Global X Active Canadian Municipal Fund

The Global X Active Canadian Municipal Fund is an investment vehicle that aims to provide investors with exposure to Canadian municipal bonds. This actively managed fund focuses on generating income through investments in municipal debt securities, which are typically issued by provincial and local governments across Canada. These bonds often finance public projects such as infrastructure, education, and healthcare, playing a crucial role in supporting community development. The fund's portfolio is diversified across multiple municipal bond issuers, thereby aiming to mitigate credit risk while offering potential tax-advantaged income streams. The fund is designed to attract investors seeking stability and regular income, particularly those interested in the Canadian fixed-income market. Its management strategy emphasizes active selection of bonds, adjusting for credit quality and market conditions, thus being significant in offering timely responses to economic shifts within the municipal bond sector.