GLOBAL X INVESTMENTS CANADA INC. ALL-EQUITY ASSET ALLOCATION COVERED CALLGG

GLOBAL X INVESTMENTS CANADA INC. ALL-EQUITY ASSET ALLOCATION COVERED CALL

20.87CADD
0.000.00%
Last update at Jul 30, 21:22 GMT
CAD
No trades
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Key stats


Assets under management (AUM)
‪13.03 M‬CAD
Fund flows (1Y)
‪10.62 M‬CAD
Dividend yield (indicated)
9.63%
Discount/Premium to NAV
0.10%
Shares outstanding
‪625.05 K‬
Expense ratio

About GLOBAL X INVESTMENTS CANADA INC. ALL-EQUITY ASSET ALLOCATION COVERED CALL


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
May 28, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Global X Investments Canada, Inc.
The fund-of-funds employs a covered call strategy on a diversified portfolio of global equity securities. It primarily invests, directly or indirectly, in exchange-traded funds (ETFs) that provide diversified exposure to global stocks, including developed and emerging markets securities. To generate premiums, the portfolio manager writes call options at its discretion on up to approximately 50% of the fund, but may be a greater or lesser percentage, from time to time. The fund will not hedge its exposure to foreign currencies back to the Canadian dollar, and may hold cash and cash equivalents or other money market instruments in order to meet its investment objectives.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Buy-write
Geography
Global
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
Top 10 holdings
Symbol
Assets
Symbol
Assets
U
Global X S&P 500 Covered Call ETFUSCC
34.20%
E
Global X MSCI Eafe Covered Call ETF Trust Unit AEACC
26.20%
C
Global X S&P/TSX 60 Covered Call ETFCNCC
20.36%
E
Global X MSCI Emerging Markets Covered Call ETF Trust Unit AEMCC
8.12%
Q
Global X Nasdaq-100 Covered Call ETF Trust Unit EQQCC
6.97%
R
Global X Russell 2000 Covered Call ETFRSCC
4.04%
C
Canadian Dollar
0.11%
Top 10 weight100.00%
7 total holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EQCC trades at 20.87 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on EQCC price chart.
EQCC net asset value is 20.85 today — it's risen 2.27% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EQCC assets under management is ‪13.03 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EQCC price has fallen by −0.67% over the last month, and its yearly performance shows a 2.49% increase. See more dynamics on EQCC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.27% over the last month, showed a 8.85% increase in three-month performance and has increased by 5.15% in a year.
EQCC fund flows account for ‪10.62 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EQCC invests in funds. See more details in our Analysis section.
EQCC expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EQCC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EQCC technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EQCC shows the buy signal. See more of EQCC technicals for a more comprehensive analysis.
Yes, EQCC pays dividends to its holders with the dividend yield of 9.63%.
EQCC trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EQCC shares are issued by Mirae Asset Global Investments Co., Ltd.
EQCC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 28, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.