Global X Carbon Credits ETF

TSX:CARBCanada

The ETF seeks to replicate, to the extent possible and net of expenses, the performance of an index that seeks to provide exposure to investments in cap-and-trade carbon allowances. Currently, the ETF seeks to replicate the performance of the Horizons Carbon Credits Rolling Futures Index (Excess Return), net of expenses. The Underlying Index is a proprietary index provided by the Manager and is designed to reflect the returns generated over time through exposure to long notional investments in European carbon credit futures contracts (the “Carbon Credit Futures”) that are based on the most liquid cap-and-trade carbon allowances. In order to achieve its investment objective, the ETF may invest all or a portion of its portfolio in interest bearing accounts, T-Bills and/or other financial instruments.