Global X Investments Canada Inc., a key player in the financial services sector, has confirmed its annual non-cash distributions for the 2026 tax year. This announcement is particularly relevant for unitholders of certain exchange-traded funds (ETFs) managed by the company. The updates follow initial projections made in late November and further adjustments in December, reflecting the changing financial landscape for investors.
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Key details regarding non-cash distributions
The company has announced that the record date for these non-cash distributions is December 31, 2026.
Although the nominal payment date is January 8, 2026, it is important to note that no physical cash payments will be issued. Instead, these distributions will be reinvested, which will affect the adjusted cost base for each unitholder’s respective ETF.
Implications for investors
In early 2026, CDS Clearing and Depository Services Inc. will report detailed tax characteristics of distributions from that year to brokers. This information will be subsequently posted on the Global X website, providing clarity for investors regarding their tax obligations related to these non-cash distributions.
Unitholders should recognize that the nature of these distributions will primarily consist of capital gains, unless specified otherwise in the accompanying footnotes of the release. The automatic reinvestment of these distributions is intended to maintain the number of units held by each unitholder, the total units outstanding of the ETFs, and the net asset value of the funds.
Breakdown of the ETF non-cash distributions
This article provides a summary of the confirmed annual non-cash distribution amounts for various exchange-traded funds (ETFs) managed by Global X.
| 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 |
| BCCL | Global X Enhanced Bitcoin Covered Call ETF | $1.17676 |
| BNKL | Global X Enhanced Equal Weight Banks Index ETF | $1.40632 |
| COPP | Global X Copper Producers Index ETF | $2.36756 |
| EAFL | Global X Enhanced MSCI EAFE Index ETF | $18.72062 |
| EMML | Global X Enhanced MSCI Emerging Markets Index ETF | $10.99621 |
| ETHI | Global X Global Sustainability Leaders Index ETF | $2.44297 |
| HAZ | Global X Active Global Dividend ETF | $1.16080 |
Each exchange-traded fund (ETF) is required to distribute its net income and capital gains annually. For the upcoming year, the aforementioned non-cash distributions will not be provided in cash but will instead be reinvested into additional ETF units. This approach ensures that the overall investment remains intact.
Understanding distribution impacts
Potential investors should recognize that the distributions can vary over time. This variability depends on several factors, including market conditions and the performance of the underlying assets. For further insights and comprehensive updates regarding these distributions, investors are encouraged to visit Global X’s official website.
Global X Investments Canada Inc. has established itself as a prominent player in the financial services sector, managing over $48 billion in assets through 155 exchange-traded funds (ETFs) listed on major Canadian stock exchanges. As a wholly-owned subsidiary of the Mirae Asset Financial Group, which manages more than $1 trillion in assets worldwide, Global X offers a diverse array of investment solutions designed to cater to the varied needs of investors.