TMX Group Limited Completes Acquisition of RAFI Indices from Research Affiliates

Rhea-AI Summary

TMX Group (OTC:TMXXF) announced the completion of its acquisition of RAFI Indices, LLC from Research Affiliates Global Holdings on August 18, 2026. The deal follows an initial announcement made in June 2026.

According to TMX Group, integrating RAFI Indices will substantially broaden the equity portfolio coverage of TMX VettaFi, its index-provider subsidiary focused on modern distribution solutions. RAFI Indices, originally founded by Research Affiliates, constructs, publishes, and licenses indices based on an academically rigorous understanding of the fundamental factors behind capital market returns. The company offers more than 90 indices that serve a wide range of investment needs globally. TMX positions this transaction as a way to deepen its index capabilities and expand its footprint in the global index and investment solutions market.

Positive

• Acquisition of RAFI Indices completed on August 18, 2026
• Equity index coverage expanded for TMX VettaFi through RAFI’s factor-based indices
• More than 90 RAFI indices added to TMX VettaFi’s index lineup

Negative

• None.

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Toronto, Ontario--(Newsfile Corp. - August 18, 2026) - TMX Group Limited (TMX Group) today announced it has completed the acquisition of RAFI Indices, LLC (RAFI Indices) from Research Affiliates Global Holdings, LLC (Research Affiliates), a global index provider and investment advisor. The transaction was announced in June 2026.

The acquisition will significantly expand equity portfolio coverage of TMX VettaFi, a differentiated index provider with modern distribution solutions, and TMX Group subsidiary.

RAFI Indices is an index company founded by Research Affiliates. It specializes in constructing, publishing, and licensing indices that reflect a deep, academically rigorous understanding of the fundamental factors driving capital market returns. The company is renowned for its innovative approach, offering over 90 indices that cater to a diverse range of investment needs worldwide.

For more information about TMX VettaFi, please visit www.vettafi.com.

About TMX Group (TSX: X)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.

For more information please contact:

Catherine Kee
Head of Media Relations
TMX Group
416-671-1704
catherine.kee@tmx.com

Amanda Tang
Director of Investor Relations
TMX Group
416-895-5848
amanda.tang@tmx.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310057

FAQ

What did TMX Group (TMXXF) acquire from Research Affiliates in August 2026?

TMX Group acquired RAFI Indices, LLC from Research Affiliates Global Holdings. According to TMX Group, RAFI Indices is an index company that designs, publishes, and licenses more than 90 indices focused on fundamental drivers of capital market returns worldwide.

When did TMX Group (TMXXF) complete the acquisition of RAFI Indices?

TMX Group completed the acquisition of RAFI Indices on August 18, 2026. According to TMX Group, this followed the initial transaction announcement in June 2026 and marks the formal closing and integration step for expanding its index capabilities.

How does the RAFI Indices acquisition affect TMX VettaFi’s index offerings?

The acquisition will significantly expand TMX VettaFi’s equity portfolio coverage. According to TMX Group, adding RAFI Indices’ more than 90 fundamentally constructed indices enhances TMX VettaFi’s ability to serve diverse investment needs with a broader and more specialized index range.

What type of indices does RAFI Indices contribute to TMX Group (TMXXF)?

RAFI Indices contributes indices built on fundamental factors driving capital market returns. According to TMX Group, these indices are constructed using academically rigorous research and are published and licensed globally, serving a wide spectrum of investment strategies and mandates.

Why is the RAFI Indices acquisition important for TMX Group shareholders (TMXXF)?

The acquisition expands TMX Group’s presence in the global index business through TMX VettaFi. According to TMX Group, integrating RAFI Indices’ more than 90 specialized indices broadens product breadth, potentially strengthening its competitive positioning in index-based investment solutions.

Who previously owned RAFI Indices before the TMX Group (TMXXF) acquisition?

RAFI Indices was previously owned by Research Affiliates Global Holdings, LLC. According to TMX Group, RAFI Indices was founded by Research Affiliates and operated as an index company focusing on constructing, publishing, and licensing indices grounded in fundamental factor research.