Horizons Enhanced Equal Weight Canadian Banks Covered Call ETF (TSX: BKCL)
Canada
· Delayed Price · Currency is CAD | Assets | 81.19M |
| Expense Ratio | 2.86% |
| PE Ratio | n/a |
| Dividend (ttm) | 2.98 |
| Dividend Yield | 16.79% |
| Ex-Dividend Date | Jun 28, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | n/a |
| Volume | 16,040 |
| Open | 17.69 |
| Previous Close | 17.57 |
| Day's Range | n/a |
| 52-Week Low | 16.53 |
| 52-Week High | 20.86 |
| Beta | n/a |
| Holdings | 8 |
| Inception Date | Jul 5, 2023 |
About BKCL
The fund aims to provide 1.25x covered call exposure to the underlying index, which invests in stocks of Canadian banks. These banks must be primarily listed on the TSX and are classified by FactSet Industries as Major Banks or Regional Banks. To be eligible for inclusion, companies should meet instability and liquidity requirements. The underlying index equally weights its constituents and rebalances semi-annually in March and September. The fund may hold constituent securities of the underlying index or may opt to invest in ETFs. The fund utilizes a covered call option strategy and engages in securities lending to generate additional returns. Additionally, the fund will maintain a leverage ratio of approximately 125% through cash borrowing.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Horizons Equal Weight Canadian Bank Covered Call ETF | BKCC | 125.20% |
| Cash | n/a | 0.06% |
| Management Fee Rebate | n/a | 0.05% |
| Transaction Fee | n/a | 0.00% |
| Operating Expense Class A | n/a | -0.00% |
| Hst Blended/Base Rate Class A | n/a | -0.01% |
| Management Expense Class A | n/a | -0.05% |
| Cash | n/a | -25.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 28, 2024 | 0.245 CAD | Jul 8, 2024 |
| May 31, 2024 | 0.245 CAD | Jun 7, 2024 |
| Apr 29, 2024 | 0.245 CAD | May 7, 2024 |
| Mar 27, 2024 | 0.245 CAD | Apr 5, 2024 |
| Feb 28, 2024 | 0.245 CAD | Mar 7, 2024 |
| Jan 30, 2024 | 0.245 CAD | Feb 7, 2024 |