ETFs that target two or three times a stock's daily return, PowerStock ETFs use a more modest level of leverage and do not reset leverage daily. This approach is designed to give investors enhanced exposure to a company's long-term growth potential, while magnifying both gains and losses.

"The amount of leverage matters, as does how it is managed," said Chris McHaney, Executive Vice President, Head of Investment Management & Strategy at Global X. "With PowerStock ETFs, we're targeting a measured increase in stock exposure for investors with a strong view of a company's long-term prospects. Greater upside exposure also means greater downside exposure. Investors need to be comfortable with larger swings in value and the possibility of larger losses than they would experience owning the stock directly."

PowerStock ETFs build on Global X's experience using light leverage to provide enhanced market exposure. The firm's existing suite of index-based Enhanced ETFs spans 20 products and holds approximately $1.3 billion in assets under management. With PowerStocks, Global X is extending that approach to individual companies, giving investors another way to pursue long-term capital appreciation.

Each PowerStock ETF is concentrated in a single company and does not provide diversification. Borrowing costs, fees, market conditions and changes in leverage affect returns. Investors should consider these ETFs within the context of their overall portfolio and monitor their holdings regularly.

For more information about PowerStock ETFs, visit www.GlobalX.ca/powerstock-etfs and read the prospectus of the PowerStock ETFs at [https://www.globalx.ca/wp-content/uploads/2026/10/Global-X-PowerStock-Prospectus-EN.pdf] or at https://www.sedarplus.ca.

The ETFs closed their initial offering of units to their designated broker and will begin trading today on the TSX. For more information, please visit www.GlobalX.ca.

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.

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.

Certain ETFs are alternative investment funds ("Alternative ETFs") within the meaning of the National Instrument 81-102 Investment Funds ("NI 81-102") and are permitted to use strategies generally prohibited by conventional mutual funds, such as the ability to invest more than 10% of their net asset value in securities of a single issuer, the ability to borrow cash, to short sell beyond the limits prescribed for conventional mutual funds and to employ leverage of up to 300% of net asset value. While these strategies will only be used in accordance with the investment objectives and strategies of the Alternative ETFs, during certain market conditions they may accelerate the risk that an investment in ETF Shares of such Alternative ETF decreases in value. The Alternative ETFs will comply with all requirements of NI 81-102, as such requirements may be modified by exemptive relief obtained on behalf of the ETF.

The ETFs are open-end mutual funds established under the laws of Ontario. Each of the ETFs is an "alternative mutual fund" within the meaning of NI 81-102, and accordingly, is permitted to use strategies generally prohibited by conventional mutual funds, such as, the ability to invest more than 10% of the ETF's net asset value in securities of a single issuer, the ability to borrow cash, to employ leverage, and to make substantial investments in other alternative mutual funds. While these strategies will only be used in accordance with the applicable investment objectives and strategies of the ETFs, during certain market conditions they may accelerate the risk that an investment in Units of such ETFs decreases in value.

Each ETF is concentrated and is non-diversified, meaning it is only exposed to a single Specified Public Issuer (as defined in the ETF's prospectus) compared to a typical exchange-traded fund, which has a diversified portfolio. As a result, the ETFs' assets are more susceptible to the impact of any specific company event or any single economic, technological, or regulatory event compared to a diversified portfolio.

Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.

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. 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.

Cision View original content: http://www.newswire.ca/en/releases/archive/October2026/14/c4682.html

Contact:

For investor inquiries: Please contact Global X at 1-866-641-5739 (toll-free) or (416) 933-5745, info@GlobalX.ca; For media inquiries: Contact Jonathan McGuire, Vice President, Communications, Global X Investments Canada Inc., (647) 289-3324, jmcguire@GlobalX.ca

© 2026 Canjex Publishing Ltd. All rights reserved.