Global X Investments Canada Inc. set a monthly payout for its Global X 0-3 Month T-Bill ETF (CBIL) at C$0.088 per security, 8.3% below the prior amount.
The earlier distribution was C$0.096, a C$0.008 difference. CBIL is expected to go ex-dividend on Oct. 29, which is also the anticipated record date; payment is expected on or about Nov. 6.
CBIL.U has U.S.-dollar-denominated units, but its announced distribution is C$0.088 and will be paid in Canadian dollars. The fund invests in Canadian government Treasury bills with typical maturities of under three months.
