Global X S&P 500 Covered Call ETF (USCC.TO) TSX
19.80
-0.04(-0.20%)
Currency In CAD
- General
- Statistics
- Historical Data
- Profile
- Financials
19.80
-0.04(-0.20%)
Currency In CAD
Address
161 Bay Street, Suite 2700
Toronto, ON M5J 2S1
Canada
Phone
1-866-641-5739
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 21, 2014
Direct exposure to the performance of some of the largest and most liquid large-cap companies listed in the U.S. Looks to generate 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. USCC seeks to provide: (a) exposure to the performance of the large-cap market segment of the U.S. equity market and (b) monthly U.S. dollar distributions of dividend and call option income. To mitigate downside risk and generate income, USCC.U will employ a dynamic covered call option writing program. USCC will not seek to hedge its exposure to the U.S. dollar back to the Canadian dollar.