Mirae Asset Global Investments announced on May 2 that its Canadian exchange-traded fund (ETF) subsidiary “Global X Canada” will commence operations under a new name following its rebranding.
Starting from this day, ETFs that previously used the “Horizons” brand have been uniformly renamed to “Global X.” However, their operational strategies and other aspects remain unchanged.
With its new launch, Global X Canada plans to list 17 new Global X ETFs on the Canadian stock exchange in May. As of the end of April, the total assets under management for Global X Canada stood at approximately 31.9 billion Canadian dollars (US$23.3 billion), positioning it as the fourth largest ETF manager in Canada.
Mirae Asset Global Investments has been pursuing the consolidation of…
