Global X S&P/TSX 60 Cov Call ETFCNCC.TOPAST TOP PICKAug 14, 2026Stock price when the opinion was issued
As of Sep 03, 2026. Market Open.
Covered call dampens some volatility, and you give up upside (though market's run up quite a bit), but you get a nice yield. More for the income-focused investors out there, but you have to realize there's equity exposure. A compromise between fixed income and full equity exposure.
Most investors can't write covered calls themselves. This lets you access that opportunity in one nice package.
Top 60 companies in Canada -- weighted to financials, AEM and miners, and more. Yield is ~7.5%.
(Note the short timeframe.) Straddles equity and fixed income. Not a runaway, but gradually moving along.