GLOBAL X ANNOUNCES MAY 2024 DISTRIBUTIONS FOR ITS SUITE OF ETFs

TORONTO, May 24, 2024 /CNW/ - Global X Investments Canada Inc. ("Global X") is pleased to announce the distribution amounts per security (the "Distributions") for its exchange traded funds (the "ETFs"), for the period ending May 31, 2024, as indicated in the tables below.

The ex-dividend date for the following Distributions is anticipated to be May 31, 2024. 

ETF Name	Ticker Symbol	Distribution per Security	Frequency
Global X Active Corporate Bond ETF	HAB	$0.03100	Monthly
Global X Active Canadian Bond ETF	HAD	$0.02350	Monthly
Global X Active Global Fixed Income ETF	HAF	$0.03600	Monthly
Global X Active Hybrid Bond and Preferred Share ETF	HYBR	$0.03250	Monthly
Global X Active Ultra-Short Term Investment Grade Bond ETF	HFR	$0.04100	Monthly
Global X Active Canadian Municipal Bond ETF	HMP	$0.02200	Monthly
Global X Active Preferred Share ETF	HPR	$0.03200	Monthly
Global X Canadian Utility Services High Dividend Index ETF	UTIL	$0.08150	Monthly
Global X Conservative Asset Allocation ETF	HCON	$0.03000	Monthly
Global X Balanced Asset Allocation ETF	HBAL	$0.03000	Monthly
Global X Growth Asset Allocation ETF	HGRW	$0.04000	Monthly
Global X All-Equity Asset Allocation ETF	HEQT	$0.02500	Monthly
Global X Equal Weight Canadian Banks Index ETF	HBNK	$0.09000	Monthly
Global X Equal Weight Canadian Bank Covered Call ETF	BKCC	$0.15000	Monthly
Global X Canadian Oil and Gas Equity Covered Call ETF	ENCC	$0.13000	Monthly
Global X S&P 500 Index Covered Call ETF(1)	USCC.U	$0.12000	Monthly
	USCC	$0.12000	Monthly
Global X Nasdaq-100 Covered Call ETF	QQCC	$0.10750	Monthly
Global X S&P/TSX 60 Index Covered Call ETF	CNCC	$0.10000	Monthly
Global X Gold Yield ETF	HGY	$0.05000	Monthly
Global X Gold Producer Equity Covered Call ETF	GLCC	$0.22000	Monthly
Global X Enhanced Equal Weight Banks Index ETF	BNKL	$0.09500	Monthly
Global X Enhanced Equal Weight Canadian Banks Covered Call ETF	BKCL	$0.24500	Monthly
Global X Enhanced S&P/TSX 60 Index ETF	CANL	$0.07000	Monthly
Global X Enhanced S&P/TSX 60 Index Covered Call ETF	CNCL	$0.20000	Monthly
Global X Enhanced S&P 500 Index Covered Call ETF	USCL	$0.23000	Monthly
Global X Enhanced Nasdaq-100 Covered Call ETF	QQCL	$0.25000	Monthly
Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF	ENCL	$0.29000	Monthly
Global X Enhanced All-Equity Asset Allocation Covered Call ETF	EQCL	$0.21000	Monthly
Global X Enhanced All-Equity Asset Allocation ETF	HEQL	$0.04000	Monthly
Global X Growth Asset Allocation Covered Call ETF	GRCC	$0.15000	Monthly
Global X Short-Term U.S. Treasury Premium Yield ETF(2)	SPAY.U	$0.12500	Monthly
	SPAY	$0.12500	Monthly
Global X Mid-Term U.S. Treasury Premium Yield ETF(2)	MPAY.U	$0.15000	Monthly
	MPAY	$0.15000	Monthly
Global X Long-Term U.S. Treasury Premium Yield ETF(2)	LPAY.U	$0.17500	Monthly
	LPAY	$0.17500	Monthly
Global X High Interest Savings ETF	CASH	$0.20000	Monthly
Global X 0-3 Month T-Bill ETF	CBIL	$0.20500	Monthly
Global X 0-3 Month U.S. T-Bill ETF(3)	UBIL.U	$0.21500	Monthly
Global X USD High Interest Savings ETF(4)	UCSH.U	$0.22000	Monthly

The record date for all ETFs will be May 31, 2024. The Distributions for securities of each ETF will be paid in cash or, if the securityholder has enrolled in the respective ETF's dividend reinvestment plan, reinvested in additional securities of the applicable ETF, on or about June 7, 2024.

(1)	Distributions for the Global X S&P 500 Index Covered Call ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker USCC. The approximate Canadian dollar equivalent distribution rate for USCC is $0.16484 per security. For securityholders who hold the Canadian dollar-traded USCC, the securityholder's account holder will typically convert distribution payments to Canadian dollars.
(2)	Distributions Global X Short-Term U.S. Treasury Premium Yield ETF, Global X Mid-Term U.S. Treasury Premium Yield ETF and Global X Long-Term U.S. Treasury Premium Yield ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker SPAY, MPAY and LPAY. The approximate Canadian dollar equivalent distribution rate for SPAY is $0.17171 per security, for MPAY is $0.20605 per security and for LPAY is $0.24039 per security. For securityholders who hold the Canadian dollar-traded ticker, SPAY, MPAY and LPAY, the securityholder's account holder will typically convert distribution payments to Canadian dollars.
(3)	Distributions for the Global X 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars.
(4)	Distributions for Global X USD High Interest Savings ETF are declared and paid in U.S. dollars.

Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, 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 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 122 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.

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.

The payment of distributions, if any, is not guaranteed and may fluctuate at any time. The payment of distributions should not be confused with an Exchange Traded Fund's ("ETF") performance, rate of return, or yield. If distributions paid by the ETF are greater than the performance of the ETF, distributions paid may include a return of capital and an investor's original investment will decrease.  A return of capital is not taxable to the investor, but will generally reduce the adjusted cost base of the securities held for tax purposes. Distributions are paid as a result of capital gains realized by an ETF, and income and dividends earned by an ETF are taxable to the investor in the year they are paid. The investor's adjusted cost base will be reduced by the amount of any returns of capital. If the investor's adjusted cost base goes below zero, investors will realize capital gains equal to the amount below zero. Future distribution dates may be amended at any time. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. The characterization of distributions, if any, for tax purposes, (such as dividends/other income/capital gains, etc.) will not be known for certain until after the ETF's tax year-end. Therefore, investors will be informed of the tax characterization after year-end and not with each distribution if any. For tax purposes, these amounts will be reported annually by brokers on official tax statements.  Please refer to the applicable ETF distribution policy in the prospectus for more information.

The Global X ETFs are not sponsored, endorsed, sold, or promoted by S&P, TSX, NASDAQ MX Group, or Morningstar and their affiliated companies and none of these parties make any representation, warranty, or condition regarding the advisability of buying, selling or holding units shares in the Global X ETFs. All trademarks/service marks are registered by their respective owners. None of the owners thereof or any of their affiliates sponsor, endorse, sell, promote or make any representation regarding the advisability of investing in the Global X ETFs. Complete trademark and service-mark information are available at https://www.globalx.ca/disclaimers. 

Standard & Poor's®" and "S&P®" are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and have been licensed for use by Global X Investments Canada Inc. ("Global X") The Global X ETFs are not sponsored, endorsed, sold or promoted by S&P, and S&P makes no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in the Global X ETFs.

Nasdaq®, Nasdaq-100®, and Nasdaq-100 Index® are trademarks of The Nasdaq Stock Market, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Global X Investments Canada Inc. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

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.

© 2024 Global X Investments Canada Inc. All Rights Reserved.

SOURCE Global X Investments Canada Inc.

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