Unlock the growth potential of an all-equity portfolio with EQCL that uses light leverage of 125% to enhance growth potential and yield.
EQCL provides access to a covered call strategy designed to potentially enhance portfolio income potential while reducing portfolio volatility.
Designed to provide a consistent monthly income along with potential long-term capital growth.
NAV
$21.66
$-0.0177
-0.08%
Volume Real-time volume on the Toronto Stock Exchange only
821
Price
$21.67
$0.01
0.05%
Last Close
$21.66
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
EQCL
CUSIP
37963E106
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)
$10,305,081
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
3,796
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
7,388
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.75% (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.
2.49% 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.
0.62% 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.
894500DOEPOZH7QV0S84
As at April 30, 2024
Most Recent Distributions per Unit
$0.21000
Annualized Distribution Yield
11.63%
Distribution Frequency
Monthly
Record Date
April 30, 2024
As at May 10, 2024
NAV / Unit
$21.66
Closing Price
$21.44
Premium Discount
$-0.22
Premium Discount Percentage
-1.03%
Outstanding Shares
475,746
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 | 0.21000 | Monthly |
March 27, 2024 | March 28, 2024 | April 5, 2024 | 0.19500 | Monthly |
February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.19500 | Monthly |
January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.19500 | Monthly |
As at May 10, 2024
Security Name
Weight
GLOBAL X S&P 500 COVERED CALL ETF
43.75%
GLOBAL X INTL DEVELOPED MARKETS EQUITY INDEX CORPO RATE CLASS ETF
33.17%
GLOBAL X S&P/TSX 60 COVERED CALL ETF
24.55%
GLOBAL X EMERGING MARKETS EQUITY INDEX CORPORATE C LASS ETF
12.93%
GLOBAL X NASDAQ-100 COVERED CALL ETF
12.44%
US DOLLAR
0.11%
CASH
0.10%
Market value of options
-1.07%
Holdings are subject to change.