Global X S&P/TSX 60 Covered Call ETF (CNCC.TO) TSX

14.40

+0.13(+0.91%)

Updated at June 02 03:59PM

Currency In CAD

Global X S&P/TSX 60 Covered Call ETF

Address

161 Bay Street, Suite 2700

Toronto, ON M5J 2S1

Canada

Phone

1-866-641-5739

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

April 07, 2011

Key Executives

N/A

Description

Direct exposure to some of the largest and most liquid stocks listed in Canada and then uses a covered call strategy to help generate additional income on the portfolio. CNCC 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. Designed to provide a consistent monthly income with an opportunity for growth. CNCC seeks to provide: (a) exposure to the performance of the large-cap segment of the Canadian equity market; and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, CNCC will employ a dynamic covered call option writing program.