What Is GLCC?
GLOBALX.CA/GLCC Direct exposure to the performance of some of the largest and most liquid North American- listed gold producers. High-Income Potential Looks to generate 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 Designed to provide a consistent monthly income with an opportunity for growth. GLCC seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of equity securities of diversified North American listed gold producers (currently, the Mirae Asset North American Listed Gold Producers Index); and (b) at least monthly distributions of dividend and call option income. To mitigate downside risk and generate income, GLCC will employ a dynamic covered call option writing program. PREVIOUS 12-MONTH DISTRIBUTIONS
Set it, forget it, let compounding do the heavy lifting. 💪