GX Enhanced CDN Oil & Gas Eqty Cvrd Call ETF(ENCL-T)TSX
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Overview
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Description
The Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of Canadian companies that are involved in the crude oil and natural gas industry (currently, the Solactive Equal Weight Canada Oil and Gas Index); and (b) high monthly distributions of dividend income and call option premiums. To generate premiums, ENCL will be exposed to a dynamic covered call option writing program.
Investment Information
Managed Assets, $K
Shares Outstanding, K
Asset Class
60-Month Beta
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Has Options
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52-Week RangeLow price17.79-High price21.45
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