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About Global X Growth Asset Allocation Covered Call ETF A
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Inception date
Oct 11, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
ISIN
CA3799421050
The fund-of-funds offers diversified exposure to global equity and fixed income markets while employing a dynamic option writing strategy. It invests in exchange-traded funds that provide exposure to domestic and foreign stocks of any size or style and bonds of any credit quality and maturity. The fund seeks to maintain a long-term strategic asset allocation of approximately 80% stocks and 20% bonds. At the sole discretion of the fund manager, the portfolio may be reconstituted and rebalanced from time to time. To mitigate downside risk and generate premiums, the fund manager, at its discretion, writes options on up to approximately 50% of the portfolio. The fund may also hedge the foreign currency of its fixed income investments back to the Canadian dollar through currency forwards or hedged fixed income ETFs. Investors should note that the fund will not hedge the foreign currency exposure of any asset class other than fixed income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.55%
Cash0.45%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GRCC top holdings are Global X S&P 500 Covered Call ETF and Global X MSCI Eafe Covered Call ETF Trust Unit A, occupying 27.64% and 21.16% of the portfolio correspondingly.
GRCC last dividends amounted to 0.16 CAD. The month before, the issuer paid 0.16 CAD in dividends,
GRCC assets under management is 10.41 M CAD. It's risen 2.02% over the last month.
GRCC fund flows account for 2.27 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GRCC pays dividends to its holders with the dividend yield of 8.82%. The last dividend (Sep 8, 2025) amounted to 0.16 CAD. The dividends are paid monthly.
GRCC shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Oct 11, 2023, and its management style is Active.
GRCC expense ratio is 1.25% meaning you'd have to pay 1.25% of your investment to help manage the fund.
GRCC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GRCC invests in funds.
GRCC price has risen by 0.28% over the last month, and its yearly performance shows a 2.73% increase. See more dynamics on GRCC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.22% over the last month, showed a 7.22% increase in three-month performance and has increased by 12.17% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.22% over the last month, showed a 7.22% increase in three-month performance and has increased by 12.17% in a year.
GRCC trades at a premium (0.41%) meaning the ETF is trading at a higher price than the calculated NAV.