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Horizons NASDAQ-100 Covered Call ETF T.QQCC

QQCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of the largest domestic and international nonfinancial companies listed on the NASDAQ stock market currently, the NASDAQ-100 Index, and (b) monthly U.S. dollar distributions of dividend and call option income. To mitigate downside risk and generate income, QQCC will employ a dynamic covered call option writing program. QQCC will not seek to hedge its exposure to the U.S. dollar back to the Canadian dollar... To achieve its investment objective QQCC invests, directly or indirectly, in a portfolio of large capitalization domestic and international companies, which may include ETFs that provide exposure to such companies. Quarterly, on the Constituent Reset Date, the Investment Manager will, based on QQCCs reference index, select from the largest and most liquid domestic and international companies listed on the NASDAQ and will, directly or indirectly, invest QQCC in each issuer.


TSX:QQCC - Post by User

Comment by spazzmanon Feb 21, 2012 3:27pm
427 Views
Post# 19562800

RE: Feb Dividend - Any yield

RE: Feb Dividend - Any yield

Dividend distributions were due out yesterday, because Monday was a holiday in Ontario I am expecting an announcement today.

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