Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF
Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF
Your view on ENCL.TO
Overview
What the company does, where it operates, and who runs it.
About Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- CA
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Not available
- Headquarters
- CA
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”) through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%.
Infographics
Visual summary of the business at a glance.
Media
Videos and interviews covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks the stock is worth vs. the current price.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Comparables
List of peer companies in the same industry.
Institutional Ownership
Which funds and firms own the stock.
Insider Trading
Recent buying and selling by company executives.
Senate Trading
U.S. Senator disclosures filed under the STOCK Act.
News
Latest headlines and market coverage.