Key stats
About GLOBAL X ENHANCED EQUAL WEIGHT CANA CL A UNITS
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Inception date
Jul 5, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The fund aims to provide 1.25x covered call exposure to the underlying index, which invests in stocks of Canadian banks. These banks must be primarily listed on the TSX and are classified by FactSet Industries as Major Banks or Regional Banks. To be eligible for inclusion, companies should meet instability and liquidity requirements. The underlying index equally weights its constituents and rebalances semi-annually in March and September. The fund may hold constituent securities of the underlying index or may opt to invest in ETFs. The fund utilizes a covered call option strategy and engages in securities lending to generate additional returns. Additionally, the fund will maintain a leverage ratio of approximately 125% through cash borrowing.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF124.72%
Cash0.01%
Miscellaneous−24.73%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BKCL last dividends amounted to 0.24 CAD. The month before, the issuer paid 0.24 CAD in dividends, which shows a 2.13% decrease.
BKCL assets under management is 124.03 M CAD. It's risen 9.35% over the last month.
BKCL fund flows account for 38.02 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BKCL pays dividends to its holders with the dividend yield of 15.48%. The last dividend (May 7, 2025) amounted to 0.23 CAD. The dividends are paid monthly.
BKCL shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Jul 5, 2023, and its management style is Passive.
BKCL expense ratio is 2.86% meaning you'd have to pay 2.86% of your investment to help manage the fund.
BKCL follows the Solactive Equal Weight Canada Banks Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BKCL invests in funds.
BKCL price has risen by 7.33% over the last month, See more dynamics on BKCL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.21% increase in three-month performance and has increased by 16.22% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.21% increase in three-month performance and has increased by 16.22% in a year.
BKCL trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.