I really want to like this actively managed Canadian REIT ETF, but there are some significant drawbacks that keep it from shining.
Global X Canada recently launched three ETFs: the Global X All-In-One Commodity Producers Equity ETF (“COMX”), the Global X All-In-One Commodity Producers Equity Covered Call ETF (“CMCC”), and the Global X Enhanced All-In-One Commodity Producers Equity Covered Call ETF (“CMCL”). These ETFs are designed to provide single-ticker exposure to commodity producers across energy, metals, and mining sectors from around the world.
Global X Canada has just launched three new ETFs: the Global X Silver Miners Index ETF (“SLVX”), the Global X Silver Miners Covered Call ETF (“SVCC”), and the Global X Enhanced Silver Miners Covered Call ETF (“SVCL”), and each offers a different way to access silver-focused equities across core, income, and enhanced strategies.
Some of these have actual use cases, others are silly thought exercises, so take everything you read today with a grain of salt.
These unique monthly income ETFs deliver double-digit yields via cash-secured puts and business development companies (BDCs).