The investment objective of AMAX is to deliver attractive monthly income, while providing exposure to an equal-weighted equity portfolio of primarily gold producers, domiciled/listed principally in Canada and the United States. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, AMAX employs a covered call option writing program.
The XTSE:AMAX ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.