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Global X Growth Asset Allocation Covered Call ETF

GRCC

Reasons to Consider GRCC

80/20 Asset Allocation + Covered Calls

By investing in a globally diversified portfolio of ETFs with a target allocation of approximately 80% equity, 20% fixed income and a covered call overlay, GRCC helps investors unlock a new income stream with the potential of moderate long-term capital growth.

Diversification + Innovation

A straightforward way to achieve globally diversified exposure by simplifying the process of building an entire portfolio in one convenient package, along with high monthly income from a globally diversified portfolio.

Monthly Distributions

Designed to deliver high monthly income on a diversified portfolio of equity and fixed-income securities.

Investment Objective

GRCC seeks to provide a combination of a high level of income and moderate long-term capital growth, primarily by investing in exchange traded funds that provide exposure to a globally diversified portfolio of equity and fixed income securities. To mitigate downside risk and generate premiums, GRCC will be exposed to a dynamic option writing program.

NAV

$21.31

$-0.0285

-0.13%

Volume

25

Price

$21.42

$-0.01

-0.05%

Last Close

$21.43

Prices delayed by 15 minutes.

Last Trade: June 21, 2024
Multi-Asset
Asset Allocation

Risk Rating:

Low to Medium

Product Details

Fund Details

Ticker

GRCC

CUSIP

379942105

Inception Date

October 10, 2023

Net Assets

$6,927,976 As at June 21, 2024

Consolidated Prior Day Volume

7,026

Average Daily Trading Volume Over a 12 Month Period

2,447

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Management Fee

0.49% (Plus applicable sales tax)

Management Expense Ratio

0.73% As at December 31, 2023

Trading Expense Ratio

0.52% As at December 31, 2023

Currency

CAD

Currency Hedging

No

LEI

894500DNMZY5AB3GR029

Distribution Metrics

As at May 31, 2024

Most Recent Distributions per Unit

$0.15000

Distribution Frequency

Monthly

Record Date

May 31, 2024

Price and NAV

As at June 21, 2024

NAV / Unit

$21.31

Closing Price

$21.33

Premium Discount

$0.02

Premium Discount Percentage

0.10%

Outstanding Shares

325,124

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.

Annualized Performance (%)

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Calendar Year Performance (%)

Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
May 31, 2024 May 31, 2024 June 7, 2024 0.15000 Monthly
April 29, 2024 April 30, 2024 May 7, 2024 0.15000 Monthly
March 27, 2024 March 28, 2024 April 5, 2024 0.14000 Monthly
February 28, 2024 February 29, 2024 March 7, 2024 0.14000 Monthly
January 30, 2024 January 31, 2024 February 7, 2024 0.14000 Monthly

Top Holdings

As at June 20, 2024

Security Name

Weight

GLOBAL X S&P 500 COVERED CALL ETF

28.81%

GLOBAL X MSCI EAFE COVERED CALL ETF

20.03%

GLOBAL X S&P/TSX 60 COVERED CALL ETF

15.06%

GLOBAL X CANADIAN SELECT UNIVERSE BOND INDEX CORPO RATE CLASS ETF

11.66%

GLOBAL X NASDAQ 100 COVERED CALL ETF/CANADA

8.44%

GLOBAL X MSCI EMERGING MARKETS COVERED CALL ETF/TO RONTO

8.32%

GLOBAL X MID-TERM U.S. TREASURY PREMIUM YIELD ETF

7.50%

CASH

0.88%

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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