Global X Investments Canada Inc. has confirmed the details regarding the annual non-cash distributions for the 2026 tax year. This announcement follows earlier estimates shared on November 27, 2026, and updated on December 22, 2026. For investors holding units in the affected exchange-traded funds, understanding these distributions is crucial for tax implications and overall portfolio management.
The official record date for these distributions is December 31, 2026, with the nominal payment date scheduled for January 8, 2026. However, it is important to note that unlike cash distributions, no physical payments will be made. Instead, these distributions will be automatically reinvested, affecting the adjusted cost base for unitholders.
Understanding the nature of non-cash distributions
The annual non-cash distributions are designed to ensure that exchange-traded funds comply with regulatory requirements regarding the distribution of net income and capital gains. Each ETF must allocate any earnings to its unitholders. The distributions for this year are expected primarily to consist of capital gains unless specified otherwise in the provided footnotes.
Details of the non-cash distributions
In the table below, several ETF tickers are listed along with their respective confirmed annual non-cash distribution amounts. For instance, the Global X Artificial Intelligence & Technology Index ETF (ticker: AIGO) has confirmed a distribution of $0.38297 per unit.
| Ticker Symbol | ETF Name | Annual Non-Cash Distribution per Unit |
|---|---|---|
| AIGO | Global X Artificial Intelligence & Technology Index ETF | $0.38297 |
| BCCC | Global X Bitcoin Covered Call ETF | $0.51762 |
| BNKL | Global X Enhanced Equal Weight Banks Index ETF | $1.40632 |
| EAFL | Global X Enhanced MSCI EAFE Index ETF | $18.72062 |
| HAC | Global X Seasonal Rotation ETF | $0.49947 |
| HBGD | Global X Big Data & Hardware Index ETF | $6.46534 |
It is also important to highlight that the distributions for the Global X Bitcoin Covered Call ETF (BCCC) will be declared in Canadian dollars, including its U.S.-traded counterpart, BCCC.U. The equivalent U.S. dollar amount for the BCCC.U is approximately $0.37789 per unit. Similar conversions apply to other ETFs as well.
Impact on unitholders and tax considerations
For unitholders, these non-cash distributions will not result in immediate cash benefits. Instead, the distributions will be reinvested into additional units of the respective ETFs. This reinvestment process is crucial, as it ensures that the number of units held remains constant while increasing the overall adjusted cost basis for tax purposes.
Key takeaways and future expectations
Investors should note that distributions from these ETFs will fluctuate over time. As a result, it is essential for unitholders to stay informed about upcoming adjustments. For more detailed information regarding these distributions, interested parties can visit www.GlobalX.ca, which will provide continuous updates and resources.
Global X Investments Canada Inc. is recognized as a leader in the financial services sector, offering a diverse range of ETFs tailored for various investment strategies. With over $48 billion in assets under management and a portfolio of 155 ETFs listed on major Canadian exchanges, Global X continues to innovate and adapt to market demands.