GLOBAL X ENHANCED ALL-EQUITY ASSET UNIT CL AGLOBAL X ENHANCED ALL-EQUITY ASSET UNIT CL AGLOBAL X ENHANCED ALL-EQUITY ASSET UNIT CL A

GLOBAL X ENHANCED ALL-EQUITY ASSET UNIT CL A

No trades
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Key stats


Assets under management (AUM)
‪40.42 M‬CAD
Fund flows (1Y)
‪29.47 M‬CAD
Dividend yield (indicated)
11.90%
Discount/Premium to NAV
0.2%
Shares outstanding
‪1.86 M‬
Expense ratio

About GLOBAL X ENHANCED ALL-EQUITY ASSET UNIT CL A


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
Oct 11, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund-of-funds offers diversified exposure to the global equity market while employing a dynamic option writing strategy. It directly or indirectly invests in exchange-traded funds that provide exposure to domestic and foreign stocks of any size or style. The fund manager employs a leveraged strategy and seeks to maintain a long-term strategic asset allocation of approximately 125% in equity securities through cash borrowing. The portfolio asset mix may also be reconstituted and rebalanced from time to time. To mitigate downside risk and generate premiums, the fund manager, at its discretion, will write options on up to approximately 50% of the portfolio. Note that the fund will not hedge the foreign currency of its investments back to the Canadian dollar. Moreover, it may hold cash and cash equivalents or other money market instruments to meet its objective.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to EQCL via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EQCL trades at 21.70 CAD today, its price has fallen −0.09% in the past 24 hours. Track more dynamics on EQCL price chart.
EQCL net asset value is 21.70 today — it's risen 5.20% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EQCL assets under management is ‪40.42 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EQCL price has risen by 4.23% over the last month, See more dynamics on EQCL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.68% decrease in three-month performance and has increased by 11.42% in a year.
EQCL fund flows account for ‪29.47 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EQCL invests in funds. See more details in our Analysis section.
Yes, EQCL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EQCL technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EQCL shows the buy signal. See more of EQCL technicals for a more comprehensive analysis.
Yes, EQCL pays dividends to its holders with the dividend yield of 11.90%.
EQCL trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EQCL shares are issued by Mirae Asset Global Investments Co., Ltd.
EQCL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 11, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.