Global X Canada Launches TMTX ETF Targeting Intermediate U.S. Treasuries

Global X Canada has launched the 3-10 Year U.S. Treasury Bond Index ETF (TMTX), expanding its fixed-income lineup with intermediate-maturity U.S. government debt. The ETF tracks the ICE U.S. Treasury 3-10 Year Bond Index, providing exposure to Treasuries with three to ten years remaining to maturity. Investors can choose Canadian-dollar unhedged units under TMTX, currency-hedged units under TMTX.F or U.S.-dollar units under TMTX.U. The fund carries a 0.15% management fee and provides another tool for managing portfolio duration and U.S. dollar exposure.