HXT.TO
Global X S&P/TSX 60 Index Corporate Class ETF
Diversified ETF · Fund / ETF · Canada · ETF
Score Pending — Limited Data
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Categories Without Displayable Evidence
Fund Overview
HXT is a Canadian large-cap equity fund managed by Global X Investments Canada that seeks to deliver the total return of the S&P/TSX 60 Index using a total-return swap arrangement with one or more counterparties, rather than by directly purchasing the index's underlying stocks.
Index Strategy
Instead of holding the S&P/TSX 60's constituent stocks directly, HXT enters into a total-return swap under which a counterparty agrees to pay the fund the total return of the S&P/TSX 60 Index; this corporate-class, swap-based structure is designed to be more tax-efficient by minimizing regular cash distributions relative to a fund that holds the underlying stocks directly.
Geographic Exposure
Economic exposure is to large-capitalization companies within the S&P/TSX 60 Index (a Canadian benchmark) delivered via a derivative arrangement rather than direct security holdings.
Principal Risks
As a fund that seeks to deliver its target index's total return through a derivative (total-return swap) arrangement with one or more counterparties rather than by directly holding the index's underlying securities, HXT.TO carries swap-counterparty risk (the risk that a counterparty fails to perform its obligations under the swap) in addition to the general equity-market risk of its target index.
Source Documents
- Global X S&P/TSX 60 Index Corporate Class ETF — official fund product page — Global X Investments Canada (2026-07-29)
This report is for educational and research purposes only. It does not constitute financial, investment, legal, or tax advice — always conduct your own due diligence before making investment decisions.