Key stats
About GLOBAL X ENHANCED MSCI EAFE COVERED CALL ETF
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Inception date
May 28, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The fund aims to provide leveraged and covered call exposure to the MSCI EAFE Index, which comprises equity securities from developed markets outside North America. To obtain exposure, the fund may either directly hold constituent securities of the index or invest in shares of related ETFs. The fund employs approximately 125% leverage through cash borrowing. The fund also uses a dynamic covered call strategy, typically writing exchange-traded or over-the-counter index calls on approximately 50% of the portfolio value. Although it provides hedging protection and generates premiums, the use of a covered call strategy may cap the fund's potential gains. Additionally, the fund may hold cash equivalents or money market instruments to meet its obligations.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF125.59%
Cash0.44%
Miscellaneous−26.03%
Top 10 holdings
Dividends
Dividend payout history