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Global X Enhanced Equal Weight Canadian Telecommunications Covered Call ETF

RNCL

Reasons to Consider RNCL

Magnified Growth Potential

Unlock the growth potential of Canada’s telecommunications industry with RNCL, which uses a light leverage of 125% to potentially enhance growth and yield.

High-Income Potential

RNCL offers exposure to a dynamic covered call strategy that can potentially enhance portfolio income and lower portfolio volatility.

Monthly Distributions

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

Investment Objective

RNCL seeks to provide, to the extent reasonably possible and net of expenses: (a) exposure to the performance of an equal-weighted index designed to provide exposure to the largest Canadian telecommunications companies (currently, the Mirae Asset Equal Weight Canadian Telecommunications Index); and (b) high monthly distributions of dividend income and call option premiums. To generate premiums, RNCL is exposed to a dynamic covered call option writing program.
RNCL also employs leverage (not to exceed the limits on use of leverage described under "Investment Strategies" in the ETFs prospectus) through cash borrowing and generally endeavours to maintain a leverage ratio of approximately 125%.

NAV

$20.20

$20.1990

0.00%

Price

$20.42

$0.00

0.00%

Prices delayed by 15 minutes.

Last Trade: April 30, 2025
Equity
Sector
Canadian
Enhanced Income

Risk Rating:

Medium

Product Details

Fund Details

Ticker

RNCL

CUSIP

37965X102

Inception Date

April 30, 2025

Net Assets

$2,019,925 As at April 29, 2025

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

N/A (New ETF)

Trading Expense Ratio

N/A (New ETF)

Currency

CAD

Currency Hedging

N/A

LEI

894500NIJ647ZA7DDI21

Price and NAV

As at April 29, 2025

NAV / Unit

$20.20

Outstanding Shares

100,001

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 April 29, 2025

Security Name

Weight

GLOBAL X EQUAL WEIGHT CANADIAN TELECOMMUNICATIONS COVERED CALL ETF

124.75%

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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