Horizons ETFs Management (Canada) Inc. (the “Manager”) is pleased to announce that effective May 1, 2024, the Horizons-branded exchange traded funds set out in the table below (the “ETFs”) will be updated (the “Updates”) to reflect the Manager’s rebranding as Global X Investments Canada Inc. (“Global X”), which will also take effect May 1, 2024, and which was previously announced on March 6, 2024.
The investment objectives, strategies and ticker symbols of the ETFs, as outlined in their respective prospectuses, remain the same.
“We’re excited to reintroduce our ETF suite under the Global X brand while continuing to deliver access to in-demand, tailored investment solutions for Canadians,” said Rohit Mehta, President and CEO of Horizons ETFs.
In addition, the ETFs will also receive new Committee on Uniform Securities Identification Procedures numbers (“CUSIP”), which are expected to be effective on or about May 1, 2024.
The BetaPro ETF family, Canada’s only suite of leveraged, inverse and inverse leveraged ETFs, are not affected by the Updates and will retain their existing names, tickers and CUSIPs.
Effective on or about May 1, 2024, the ticker for the Global X Pipelines & Energy Services Index ETF will be changed from HOG to PPLN.
“As we get ready to expand our product shelf as Global X and embrace new opportunities for investment innovation, Canadians can rest assured that our long-standing offerings will continue to be accessible and deliver effective exposure under their existing tickers.”
It is anticipated that the Updates will be reflected on the Toronto Stock Exchange on or about May 1, 2024.
Investors with questions regarding the Global X transition on May 1, 2024 and the Updates described in this press release are encouraged to contact the Manager at info@horizonsetfs.com.