Annualized Distribution Yield The most recent regular distribution (excluding additional year end distributions) annualized for frequency, divided by current NAV
As at May 7, 2024
12.96%
Direct equal-weight exposure to the performance of the core dividend-paying Canadian Big Six banks.
BKCC seeks to generate additional income through covered call writing, which historically produces higher yields in periods of volatility.* *Covered call writing can limit the upside potential of the underlying security.
BKCC is designed to provide a consistent monthly income with an opportunity for growth.
NAV
$13.89
$-0.0061
-0.04%
Volume Real-time volume on the Toronto Stock Exchange only
6,619
Price
$14.00
$0.13
0.90%
Last Close
$13.88
Annualized Distribution Yield The most recent regular distribution (excluding additional year end distributions) annualized for frequency, divided by current NAV
12.96%
Prices delayed by 15 minutes.
Last Trade: May 8, 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
BKCC
CUSIP
379944101
Inception Date
May 16, 2011
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)
$151,536,882
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
79,382
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
31,640
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.39% Effective July 6, 2023, the Management Fees were reduced from 0.65% to 0.39% (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.
0.82% 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.
0.31% 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.
5493002FIDB7T4SRE330
As at April 30, 2024
Most Recent Distributions per Unit
$0.15000
Annualized Distribution Yield
12.96%
12-Month Trailing Yield The yield an investor would have received if they had held the ETF over the last twelve months stated as a percentage of the net asset value per unit on the last business day of the most recent month end
12.73%
Distribution Frequency
Monthly
Record Date
April 30, 2024
As at May 7, 2024
NAV / Unit
$13.89
Price
$14.00
Premium Discount
$-0.08
Premium Discount Percentage
-0.59%
Outstanding Shares
10,908,465
As at March 29, 2024
Percent Written by Month End
38.55
Average OTM % When Written
0.84
Percentage of Options OTM by Month End
38.65
Standard Deviation
11.78
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.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X Equal Weight Canadian Bank Covered Call ETF | -3.44 | 2.64 | 15.36 | 1.25 | 3.63 | 0.84 | 3.52 | 4.40 | 4.46 |
*Fund performance since inception on May 16, 2011, as at April 30, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X Equal Weight Canadian Bank Covered Call ETF | 18.34 | 11.61 | -14.66 | 19.14 | -2.92 | 28.30 | -14.29 | 5.27 |
| 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 | 0.15000 | Monthly |
| February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.15000 | Monthly |
| January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.15000 | Monthly |
As at May 7, 2024
Security Name
Weight
GLOBAL X EQUAL WEIGHT CANADIAN BANKS INDEX ETF
45.44%
National Bank of Canada
9.65%
Royal Bank of Canada
9.57%
Bank of Montreal
9.20%
Canadian Imperial Bank of Commerce
9.10%
Bank of Nova Scotia
8.84%
Toronto-Dominion Bank
8.63%
CASH
0.24%
Market value of options
-0.67%
Holdings are subject to change.