# Global X Sets C$0.135 October Distribution for Canadian Bank ETF

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/39916
Published: 2026-10-24T11:40:05.000Z
Updated: 2026-10-24T11:40:05.000Z
Section: Investing

> The amount matches the fund’s July, August and September distributions; payment is scheduled on or about Nov. 6.

Global X Investments Canada Inc. set a C$0.135-per-unit cash distribution for October for its Global X Enhanced Equal Weight Banks Index ETF (BNKL), keeping the monthly amount unchanged for a fourth consecutive month.

The fund trades on the Toronto Stock Exchange. Oct. 30 is the combined ex-date and record date, and payment is scheduled on or about Nov. 6, 2026.

BNKL aims to deliver 125% of the performance of an equal-weighted index of diversified Canadian banks, currently the Solactive Equal Weight Canada Banks Index. The fund uses leverage to pursue that objective, which can magnify gains and losses relative to the index.