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Global X Gold Producer Equity Covered Call ETF

GLCC

Annualized Distribution Yield

As at May 29, 2024

10.05%

Reasons to Consider GLCC

Growth Potential

Direct exposure to the performance of some of the largest and most liquid North American-listed gold producers.

High-Income Potential

Looks to generate income through covered call writing, which historically produces higher yields in periods of volatility.

Monthly Distributions

Designed to provide a consistent monthly income with an opportunity for growth.

Investment Objective

GLCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of equity securities of diversified North American listed gold producers (currently, the Solactive North American Listed Gold Producers Index) and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, GLCC will employ a dynamic covered call option writing program.

NAV

$26.27

$-0.4449

-1.67%

Volume

5,503

Price

$26.66

$0.40

1.52%

Last Close

$26.26

Annualized Distribution Yield

10.05%

Prices delayed by 15 minutes.

Last Trade: May 30, 2024
Equity
Sector
World
Enhanced Income

Risk Rating:

High

Product Details

Fund Details

Ticker

GLCC

CUSIP

37964M107

Inception Date

April 11, 2011

Net Assets

$223,292,244 As at May 29, 2024

Consolidated Prior Day Volume

47,015

Average Daily Trading Volume Over a 12 Month Period

98,243

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Management Fee

0.65% (Plus applicable sales tax)

Management Expense Ratio

0.78% As at December 31, 2023

Trading Expense Ratio

0.38% As at December 31, 2023

Currency

CAD

Currency Hedging

No

LEI

549300GCJXPE1LS4LC17

Distribution Metrics

As at April 30, 2024

Most Recent Distributions per Unit

$0.22000

Annualized Distribution Yield

10.05%

12-Month Trailing Yield

10.82%

Distribution Frequency

Monthly

Record Date

April 30, 2024

Price and NAV

As at May 29, 2024

NAV / Unit

$26.27

Closing Price

$26.26

Premium Discount

$-0.01

Premium Discount Percentage

-0.04%

Outstanding Shares

8,499,944

Portfolio Investment Metrics

As at March 29, 2024

Percent Written by Month End

22.73

Average OTM % When Written

3.56

Percentage of Options OTM by Month End

22.17

Standard Deviation

26.40

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%)

dates

1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr SIR*
Global X Gold Producer Equity Covered Call ETF 5.15 17.97 13.15 7.29 0.13 3.10 9.45 5.98 -1.26

*Fund performance since inception on April 11, 2011, as at April 30, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Gold Producer Equity Covered Call ETF 41.97 7.37 -0.14 38.40 15.05 -9.32 -1.95 6.35

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
April 29, 2024 April 30, 2024 May 7, 2024 0.22000 Monthly
March 27, 2024 March 28, 2024 April 5, 2024 0.22000 Monthly
February 28, 2024 February 29, 2024 March 7, 2024 0.22000 Monthly
January 30, 2024 January 31, 2024 February 7, 2024 0.22000 Monthly

Top Geographic Exposure

As at April 30, 2024

Category

Weight

Canada

58.08%

South Africa

25.09%

United States

10.45%

United Kingdom

6.41%

Holdings are subject to change.

Top Holdings

As at May 29, 2024

Security Name

Weight

Kinross Gold Corp

11.42%

Agnico Eagle Mines Ltd

10.21%

Newmont Corp

9.97%

Pan American Silver Corp

9.42%

Barrick Gold Corp

8.99%

Anglogold Ashanti Plc

8.89%

Gold Fields Ltd - ADR

8.46%

Alamos Gold Inc Cl A

7.76%

Harmony Gold Mining Co Ltd - ADR

6.54%

Endeavour Mining PLC

6.12%

Holdings are subject to change.

Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager, investment manager and trustee of the Global X Funds.

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