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Global X Funds Floats New Canada ETF
Global X Funds is planning to launch a new Venture 30 Canada exchange-traded fund.
Global X Funds is planning to launch a new Venture 30 Canada exchange-traded fund (ETF), TheGlobe and Mail reports. The Global X S&P/TSX Venture 30 Canada ETF will be launched on the TSX Venture Exchange on March 17, 2011.
The Global X portfolio will track the new S&P/TSX Venture 30 Index. The fund will charge a management fee of 0.75% per year. Global X Funds, which was launched in 2009, now has about $1.5 billion in assets.
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