News: GlobalX TSX 60 ETF now at 0% MER

This just in!

GlobalX just announced that their Canadian Equity fund CNDX will rebate the management fee for the rest of the year. Up until now, I couldn’t recommend this ETF since prior to this news, its MER was a relatively stratospheric 0.13%1. But 0% is a MER I can live with!

They also have a bunch of their segment ETFs doing the same thing, but I don’t do segment bets. Just asset classes.

I don’t currently own any of this ETF.

  1. Compare Vanguard’s VCE or BlackRock XIC at 1/3 the price. Ok, not letter for letter the same thing, but c’mon… ↩︎


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