RNCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an equalweighted index designed to provide exposure to the largest Canadian telecommunication companies (currently, the Mirae Asset Equal Weight Canadian Telecommunications Index); and (b) monthly distributions of dividend income and call option premiums. To mitigate downside risk and generate premiums, RNCC employs a dynamic covered call option writing program.
The RNCC ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.