Analyst Price Target is C$0.00
▼ -100.00% Downside Potential
This price target is based on 0 analysts offering 12 month price targets for Global X Canadian S&P/TSX 60 Covered Call ETF in the last 3 months. The average price target is C$0.00, with a high forecast of C$0.00 and a low forecast of C$10,000,000.00. The average price target represents a -100.00% upside from the last price of C$13.65.
Current Consensus is
N/A
The current consensus among 0 contributing investment analysts is to n/a stock in Global X Canadian S&P/TSX 60 Covered Call ETF. This rating has held steady since March 2024, when it changed from a Hold consensus rating.
Global X Canadian S&P/TSX 60 Covered Call ETF
To achieve its investment objective, mitigate downside risk and generate income, CNCC will employ a dynamic covered call option writing program. CNCC invests, directly or indirectly, in a portfolio of large capitalization Canadian companies, which may include ETFs that provide exposure to such companies. Quarterly, on the Constituent Reset Date, the Investment Manager will select from the largest and most liquid Canadian issuers listed on the TSX and will, directly or indirectly, invest CNCC in each issuer. CNCCs portfolio exposure to the constituent securities will, directly or indirectly, rebalance on each Constituent Reset Date. CNCC seeks to provide (a) exposure to the performance of the largecap segment of the Canadian equity market and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, CNCC will employ a dynamic covered call option writing program.
Read More
