GLOBAL X ENHANCED S&P/TSX 60 COVERE CL A UNITGLOBAL X ENHANCED S&P/TSX 60 COVERE CL A UNITGLOBAL X ENHANCED S&P/TSX 60 COVERE CL A UNIT

GLOBAL X ENHANCED S&P/TSX 60 COVERE CL A UNIT

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Key stats


Assets under management (AUM)
‪17.51 M‬CAD
Fund flows (1Y)
‪4.88 M‬CAD
Dividend yield (indicated)
11.50%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪852.87 K‬
Expense ratio

About GLOBAL X ENHANCED S&P/TSX 60 COVERE CL A UNIT


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
Jul 5, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
S&P/TSX 60
Management style
Passive
Tax on distributions
Qualified dividends
Primary advisor
Global X Investments Canada, Inc.
This fund seeks to provide leveraged exposure to a market-cap weighted index of equity and equity-related securities of Canadian companies that are amongst the largest (in market-cap) and most liquid issuers listed on the TSX. Constituents are selected at the discretion of the index committee and weighted by float-adjusted market capitalization. In order to mitigate risks and generate income, the index will generally write covered call options on 50% of the portfolios securities and may vary based on market volatility and other factors. To enhance returns, this fund employs an approximate 1.25x leverage through the use of cash borrowing.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Vanilla
Geography
Canada
Weighting scheme
Market cap
Selection criteria
Committee

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of February 10, 2025
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF126.00%
Cash0.75%
Miscellaneous−26.75%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows