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Bullboard - Stock Discussion Forum Global X S&P/TSX 60 Covered Call ETF T.CNCC

TSX:CNCC - Post Discussion

Global X S&P/TSX 60 Covered Call ETF > "H,"s "all are offering 17-22% Yields, Huh?
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Post by uchuck on Oct 07, 2011 11:31am

"H,"s "all are offering 17-22% Yields, Huh?

"When it's too good to be true, it usually is." Notwithstanding T.YLO's head-aches, I am having difficulty ascertaining the reasons/derivations of these juicy yields/distributions, whatever they call it. What is the downside risk (ok. gold price plummeting, can understand that  blah, blah). Yields are per annum figures, right? Why don't they state that?
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