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GLOBAL X CDN OIL AND GAS EQUITY COV CL E UNITSGG

GLOBAL X CDN OIL AND GAS EQUITY COV CL E UNITS

10.14CADD
−0.03−0.29%
As of today at 15:33 GMT
CAD
No trades
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Overview
Analysis Holdings Discussions Technicals Seasonals

ENCC chart


Full chart

Key stats


Assets under management (AUM)
‪472.70 M‬ CAD
Fund flows (1Y)
‪215.60 M‬ CAD
Dividend yield (indicated)
14.95%
Discount/Premium to NAV
0.10%
Shares outstanding
‪46.69 M‬
Expense ratio
1.08%

About GLOBAL X CDN OIL AND GAS EQUITY COV CL E UNITS


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
globalx.ca
Inception date
Apr 11, 2011
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund aims for exposure to Canadian companies and monthly distributions of dividend and call option income. Its equal-weighted portfolio is composed of equity and equity-related securities of companies that are primarily involved in the crude oil and natural gas industries. Holdings are also among the largest and most liquid companies listed on the TSX. In order to mitigate risks and generate income, the fund will generally write covered call options on 100% of the portfolios securities and may vary based on market volatility and other factors.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary

ENCC analysis


What's in the fund
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Industrial Services
ETF
Stock breakdown by region
100%
Top 10 holdings
Symbol
Assets
Symbol
Assets
N
Global X Equal Weight Canadian Oil & Gas Index ETF Trust Unit ANRGY
40.67%
A
ARC Resources Ltd.ARX
5.22%
T
Tourmaline Oil Corp.TOU
5.12%
I
Imperial Oil LimitedIMO
5.07%
S
Suncor Energy Inc.SU
5.03%
C
Canadian Natural Resources LimitedCNQ
4.99%
M
MEG Energy Corp.MEG
4.96%
K
Keyera Corp.KEY
4.93%
E
Enbridge Inc.ENB
4.92%
C
Cenovus Energy Inc.CVE
4.91%
Top 10 weight85.84%
16 total holdings

Technicals


Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.