What Is RSCL?
GLOBALX.CA/RSCL Unlock the long-term growth potential of 2,000 U.S. small-cap equities with RSCL, which uses a light leverage of 125% to enhance growth potential and yield. High-Income Potential RSCL offers exposure to a dynamic covered call option writing program that can potentially enhance portfolio income and mitigate portfolio volatility. Monthly Distributions RSCL is designed to provide a consistent monthly income along with potential long-term capital growth. RSCL seeks to provide, to the extent reasonably possible and net of expenses: (a) exposure to the performance of an index of small-cap securities of the U.S. equity market (currently, the Russell 2000 RIC Capped Index); and (b) high monthly distributions of dividend income and call option premiums. To generate premiums, RSCL is exposed to a dynamic covered call option writing program. RSCL 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%. PREVIOUS 12-MONTH DISTRIBUTIONS
Set it, forget it, let compounding do the heavy lifting. 💪