Description

This ETF (CNCL) offers investors exposure to the growth prospects of Canada's most prominent and liquid large-cap companies. It aims to boost both capital growth and income potential by applying a modest 125% leverage, primarily through cash borrowing, while staying within defined prospectus limits. A core component of its strategy involves a dynamic covered call program designed to generate regular monthly distributions and mitigate portfolio volatility. Overall, CNCL strives to provide consistent monthly income from dividends and option premiums, alongside long-term capital appreciation, all while mirroring the performance of the Canadian large-cap equity market, net of its operational costs.