Key stats
About GLOBAL X CDN OIL AND GAS EQUITY COV CL E UNITS
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Inception date
Apr 11, 2011
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund aims for exposure to Canadian companies and monthly distributions of dividend and call option income. Its equal-weighted portfolio is composed of equity and equity-related securities of companies that are primarily involved in the crude oil and natural gas industries. Holdings are also among the largest and most liquid companies listed on the TSX. In order to mitigate risks and generate income, the fund will generally write covered call options on 100% of the portfolios securities and may vary based on market volatility and other factors.
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
Energy Minerals
Industrial Services
ETF
Stocks58.98%
Energy Minerals33.10%
Industrial Services25.58%
Bonds, Cash & Other41.02%
ETF40.51%
Cash1.04%
Rights & Warrants−0.53%
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
ENCC invests in stocks. The fund's major sectors are Energy Minerals, with 33.27% stocks, and Industrial Services, with 25.71% of the basket. The assets are mostly located in the North America region.
ENCC top holdings are Global X Equal Weight Canadian Oil & Gas Index ETF Trust Unit A and Enbridge Inc., occupying 40.51% and 5.48% of the portfolio correspondingly.
ENCC last dividends amounted to 0.12 CAD. The month before, the issuer paid 0.12 CAD in dividends,
ENCC assets under management is 502.70 M CAD. It's risen 9.18% over the last month.
ENCC fund flows account for 220.02 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, ENCC pays dividends to its holders with the dividend yield of 14.62%. The last dividend (May 7, 2025) amounted to 0.12 CAD. The dividends are paid monthly.
ENCC shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Apr 11, 2011, and its management style is Active.
ENCC expense ratio is 1.08% meaning you'd have to pay 1.08% of your investment to help manage the fund.
ENCC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ENCC invests in stocks.
ENCC price has risen by 2.79% over the last month, and its yearly performance shows a −10.72% decrease. See more dynamics on ENCC price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.94% decrease in three-month performance and has increased by 2.98% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.94% decrease in three-month performance and has increased by 2.98% in a year.
ENCC trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.