TORONTO, Sept. 16,
2024 /CNW/ - Global X Investments Canada Inc.
("Global X") and National Bank Direct Brokerage
("NBDB") are pleased to announce today's launch of the 13th
edition of the Biggest Winner trading competition (the "Biggest
Winner"), a simulated exchange traded fund ("ETF")
investment contest of Canadian-listed ETFs.
The Biggest Winner allows eligible Canadian investors to learn
about trading in a simulated risk-free environment while competing
for real cash prizes. Participants open a simulated online
brokerage account that starts with a balance of $100,000 virtual Canadian dollars (no actual
money will be traded). They can then use these fantasy funds to
virtually trade any ETF listed on the Toronto Stock Exchange
("TSX") and Cboe Canada. Entry and participation in the
contest are free, with no purchase necessary.
"This is a milestone year for the Biggest Winner as we've
expanded the competition to include all ETFs listed in Canada! Plus, with more than $24,000 in cash and gift cards available to be
won, there's never been a better time to test your skills and
become our next Biggest Winner," said Rohit Mehta, President & CEO of Global X.
"With the continued support of National Bank Direct Brokerage
and the Toronto Stock Exchange, we are excited to kick off this
year's competition and offer Canadians the opportunity to learn,
trade, and grow their confidence with ETF investing."
The Biggest Winner starts today and runs for six weeks, ending
at 4 p.m. (Eastern) on October 25, 2024. The prizes include a
first-place prize of $10,000 awarded
to the contestant with the highest six-week cumulative return,
while the runner-up will receive $5,000. In addition, six weekly prizes of
$1,000 will be awarded to the
contestants with the best single-week return.
The Biggest Winner will also host a random weekly draw
accessible to competition participants who executed three or more
trades in the previous week. Each week, one lucky trader will be
eligible to win a $100 Amazon gift
card.
"We are proud to have supported the 'The Biggest Winner'
contest for several years," said Claude-Frédéric Robert,
President at National Bank Direct Brokerage. "As exchange
traded funds grow in popularity, this contest provides investors
with a valuable opportunity to test strategies and discover
innovative approaches to investing."
Through its previous 12 editions, Biggest Winner competitions
have hosted approximately 25,000 participants and awarded
approximately $175,000 in cash
prizes.
"Toronto Stock Exchange is pleased to support Global X's
Biggest Winner Trading Competition, which helps to promote adoption
and education of ETFs in Canada," said Graham Mackenzie, Managing Director, Exchange
Traded Products, Toronto Stock Exchange. "As proud supporters of
the Canadian ETF ecosystem, we are always looking at ways to
partner with our clients, and this simulation provides investors
with a fun and educational environment in which to learn about this
unique investment vehicle."
For the second year in a row, Global X is proud to highlight The
Biggest Winner's "Featured Traders." Participants in the Biggest
Winner 13 will be able to follow the progress of ten featured
traders via a leaderboard within the competition platform. The
Featured Trader roster includes:
- Michael Pallone, Biggest Winner
12 grand prize winner, Montreal, QC
- James Lindhe, Biggest Winner 11
grand prize winner, Orleans,
ON
- Maxwell Nicholson, Co-Founder
and CEO, Blossom
Social, (Instagram), Vancouver, BC
- Joyee Yang, Financial Creator
(TikTok, Instagram, YouTube), Toronto, ON
- Shay Huang, Financial Creator
(Instagram, YouTube, TikTok, X, Facebook), Vancouver,
BC
- Zac Hartley, Financial Creator
(Website, YouTube, X, Instagram, Tiktok), Calgary,
AB
- Tony Dong, ETF Writer and
Analyst, (Website, LinkedIn), Vancouver, BC
- Michelle Robertson, Financial
Creator
(Instagram, Facebook, LinkedIn), Toronto, ON
- Adriano Starinieri, Financial
Creator
(Instagram, Facebook, YouTube), Montreal, QC
- Jessica Morgan, Financial
Creator (Website, Instagram, LinkedIn), Toronto,
ON
For more information on The Biggest Winner 13 Featured Traders,
visit: https://learn.stocktrak.com/horizon/featured-traders/.
To register for the Biggest Winner, for full contest rules, and
to access ETF educational materials, please visit
www.TheBiggestWinner.ca.
About National Bank Direct
Brokerage (www.NBDB.ca)
National Bank Direct Brokerage (NBDB) is a division of National
Bank Financial Inc. (NBF), as well as a trademark owned by National
Bank of Canada (NBC) that is used
under licence by NBF. NBF is a member of the Canadian Investment
Regulatory Organization, the Canadian Investor Protection Fund, and
is a subsidiary of NBC, a public company listed on the Toronto
Stock Exchange (TSX: NA). NBDB provides order execution only
services and makes no investment recommendations.
About National Bank of Canada
With $454 billion in assets as at July 31, 2024,
National Bank of Canada is one of Canada's six systemically important banks. The
Bank has approximately 30,000 employees in knowledge-intensive
positions and operates through three business segments in
Canada: Personal and Commercial
Banking, Wealth Management and Financial Markets. A fourth segment,
U.S. Specialty Finance and International, complements the growth of
its domestic operations. Its securities are listed on the Toronto
Stock Exchange (TSX: NA). Follow the Bank's activities at
nbc.ca or via social media.
About Global X Investments Canada Inc.
(www.GlobalX.ca)
Global X Investments Canada Inc. is an innovative financial
services company and offers one of the largest suites of exchange
traded funds in Canada. The Global
X Fund family includes a broadly diversified range of solutions for
investors of all experience levels to meet their investment
objectives in a variety of market conditions. Global X has more
than $35 billion of assets under
management and 125 ETFs listed on major Canadian stock exchanges.
Global X is a wholly owned subsidiary of the Mirae Asset Financial
Group, which manages more than $800
billion of assets across 19 countries and global markets
around the world.
Commissions, management fees, and expenses all may be associated
with an investment in products (the "Global X Funds") managed by
Global X Investments Canada Inc. The Global X Funds are not
guaranteed, their values change frequently and past performance may
not be repeated. Certain Global X Funds may have exposure to
leveraged investment techniques that magnify gains and losses which
may result in greater volatility in value and could be subject to
aggressive investment risk and price volatility risk. Such risks
are described in the prospectus. The Global X Money Market Funds
are not covered by the Canada Deposit Insurance Corporation, the
Federal Deposit Insurance Corporation, or any other government
deposit insurer. There can be no assurances that the money market
fund will be able to maintain its net asset value per security at a
constant amount or that the full amount of your investment in the
Funds will be returned to you. Past performance may not be
repeated. The prospectus contains important detailed information
about the Global X Funds. Please read the relevant prospectus
before investing.
This communication is intended for informational purposes only
and does not constitute an offer to sell or the solicitation of an
offer to purchase exchange traded products managed by Global X
Investments Canada Inc. and is not, and should not be construed as,
investment, tax, legal or accounting advice, and should not be
relied upon in that regard. Individuals should seek the advice of
professionals, as appropriate, regarding any particular investment.
Investors should consult their professional advisors prior to
implementing any changes to their investment strategies. These
investments may not be suitable to the circumstances of an
investor.
Global X Investments Canada Inc. ("Global X") is a wholly owned
subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae
Asset"), the Korea-based asset management entity of Mirae Asset
Financial Group. Global X is a corporation existing under the
laws of Canada and is the manager
and investment manager of the Global X Funds.
© 2024 Global X Investments Canada Inc. All Rights
Reserved.
SOURCE Global X Investments Canada Inc.
