Global X Growth Asset Allocation Covered Call ETF
By investing in a globally diversified portfolio of ETFs with a target allocation of approximately 80% equity, 20% fixed income and a covered call overlay, GRCC helps investors unlock a new income stream with the potential of moderate long-term capital growth.
A straightforward way to achieve globally diversified exposure by simplifying the process of building an entire portfolio in one convenient package, along with high monthly income from a globally diversified portfolio.
Designed to deliver high monthly income on a diversified portfolio of equity and fixed-income securities.
NAV
$21.08
$0.1475
0.70%
Volume Real-time volume on the Toronto Stock Exchange only
21
Price
$20.81
$-0.09
-0.43%
Last Close
$20.90
Prices delayed by 15 minutes.
Last Trade: May 3, 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.
Low to Medium
Ticker
GRCC
CUSIP
379942105
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)
$5,228,968
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
102
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
2,285
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.49% (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.
0.73% 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
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.
894500DNMZY5AB3GR029
As at April 30, 2024
Most Recent Distributions per Unit
$0.15000
Annualized Distribution Yield
8.61%
Distribution Frequency
Monthly
Record Date
April 30, 2024
As at May 3, 2024
NAV / Unit
$21.08
Price
$20.81
Premium Discount Percentage
-0.01%
Outstanding Shares
250,075
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 $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
| Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Distribution Period |
|---|---|---|---|---|
| April 29, 2024 | April 30, 2024 | May 7, 2024 | 0.15000 | Monthly |
| March 27, 2024 | March 28, 2024 | April 5, 2024 | 0.14000 | Monthly |
| February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.14000 | Monthly |
| January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.14000 | Monthly |
As at April 30, 2024
Security Name
Weight
Horizons US Large Cap Eq Cov Call U$ ETF C$ (USCC)
28.14%
Horizons Intl Developed Mkts Eq Ix ETF (HXDM)
20.20%
Horizons Canadian Lrg Cap Eq Cov Call ETF (CNCC)
15.69%
Horizons Cdn Select Universe Bond ETF (HBB)
11.42%
Horizons Emerging Markets Equity IdxETF C$ (HXEM)
8.42%
Horizons NASDAQ-100 Covered Call ETF (QQCC)
8.05%
Horizons Mid-Term US Treasury Premium Yield Etf
7.48%
CASH
0.85%
US DOLLAR
0.05%
Market value of options
-0.29%
Holdings are subject to change.