Welcome, fellow investors! Today, I'm thrilled to share exciting news about Global X Investments Canada Inc. unveiling three groundbreaking ETFs on Cboe Canada. These new additions not only broaden Global X's presence in the Canadian ETF landscape but also offer unique opportunities for investors looking to delve into U.S. small-cap equities and the ever-captivating world of Bitcoin.
Exploring the New ETF Offerings
Enhanced Exposure to U.S. Small-Cap Equities
Let's kick things off with the Global X Enhanced Russell 2000 Covered Call ETF (RSCL). This ETF is all about granting investors access to the performance of the Russell 2000 RIC Capped Index, focusing on small-cap U.S. equities. But here's the kicker – it also aims to provide investors with a monthly income stream by dabbling in covered call options on the underlying assets.
Bitcoin Takes the Stage
Now, let's dive into the realm of cryptocurrencies with the Global X Bitcoin Covered Call ETF (BCCC) and Global X Enhanced Bitcoin Covered Call ETF (BCCL). These innovative funds offer a unique opportunity to gain exposure to the price of Bitcoin while reaping the rewards of bi-monthly distributions – a first in the Canadian market!
Understanding the Strategy
Generating Income Through Call Options
Both BCCC and BCCL are designed to not only track the price of Bitcoin but also generate income through call option premiums. BCCC primarily invests in Bitcoin-holding ETFs and writes covered call options on up to 50% of its portfolio to secure a consistent yield, without hedging its foreign currency exposure.
Amplifying Exposure with Leverage
BCCL takes things up a notch by incorporating leverage, aiming for a 125% leverage ratio to enhance exposure and returns. Like its counterpart, BCCL utilizes a dynamic covered call strategy and refrains from hedging its currency exposure, offering investors a unique investment proposition.
Embracing Innovation and Growth
The Global X Expansion
This recent launch brings Global X's total ETF offerings on Cboe Canada to sixteen, showcasing the company's rapid growth and commitment to innovative thematic and income-generating strategies. Cboe Canada, as a significant hub for ETF activity, plays a vital role in facilitating trading for Canadian-listed securities, accounting for approximately 15% of the total volume traded.
Collaboration and Future Prospects
Victor Werny, Head of North American ETP Listings at Cboe Global Markets, expressed enthusiasm about Global X's latest ETF debut, highlighting their prowess in creating accessible investment avenues for sophisticated strategies. This collaboration signifies a promising future for bringing new and innovative investment solutions to the market.
Seizing the Opportunity
Excited to explore these new ETFs? Dive into the action by accessing them through standard brokerage platforms across Canada. Don't miss out on the chance to leverage these innovative investment opportunities and stay ahead in the ever-evolving world of finance!
Remember, the key to successful investing lies in staying informed and seizing opportunities when they arise. Happy investing!
CFTC
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How To
Investing in gold or stocks
It might seem risky to invest in gold as an investment vehicle these days. This is because many people believe that gold investment is no longer profitable. This belief is due to the fact that many people see gold prices dropping because of the global economy. They feel that gold investment would cause them to lose money. In reality, however, there are still significant benefits that you can get when investing in gold. Let's take a look at some of the benefits.
Gold is the oldest known form of currency. There are thousands of records that show gold was used over the years. It was used by many people around the globe as a currency store. Even today, countries such as South Africa continue to rely heavily on it as a form of payment for their citizens.
Consider the price per gram when you decide whether you should invest in or not. If you're interested in buying gold bullion, it is crucial that you decide how much per gram. If you don't know your current market rate, you could always contact a local jeweler and ask them what they think the price is.
It is also worth noting that although gold prices have declined recently, the cost of producing gold has increased. So, although gold prices have declined in recent years, the cost of producing it has not changed.
The amount of gold that you are planning to purchase is another important consideration when deciding whether or not gold should be bought. It is sensible to avoid buying gold if you are only looking to cover the wedding rings. But, if your goal is to make long-term investments in gold, this might be worth considering. Selling your gold at a higher value than what you bought can help you make money.
We hope our article has given you a better understanding of gold as an investment tool. Before making any investment decisions, we strongly advise that you thoroughly research all options. Only after you have done this can you make an informed choice.
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