The investment objective of CDAY is to deliver attractive income while providing exposure primarily, but not exclusively, to Canadian equities. To supplement income earned from its holdings, CDAY employs an actively managed, primarily ultra-short-term, option strategy on its North American equity exposure. CDAY uses leverage in order to seek to achieve its investment objective. Leverage is created through the use of cash borrowings or as otherwise permitted under applicable securities legislation. The maximum aggregate leverage of CDAY will not exceed approximately 25% of its net asset value.
The CDAY ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.