Skip To Main Content
Global X MSCI Emerging Markets Covered Call ETF

EMCC

Reasons to Consider EMCC

International Growth Opportunities

Low-cost benchmark exposure to the growth of large and mid-sized companies across 24 emerging markets, as tracked by the MSCI Emerging Markets Index, that accounts for nearly 11% of the global equity opportunity set.

High-Income Potential

EMCC seeks to generate additional income through covered call writing, which historically produces higher yields in periods of volatility.¹

¹Covered call writing can limit the upside potential of the underlying security.

Monthly Distributions

EMCC is designed to provide a consistent monthly income along with potential long-term capital growth.

Investment Objective

EMCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of large and mid-cap securities across emerging markets (currently, the MSCI Emerging Markets Index); and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, EMCC will employ a dynamic covered call option writing program.

NAV

$20.05

$0.1409

0.71%

Volume

5,200

Price

$20.07

$0.14

0.70%

Last Close

$19.93

Prices delayed by 15 minutes.

Last Trade: June 19, 2024
Emerging
Equity
World
Enhanced Income
Equity Essentials

Risk Rating:

Medium

Product Details

Fund Details

Ticker

EMCC

CUSIP

37955S105

Inception Date

May 21, 2024

Net Assets

$8,019,930 As at June 18, 2024

Consolidated Prior Day Volume

5,400

Average Daily Trading Volume Over a 12 Month Period

20,136

Exchange

Cboe Canada

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Benchmark

MSCI Emerging Markets Index

Management Fee

0.65% (Plus applicable sales tax)

Management Expense Ratio

N/A (New ETF)

Trading Expense Ratio

N/A (New ETF)

Currency

CAD

Currency Hedging

No currency hedging is employed

LEI

894500SZ5MBM6IL7XX66

Price and NAV

As at June 18, 2024

NAV / Unit

$20.05

Closing Price

$20.07

Premium Discount

$0.02

Premium Discount Percentage

0.10%

Outstanding Shares

400,001

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.

Top Holdings

As at June 18, 2024

Security Name

Weight

GLOBAL X MSCI EMERGING MARKETS INDEX ETF

99.73%

US DOLLAR

0.45%

CASH

0.12%

Market value of options

-0.30%

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.

© 2024 Global X Investments Canada Inc. All Rights Reserved.