The Ontario Securities Commission granted Global X Investments Canada Inc. an extension of 37 days for the lapse date of the prospectus for certain exchange-traded mutual funds (ETFs) managed by the company. This extension, moving the lapse date to August 4, 2024, allows the consolidation of the June 2023 prospectus with another prospectus expiring on the same date, reducing costs and streamlining disclosure. The decision was based on the absence of material changes in the funds’ affairs and the ongoing availability of current information. The extension was granted under subsection 62(5) of the Securities Act, R.S.O. 1990, c. S.5.
