GLOBAL X CDN OIL AND GAS EQUITY COVGLOBAL X CDN OIL AND GAS EQUITY COVGLOBAL X CDN OIL AND GAS EQUITY COV

GLOBAL X CDN OIL AND GAS EQUITY COV

No trades
Buy ENCC

Key stats


Assets under management (AUM)
‪451.17 M‬CAD
Fund flows (1Y)
‪254.18 M‬CAD
Dividend yield (indicated)
13.93%
Discount/Premium to NAV
−2.4%

About GLOBAL X CDN OIL AND GAS EQUITY COV


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
1.08%
Home page
Inception date
Apr 11, 2011
Index tracked
No Underlying Index
Management style
Active
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
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Industrial Services
Stock breakdown by region
100%
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
Displays a symbol's price movements over previous years to identify recurring trends.