GLOBAL X ENHANCED NASDAQ 100 COVERE UNIT CL AGLOBAL X ENHANCED NASDAQ 100 COVERE UNIT CL AGLOBAL X ENHANCED NASDAQ 100 COVERE UNIT CL A

GLOBAL X ENHANCED NASDAQ 100 COVERE UNIT CL A

No trades
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Key stats


Assets under management (AUM)
‪92.93 M‬CAD
Fund flows (1Y)
‪77.71 M‬CAD
Dividend yield (indicated)
12.31%
Discount/Premium to NAV
0.3%

About GLOBAL X ENHANCED NASDAQ 100 COVERE UNIT CL A


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
2.82%
Home page
Inception date
Oct 11, 2023
Index tracked
NASDAQ 100 Index
Management style
Passive
QQCL aims to provide leveraged and covered call exposure to the NASDAQ 100 Index. The underlying index tracks the performance of large domestic and international non-financial companies listed on the NASDAQ stock market. To obtain NASDAQ 100 exposure, QQCL either directly holds constituent securities of the index or invests in shares of related ETFs. The fund employs approximately 125% leverage through cash borrowing. QQCL also uses a covered call strategy, typically writing exchange-traded or over-the-counter index calls on up to 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


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Buy-write
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
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.