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Global X S&P 500 Index Corporate Class ETF (HXS)
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Global X S&P/TSX 60 Index Corporate Class ETF (HXT)
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Global X S&P/TSX Capped Composite Index Corporate Class ETF (HXCN)
Q: Hello,
Horizons used to have a series of funds, designed for non-reg accounts, that reflected any income as capital gains, as they lowered the cost base with each recognition of 'income.' I believe they changed their name to Global X, but I was hoping you might be able to offer a couple funds for some growth potential. Canadian funds would be preferred, but if U.S. denominated are better, I would appreciate knowing those as well.
Horizons used to have a series of funds, designed for non-reg accounts, that reflected any income as capital gains, as they lowered the cost base with each recognition of 'income.' I believe they changed their name to Global X, but I was hoping you might be able to offer a couple funds for some growth potential. Canadian funds would be preferred, but if U.S. denominated are better, I would appreciate knowing those as well.
5i Research Answer:
Despite the name/ownership change, the funds are the same. HXS can be suggested for S&P 500 exposure. HXT for Canadian equities. HXS is a Canadian $ fund but also trades in US dollars under HXS.U. HXCN is a 'capped' Canadian composite ETF with individual equity exposure capped (which is different than the TSX).