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Global X Growth Asset Allocation Covered Call ETF

GRCC

Annualized Distribution Yield

As at December 2, 2024

8.10%

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

$22.22

$0.0215

0.10%

Volume

1,474

Price

$22.20

$-0.02

-0.09%

Last Close

$22.22

Annualized Distribution Yield

8.10%

Prices delayed by 15 minutes.

Last Trade: December 3, 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

$9,450,250 As at December 2, 2024

Consolidated Prior Day Volume

113

Average Daily Trading Volume Over a 12 Month Period

2,402

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

0.60% As at June 30, 2024

Trading Expense Ratio

0.23% As at June 30, 2024

Currency

CAD

Currency Hedging

No

LEI

894500DNMZY5AB3GR029

Distribution Metrics

As at November 29, 2024

Most Recent Distributions per Unit

$0.15000

Annualized Distribution Yield

8.10%

12-Month Trailing Yield

7.93%

Distribution Frequency

Monthly

Record Date

November 29, 2024

Price and NAV

As at December 2, 2024

NAV / Unit

$22.22

Closing Price

$22.25

Premium Discount

$0.03

Premium Discount Percentage

0.12%

Outstanding Shares

425,255

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 Growth Asset Allocation Covered Call ETF 3.34 6.26 9.86 17.02 18.72 - - - 19.25

*Fund performance since inception on October 10, 2023, as at November 30, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Growth Asset Allocation Covered Call ETF - - - - - - - -

Distributions

Ex-Dividend Date Record Date Payment Date Payment Amount Distribution Period
November 29, 2024 November 29, 2024 December 6, 2024 0.15000 Monthly
October 31, 2024 October 31, 2024 November 7, 2024 0.15000 Monthly
September 27, 2024 September 27, 2024 October 7, 2024 0.15000 Monthly
August 30, 2024 August 30, 2024 September 9, 2024 0.15000 Monthly
July 31, 2024 July 31, 2024 August 8, 2024 0.15000 Monthly
June 28, 2024 June 28, 2024 July 8, 2024 0.15000 Monthly
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 Geographic Exposure

As at December 2, 2024

Category

Weight

Canada

30.00%

United States

43.60%

Rest of World

26.40%

Holdings are subject to change.

Top Holdings

As at December 2, 2024

Security Name

Weight

GLOBAL X S&P 500 COVERED CALL ETF

28.23%

GLOBAL X MSCI EAFE COVERED CALL ETF

19.70%

GLOBAL X S&P/TSX 60 COVERED CALL ETF

16.14%

GLOBAL X MID-TERM GOVERNMENT BOND PREMIUM YIELD ET F

13.96%

GLOBAL X MSCI EMERGING MARKETS COVERED CALL ETF/TO RONTO

6.13%

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

6.03%

GLOBAL X NASDAQ 100 COVERED CALL ETF/CANADA

5.61%

GLOBAL X RUSSELL 2000 COVERED CALL ETF/CANADA

3.83%

CASH

0.37%

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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