Global X Investments Canada Inc. marked the launch of six PowerStock ETFs on the Toronto Stock Exchange: GOOP (Alphabet), AMZP (Amazon), AAPP (Apple), NVDP (NVIDIA), SPCP (SpaceX) and TSLP (Tesla). The lightly leveraged single-stock ETFs aim to give Canadians about 33% additional exposure to each underlying stock without margin, roughly $133 of stock exposure for every $100 invested. The funds trade in Canadian dollars and hedge foreign currency back to the Canadian dollar. Global X, a subsidiary of Mirae Asset Financial Group, manages over $58 billion in assets and more than 160 ETFs listed in Canada.
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- Sensex closes 1 , 534 points higher , Nifty gains 1 . 66 % as global sell - off in AI heavy markets improves India relative appeal
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