Direct equal-weight exposure to the performance of the core dividend-paying Canadian Big Six banks. BKCC seeks to generate additional income through covered call writing, which historically produces higher yields in periods of volatility.* *Covered call writing can limit the upside potential of the underlying security. BKCC is designed to provide a consistent monthly income with an opportunity for growth. BKCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of equal-weighted equity securities of diversified Canadian banks (currently, the Solactive Equal Weight Canada Banks Index); and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, BKCC will employ a dynamic covered call option writing program.
Global X Equal Weight Canadian Bank Covered Call ETF · Issued by Global X
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