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Global X Sets C$0.04 Monthly Distribution for HBAL ETF

Global X Sets C$0.04 Monthly Distribution for HBAL ETF

Photo: TokenPost

Global X Investments Canada Inc. set a C$0.04-per-security monthly distribution for the Global X Balanced Asset Allocation ETF (HBAL), matching the fund’s previous monthly amount. The company announced the distribution Friday, Oct. 23. The Toronto Stock Exchange-listed fund set Oct. 30 as both its ex-distribution date and record date. Payment is expected on or about Nov. 6. Holders enrolled in the ETF’s dividend reinvestment plan may receive additional securities instead of cash. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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