TORONTO, Jan. 10, 2025/ CNW/ – Worldwide X Investments Canada Inc. (the “ Supervisor“) revealed today that it will be ending 4 of its exchange traded funds (the “ ETFs“) efficient at the close of service on or about March 24, 2025 (the “ Termination Date“). Information of the ending ETFs are as follows:
ETF Call |
Ticker |
Worldwide X Carbon Credits ETF |
CARBOHYDRATE |
Worldwide X Deal With Adaptive Property Allotment Corporate Class ETF |
HRAA |
Worldwide X S&P Green Bond Index ETF |
HGGB |
Worldwide X Metaverse Index ETF |
MTAV |
Efficient March 14, 2025, other than in restricted scenarios, no more direct memberships for securities of the ETFs will be accepted. The ETFs are anticipated to be de-listed from the Toronto Stock Market, at the demand of the Supervisor, at the close of service on or about March 18, 2025, with all securities still held by financiers undergoing a compulsory redemption since the Termination Date.
Any staying securityholders of an ETF as at the Termination Date will get the net earnings from the liquidation of the properties, less all liabilities and all expenditures sustained in connection with the dissolution of the ETF, on a pro-rata basis.
About Worldwide X Investments Canada Inc. ( www.GlobalX.ca)
Worldwide X Investments Canada Inc. (” Worldwide X”) is an ingenious monetary services business and uses among the biggest suites of exchange traded funds in Canada The Worldwide X item household consists of a broadly varied variety of services for financiers of all experience levels to fulfill their financial investment goals in a range of market conditions. Worldwide X has more than $ 38 billion of properties under management and 134 ETFs noted on significant Canadian stock market. Worldwide X is an entirely owned subsidiary of the Mirae Property Financial Group, which handles more than $ 800 billion of properties throughout 19 nations and worldwide markets worldwide.
Commissions, management costs, and expenditures all might be related to a financial investment in items (the “Worldwide X Funds”) handled by Worldwide X Investments Canada Inc. The Worldwide X Funds are not ensured, their worths alter regularly and past efficiency might not be duplicated. Particular Worldwide X Funds might have direct exposure to leveraged financial investment methods that amplify gains and losses which might lead to higher volatility in worth and might be based on aggressive financial investment threat and rate volatility threat. Such threats are explained in the prospectus. Previous efficiency might not be duplicated. The prospectus consists of essential comprehensive info about the Worldwide X Funds. Please check out the appropriate prospectus before investing.
SOURCE Worldwide X Investments Canada Inc.
View initial material: http://www.newswire.ca/en/releases/archive/January2025/10/c5046.html
Market News and Data gave you by Benzinga APIs