CMCL seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of a broad range of commodity producers globally, including companies in the energy, metals and mining sectors, as well as other commodity producers related exposures, either directly or through investing in exchange traded funds; and (b) high distributions of dividend income and call option premiums, at least monthly. To generate premiums, CMCL is exposed to a dynamic covered call option writing program. CMCL also employs leverage (not to exceed the limits on use of leverage described under “Investment Strategies” in the ETF’s prospectus) through cash borrowing and generally endeavours to maintain a leverage ratio of approximately 125%.
The CMCL ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.