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Global X Enhanced S&P/TSX 60 Idx Cov Call ETF T.CNCL



TSX:CNCL - Post by User

Post by ANALOG GUYon Sep 02, 2023 4:56pm
296 Views
Post# 35617655

Symbols are getting confusing

Symbols are getting confusing

CNCL is New Covered Call ETF that came out in July at $20

current yield is 12.45%

this is CNCC with 25% added leverage 

the leverage gives you a bigger yield than CNCC

CNCC holds top 60 Canadian companies 

so all the dividend income would qualify for the federal/provincial tax credits 

going on my watchlist for sure 

September can be a crappy month for markets so I won't be buying any real soon, but I will be a buyer on market weakness

Any thoughts?


 

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