Unlock the growth potential of Canadian oil and gas companies with ENCL which uses light leverage of 125% to enhance growth potential and yield. ENCL provides access to a covered call strategy designed to potentially enhance portfolio income while reducing portfolio volatility. Designed to provide a consistent monthly income along with potential long-term capital growth. ENCL seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of Canadian companies that are involved in the crude oil and natural gas industry (currently, the Solactive Equal Weight Canada Oil & Gas Index); and (b) high monthly distributions of dividend income and call option premiums. To generate premiums, ENCL will be exposed to a dynamic covered call option writing program. ENCL will also employ leverage (not to exceed the limits on use of leverage described under “Investment Strategies” in the ETF's prospectus) through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%.
Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF · Issued by Global X
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