ETF provider Horizons changes name to Global X Investments as it seeks to expand market share [Globe and Mail, The (Toronto, Canada)]
Global X SuperDividend REIT ETF (SRET)
US:NASDAQ Investor Relations:
globalxfunds.com/funds/sret
Company Research
Source: Globe and Mail, The
Horizons chief executive Rohit Mehta says the move to Global X – which has an existing footprint in Europe, Asia, South America, Australia and the United States – will accelerate Horizons ETF's market share in Canada into double digits. It currently manages $30.5-billion in assets, or 7.5-per-cent market share of the industry in Canada, according to a recent report by National Bank Financial. That is up from the $20-billion in assets – or 6.2-per-cent market share – it had at the end of 2021. “When you take a look at the broader movement in the ETF ecosystem, people want to deal with fewer companies but have deeper relationships. And part of that deeper relationship is making sure you have the bench strength and expertise – which we have in Canada,” Mr. Mehta said in an interview ahead of the rebrand announcement on Wednesday. “But people didn't know we had global strength because they did not connect that we were a part of the Mirae boilerplate.” Mr. Mehta, who joined the comp
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SRET
Sec Filings
- 4/22/24 - Form POS
- 4/17/24 - Form 497
- 4/17/24 - Form 8-A12B
- SRET's page on the SEC website