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

Symbols are getting confusing

[ANALOG GUY]

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?

[rabnud]

its a great dividend but zero growth stock  I bought for the income 

[ANALOG GUY]

Added at 19.42 12.3% tax efficient yield  TSX at 21950