Global X Canada Launches Low-Cost ETF Tracking Broad Canadian Stock Market

Global X Canada has launched the S&P/TSX Capped Composite Index ETF (CNDC), providing broad exposure to the Canadian equity market. The ETF tracks the S&P/TSX Capped Composite Index and is positioned as a low-cost core holding alongside the firm’s more specialized thematic, sector and income strategies. CNDC trades in Canadian dollars on the TSX and carries a management fee of just 0.05%, making it the lowest-fee product among Global X’s seven new ETF launches.