GRCC
Asset Allocation, Meet Covered Calls
Investment Objective: GRCC seeks to provide a combination of a high level of income and moderate long-term capital growth, primarily by investing in exchange traded funds that provide exposure to a globally diversified portfolio of equity and fixed income securities. To mitigate downside risk and generate premiums, GRCC will be exposed to a dynamic option writing program.
Fund Details
Ticker
GRCC
Inception Date
October 10, 2023
Net Assets ?
$2,540,341
As at December 04, 2023
Consolidated Prior Day Volume ?
100
For December 04, 2023
Average Daily Trading Volume Over a 12 Month Period ?
319
As at December 04, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.49%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A (New ETF)
Currency
CAD
Currency Hedging
No
LEI ?
894500DNMZY5AB3GR029
Distribution Metrics
Most Recent Distributions Per Unit
$0.14000
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
November 30, 2023
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 $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Annualized Performance (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Calendar Year Performance (%) *
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 11/29/2023 | 11/30/2023 | 12/07/2023 | 0.14 | — | Monthly |
| 2023 | 10/30/2023 | 10/31/2023 | 11/07/2023 | 0.14 | — | Monthly |
Top 10 Holdings
As at December 04, 2023| Security Name | Weight |
|---|---|
| Horizons US Large Cap Eq Cov Call U$ ETF C$ (USCC) | 27.53% |
| Horizons Intl Developed Mkts Eq Ix ETF (HXDM) | 20.36% |
| Horizons Canadian Lrg Cap Eq Cov Call ETF (CNCC) | 16.01% |
| Horizons Cdn Select Universe Bond ETF (HBB) | 12.32% |
| Horizons Emerging Markets Equity IdxETF C$ (HXEM) | 8.00% |
| Horizons Mid-Term US Treasury Premium Yield Etf | 7.94% |
| Horizons NASDAQ-100 Covered Call ETF (QQCC) | 7.85% |
| CASH | 0.16% |
Holdings are subject to change. Download full prior business day: Holdings
At a Glance
Asset Allocation, Meet Covered Calls
Investment Objective: GRCC seeks to provide a combination of a high level of income and moderate long-term capital growth, primarily by investing in exchange traded funds that provide exposure to a globally diversified portfolio of equity and fixed income securities. To mitigate downside risk and generate premiums, GRCC will be exposed to a dynamic option writing program.
Product Facts
Fund Details
Ticker
GRCC
Inception Date
October 10, 2023
Net Assets ?
$2,540,341
As at December 04, 2023
Consolidated Prior Day Volume ?
100
ForDecember 04, 2023
Average Daily Trading Volume Over a 12 Month Period ?
319
As at December 04, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.49%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A (New ETF)
Currency
CAD
Currency Hedging
No
LEI ?
894500DNMZY5AB3GR029
Distribution Metrics
As at December 04, 2023
Most Recent Distributions Per Unit
0.14
12-Month Trailing Yield ?
-- %
Distribution Frequency
Monthly
Record Date
November 30, 2023
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 $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Performance & Distributions
Annualized Performance (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Calendar Year Performance (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2023 | 11/29/2023 | 11/30/2023 | 12/07/2023 | 0.14 | Monthly | |
| 2023 | 10/30/2023 | 10/31/2023 | 11/07/2023 | 0.14 | Monthly |
Holdings
Top 10 Holdings
As at December 04, 2023| Security Name | Weight |
|---|---|
| Horizons US Large Cap Eq Cov Call U$ ETF C$ (USCC) | 27.53% |
| Horizons Intl Developed Mkts Eq Ix ETF (HXDM) | 20.36% |
| Horizons Canadian Lrg Cap Eq Cov Call ETF (CNCC) | 16.01% |
| Horizons Cdn Select Universe Bond ETF (HBB) | 12.32% |
| Horizons Emerging Markets Equity IdxETF C$ (HXEM) | 8.00% |
| Horizons Mid-Term US Treasury Premium Yield Etf | 7.94% |
| Horizons NASDAQ-100 Covered Call ETF (QQCC) | 7.85% |
| CASH | 0.16% |
Holdings are subject to change. Download full prior business day: Holdings
