Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF
Unlock the growth potential of Canadian oil and gas companies with ENCL which uses light leverage of 125% to enhance growth potential and yield.
ENCL provides access to a covered call strategy designed to potentially enhance portfolio income while reducing portfolio volatility.
Designed to provide a consistent monthly income along with potential long-term capital growth.
NAV
$20.15
$-0.4079
-1.98%
Volume Real-time volume on the Toronto Stock Exchange only
20,418
Price
$20.31
$0.16
0.79%
Last Close
$20.15
Prices delayed by 15 minutes.
Last Trade: May 2, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
High
Ticker
ENCL
CUSIP
37963B102
Inception Date
October 10, 2023
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$84,401,465
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
104,869
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
74,295
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.85% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
2.42% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.40% As at December 31, 2023
Currency
CAD
Currency Hedging
No
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
894500DOPSSIR6EMBW39
As at April 30, 2024
Most Recent Distributions per Unit
$0.29000
Annualized Distribution Yield
16.93%
Distribution Frequency
Monthly
Record Date
April 30, 2024
As at May 1, 2024
NAV / Unit
$20.15
Price
$20.31
Premium Discount
$1.14
Premium Discount Percentage
5.35%
Outstanding Shares
4,105,306
As at March 29, 2024
Percent Written by Month End
24.01
Average OTM % When Written
2.00
Percentage of Options OTM by Month End
35.41
Standard Deviation
17.81
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
| Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Distribution Period |
|---|---|---|---|---|
| April 29, 2024 | April 30, 2024 | May 7, 2024 | 0.29000 | Monthly |
| March 27, 2024 | March 28, 2024 | April 5, 2024 | 0.29000 | Monthly |
| February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.29000 | Monthly |
| January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.29000 | Monthly |
As at April 30, 2024
Security Name
Weight
Horizons Can Oil and Gas Eq Cov Call ETF (ENCC)
125.12%
CASH
0.08%
Holdings are subject to change.