Global X Enhanced Equal Weight Canadian Telecom Covered Call ETF - CAD

Fund Identification

Main Metrics

Ratings

Official Investment Strategy

RNCL seeks to provide, to the extent reasonably possible and net of expenses: (a) exposure to the performance of an equal-weighted index designed to provide exposure to the largest Canadian telecommunications companies (currently, the Mirae Asset Equal Weight Canadian Telecommunications Index); and (b) high monthly distributions of dividend income and call option premiums. To generate premiums, RNCL is exposed to a dynamic covered call option writing program.