What Is RNCL?
GLOBALX.CA/RNCL 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. 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 ETF's prospectus) through cash borrowing and generally endeavours to maintain a leverage ratio of approximately 125%. As at Sep. 30, 2026TOP HOLDINGS (%) Holdings are subject to change.
Set it, forget it, let compounding do the heavy lifting. 💪