ENC
ENC
Global X Canadian Oil and Gas Equity Covered Call ETF(Dist)
Global X · TSX
Distr.
Global X
TSXEquitiesDistributing
$13.24
+$0.01+0.08%AUM: $804.0M
Price history
TER
0.92%
High Cost1Y Return
+27.19%
AUM
$804.0M
About this ETF
Direct equal-weight exposure to some of the largest and most liquid Canadian companies involved in the crude oil and natural gas industry. ENCC aims to generate income through covered call writing, a strategy historically known for producing higher yields during periods of volatility.* *Covered call...
Quick stats
AUM$804.0M
TER0.92%
1Y Return+27.19%
Holdings0
52-Week High$13.42
52-Week Low$10.10
Fund profile
Frequently Asked Questions
The current price of ENCC.TO is CA$13.24 CAD — it has increased by +0.08% in the past 24 hours.
The monthly change is a +10.06% rise. Over the last year, ENCC.TO has showed a +27.19% increase.
ENCC.TO assets under management is $804M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ENCC.TO expense ratio is 0.92%. It's an important metric for helping understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
ENCC.TO shares are issued by Global X.
Yes, ENCC.TO pays a dividend yield of 10.88%.
Investors in Latin America can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.
Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.
Many investors in Latin America buy international ETFs like ENCC.TO to protect their purchasing power. Because ENCC.TO is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your portfolio remains protected from local inflation.
No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.