Global X Enhanced S&P/TSX 60 Covered Call ETF
Unlock the growth potential of some of the largest and most liquid large-cap companies listed in Canada using light leverage of 125% to enhance growth potential and yield.
CNCL provides exposure to a covered call strategy, aiming to potentially increase portfolio income while reducing portfolio volatility.
Designed to provide a consistent monthly income along with potential long-term capital growth.
NAV
$19.75
$-0.0718
-0.36%
Volume Real-time volume on the Toronto Stock Exchange only
5,213
Price
$19.77
$-0.05
-0.25%
Last Close
$19.82
Prices delayed by 15 minutes.
Last Trade: May 10, 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.
Medium
Ticker
CNCL
CUSIP
37963A104
Inception Date
July 5, 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)
$13,843,156
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
5,897
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
14,144
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.65% (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.
2.61% 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.
0.52% As at December 31, 2023
Currency
CAD
Currency Hedging
N/A
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.
5493000KCASM7NCLPE72
As at April 30, 2024
Most Recent Distributions per Unit
$0.20000
Annualized Distribution Yield
12.15%
Distribution Frequency
Monthly
Record Date
April 30, 2024
As at May 10, 2024
NAV / Unit
$19.75
Closing Price
$19.48
Premium Discount
$-0.27
Premium Discount Percentage
-1.40%
Outstanding Shares
700,793
As at March 29, 2024
Percent Written by Month End
49.20
Average OTM % When Written
0.63
Standard Deviation
12.01
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.
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 | 0.20000 | Monthly |
| March 27, 2024 | March 28, 2024 | April 5, 2024 | 0.20000 | Monthly |
| February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.20000 | Monthly |
| January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.20000 | Monthly |
As at May 10, 2024
Security Name
Weight
GLOBAL X S&P/TSX 60 COVERED CALL ETF
125.06%
CASH
0.17%
Holdings are subject to change.