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Global X
An enhanced Canadian equity fund with modest borrowed exposure (about 1.25x). Fee 0.35% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
1.25x leveraged exposure to S&P/TSX 60 Index. The fund uses a modest amount of borrowed money to increase its exposure, which amplified both gains and losses and added borrowing costs. It tracks the S&P/TSX 60 Index.
Top holding: Royal Bank of Canada 9.4% (broad) · Top sector: Financials 40.3% (sector-tilted) · Top region: Canada 99.4% (single-country)
Financials 40.3%·Energy 17.7%·Materials 13.6%·Technology 8.7%·Industrials 7.7%·Other 4.6%·Other (locked) 7.2%
Canada 99.4%·United States 0.6%
Look-through via underlying funds.
The management fee was 0.35% a year, or about $35 for every $10,000 held. Daily-reset leverage adds borrowing and derivative costs that are reflected in the fund's returns rather than in this fee. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
Mostly return of capital
The full distribution tax character, plus what you keep after tax in a TFSA, RRSP, or non-registered account, is on the Real Yield report card.
See the full tax breakdown →For information only, not tax advice. Tax treatment depends on your account type and personal circumstances; consult a qualified tax professional.
How durable the fund is, and what moved its price.
| Assets | $9M· net assets |
| Listed | 2023· 3 years of history |
| Leverage / overlay | Modest leverage (borrowing) |
What moved the price
| Ticker | CANL.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-unhedged |
| Asset class | Equity |
| Structure | Leveraged |
| Theme | Broad Market |
| Geography | Canada |
| Index tracked | S&P/TSX 60 Index |
| Provider | Global X |
| Mgmt fee | 0.35% |
Compare CANL.TO→Backtest it→Rate your portfolio→Real Yield report card→
Prices as of last close · tax character year 2025.
What Premium adds