Global X SpaceX PowerStock ETFTSX: SPCP

Global X Investments Canada Inc. Closes the Market

· Issued by Global X SpaceX PowerStock ETF via Newsfile

Summary by 6ix AI

Rohit Mehta, President and CEO of Global X Investments Canada Inc., a Canadian provider of exchange traded funds (ETFs), joined Graham MacKenzie, Managing Director, Exchange Traded Products at the Toronto Stock Exchange (TSX), to close the market and celebrate the launch of six Global X PowerStock ETFs.

Key details

  • The six funds are Global X Alphabet PowerStock ETF (TSX: GOOP), Global X Amazon PowerStock ETF (TSX: AMZP), Global X Apple PowerStock ETF (TSX: AAPP), Global X NVIDIA PowerStock ETF (TSX: NVDP), Global X SpaceX PowerStock ETF (TSX: SPCP) and Global X Tesla PowerStock ETF (TSX: TSLP).
  • Global X describes the PowerStock ETFs as lightly-leveraged single-stock ETFs, meaning each uses some borrowed exposure to track more than the amount invested in one company, designed to give Canadians enhanced exposure without the need for margin (borrowing from a broker).
  • Each fund seeks long-term capital appreciation by targeting 33% additional exposure to its underlying stock, approximately $133 of stock exposure for every $100 invested.
  • The ETFs trade in Canadian dollars and hedge foreign currency exposure back to the Canadian dollar.

6ix AI wrote this summary from the release below and checked it against the release.

Toronto, Ontario--(Newsfile Corp. - October 14, 2026) - Rohit Mehta, President and Chief Executive Officer, Global X Investments Canada Inc. ("Global X") joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange ("TSX"), to close the market and celebrate the launch of their six PowerStock ETFs:

  • Global X Alphabet PowerStock ETF (TSX: GOOP)
  • Global X Amazon PowerStock ETF (TSX: AMZP)
  • Global X Apple PowerStock ETF (TSX: AAPP)
  • Global X NVIDIA PowerStock ETF (TSX: NVDP)
  • Global X SpaceX PowerStock ETF (TSX: SPCP)
  • Global X Tesla PowerStock ETF (TSX: TSLP)



Cannot view this video? Visit:
https://www.youtube.com/watch?v=fESaicqlomg

The PowerStock ETFs is a new suite of lightly-leveraged single-stock ETFs designed to give Canadians enhanced exposure to individual companies without the need for margin. The initial lineup offers enhanced exposure to Alphabet, Amazon, Apple, NVIDIA, SpaceX and Tesla.

Each of the PowerStock ETFs seek to provide long-term capital appreciation by targeting 33% additional exposure to its underlying stock - approximately $133 of stock exposure for every $100 invested. The ETFs trade in Canadian dollars and hedge foreign currency exposure back to the Canadian dollar.

Global X Investments Canada Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X Fund family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Global X has over $58 billion of assets under management and more than 160 ETFs listed on major Canadian stock exchanges. Global X is a wholly-owned subsidiary of the Mirae Asset Financial Group, which manages more than $1 trillion of assets across 21 countries and global markets around the world.

MEDIA CONTACT:
Jonathan McGuire
Vice President, Communications
Global X Investments Canada Inc.
(647) 289-3324
Jmcguire@GlobalX.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319088

View original source (Newsfile)Global X SpaceX PowerStock ETF on 6ix

Earlier from Global X SpaceX PowerStock ETF

All Global X SpaceX PowerStock ETF news releases