Company Overview

Global X S&P/TSX 60 Index Corporate Class ETF (OTC: HRZSF) is an exchange-traded fund focused on providing investors with exposure to the performance of the S&P/TSX 60 Index, a benchmark composed of large-cap Canadian equities. The fund operates within the asset management and exchange-traded fund industry and is managed by Global X Investments Canada Inc., formerly associated with the Horizons ETF brand prior to the rebranding of the Canadian ETF business. Its primary objective is to replicate, before fees and expenses, the performance of the underlying Canadian equity index through a passively managed investment strategy.

The ETF’s principal revenue driver is management fee income earned by the fund manager based on assets under management. The fund primarily serves retail investors, financial advisors, wealth management platforms, and institutional investors seeking diversified exposure to leading Canadian companies across sectors such as financial services, energy, industrials, telecommunications, and materials. Its positioning is tied to low-cost index investing, tax-efficient corporate class structures historically used within the Canadian fund market, and broad exposure to blue-chip Canadian equities. The product evolved as part of the broader expansion of index-based ETFs in Canada and the subsequent transition of the Horizons ETF business under the Global X brand umbrella.

Business Operations

The ETF operates as part of the broader Global X Investments Canada Inc. ETF platform, which manages a diversified suite of index, thematic, covered call, commodity, and leveraged investment products. The fund’s operations are centered on portfolio management, index replication, fund administration, compliance oversight, and capital markets activities related to ETF liquidity and trading. Revenue is generated primarily through management fees and related administrative fees tied to fund assets.

The ETF maintains exposure to Canadian large-cap equities through holdings designed to mirror the S&P/TSX 60 Index composition. Operations are predominantly Canadian, though the fund is accessible through brokerage platforms and over-the-counter markets internationally. Key operational relationships include custodians, designated brokers, market makers, and index providers such as S&P Dow Jones Indices. The ETF is part of the larger Global X investment ecosystem, which includes partnerships across institutional trading, financial advisory distribution, and exchange infrastructure.

Strategic Position & Investments

The strategic direction of the ETF aligns with the broader expansion of passive investing and index-based portfolio construction in Canada. Global X Investments Canada Inc. has emphasized growth through product diversification, thematic investing capabilities, and broader ETF accessibility for both retail and institutional investors. The firm has continued integrating the legacy Horizons ETF lineup into the Global X global asset management framework following branding and ownership transitions involving Mirae Asset Financial Group.

The ETF itself is focused on maintaining efficient exposure to Canadian large-cap equities while benefiting from the broader scale and distribution capabilities of the Global X platform. Strategic investments by the parent organization have included expansion into thematic ETFs, income-oriented strategies, and digital investment tools. The broader organization also participates in sectors tied to emerging investment trends including artificial intelligence, clean energy, robotics, cybersecurity, and income-enhancement strategies through affiliated ETF products.

Geographic Footprint

The ETF is headquartered and primarily operated in Canada, with management activities centered in Toronto, Ontario. Its core market exposure is the Canadian equity market, specifically large-cap publicly traded corporations listed primarily on the Toronto Stock Exchange (TSX). Through OTC market access and international brokerage connectivity, the ETF is also available to certain investors outside Canada.

The broader Global X and Mirae Asset ecosystem maintains investment and operational presence across North America, Asia, Europe, and other international financial markets. While the ETF’s underlying holdings are concentrated in Canada, the fund benefits from global capital flows into Canadian equities and international investor participation in Canadian ETF markets.

Leadership & Governance

The ETF is managed by Global X Investments Canada Inc., which operates under the governance structure of Canadian securities regulations and investment fund oversight requirements. Strategic leadership has focused on expanding ETF adoption, increasing product innovation, and strengthening distribution channels within Canada’s competitive ETF industry. The organization emphasizes low-cost investing, liquidity efficiency, and broad market accessibility.

Key executives associated with the organization include:

• Rohit Mehta – President and Chief Executive Officer
• Mark Noble – Executive Vice President, ETF Strategy
• Jae Chong – Chief Executive Officer, Mirae Asset Global Investments (Canada)
• Thomas Park – Chief Financial Officer
• Nick Piquard – Senior Vice President, Head of Sales and Distribution

Leadership strategy has generally emphasized ETF market expansion, innovation in index-based investing, and integration with the global investment capabilities of Mirae Asset Financial Group.