EQCL
Asset Allocation, Meet Covered Calls & Leverage
Investment Objective: EQCL seeks to provide a combination of a high level of income and long-term capital growth, primarily by investing, directly or indirectly, in exchange traded funds that provide exposure to a globally diversified portfolio of equity securities. To generate premiums, EQCL will be exposed to a dynamic covered call option writing program.
EQCL will also employ leverage (not to exceed the limits on use of leverage described under “Investment Strategies”) through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%.
Fund Details
Ticker
EQCL
Inception Date
October 10, 2023
Net Assets ?
$33,396,890
As at April 01, 2025
Consolidated Prior Day Volume ?
56 785
For April 01, 2025
Average Daily Trading Volume Over a 12 Month Period ?
13,209
As at April 01, 2025
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.75%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A (New ETF)
Currency
CAD
Currency Hedging
No
LEI ?
894500DOEPOZH7QV0S84
Distribution Metrics
Most Recent Distributions Per Unit
$0.22500
12-Month Trailing Yield ?
11.03 %
Distribution Frequency
Monthly
Record Date
March 31, 2025
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons Enhanced All-Equity Asset Allocation Covered Call ETF | -0.89 | 3.64 | 12.63 | 3.73 | 20.35 | -- | -- | -- | 24.19 |
**Fund performance since inception on October 10, 2023, as at February 28, 2025
Calendar Year Performance (%) *
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Enhanced All-Equity Asset Allocation Covered Call ETF |
-- | -- | -- | -- | -- | -- | -- | 24.04 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2025 | 03/31/2025 | 03/31/2025 | 04/07/2025 | 0.225 | — | Monthly |
| 2025 | 02/28/2025 | 02/28/2025 | 03/07/2025 | 0.225 | — | Monthly |
| 2025 | 01/31/2025 | 01/31/2025 | 02/07/2025 | 0.225 | — | Monthly |
| 2024 | 12/31/2024 | 12/31/2024 | 01/08/2025 | 0.21 | — | Monthly |
| 2024 | 11/29/2024 | 11/29/2024 | 12/06/2024 | 0.21 | — | Monthly |
| 2024 | 10/31/2024 | 10/31/2024 | 11/07/2024 | 0.21 | — | Monthly |
| 2024 | 09/27/2024 | 09/27/2024 | 10/07/2024 | 0.21 | — | Monthly |
| 2024 | 08/30/2024 | 08/30/2024 | 09/09/2024 | 0.21 | — | Monthly |
| 2024 | 07/31/2024 | 07/31/2024 | 08/08/2024 | 0.21 | — | Monthly |
| 2024 | 06/28/2024 | 06/28/2024 | 07/08/2024 | 0.21 | — | Monthly |
| 2024 | 05/31/2024 | 05/31/2024 | 06/07/2024 | 0.21 | — | Monthly |
| 2024 | 04/29/2024 | 04/30/2024 | 05/07/2024 | 0.21 | — | Monthly |
| 2024 | 03/27/2024 | 03/28/2024 | 04/05/2024 | 0.195 | — | Monthly |
| 2024 | 02/28/2024 | 02/29/2024 | 03/07/2024 | 0.195 | — | Monthly |
| 2024 | 01/30/2024 | 01/31/2024 | 02/07/2024 | 0.195 | — | Monthly |
| 2023 | 12/28/2023 | 12/29/2023 | 01/08/2024 | 0.195 | — | Monthly |
| 2023 | 11/29/2023 | 11/30/2023 | 12/07/2023 | 0.195 | — | Monthly |
| 2023 | 10/30/2023 | 10/31/2023 | 11/07/2023 | 0.195 | — | Monthly |
Top 10 Holdings
As at April 01, 2025| Security Name | Weight |
|---|---|
| GLOBAL X S&P 500 COVERED CALL ETF | 43.47% |
| GLOBAL X MSCI EAFE COVERED CALL ETF | 33.34% |
| GLOBAL X S&P/TSX 60 COVERED CALL ETF | 25.71% |
| GLOBAL X MSCI EMERGING MARKETS COVERED CALL ETF/TO RONTO | 10.30% |
| GLOBAL X NASDAQ 100 COVERED CALL ETF/CANADA | 8.50% |
| GLOBAL X RUSSELL 2000 COVERED CALL ETF/CANADA | 5.20% |
Holdings are subject to change. Download full prior business day: Holdings
At a Glance
Asset Allocation, Meet Covered Calls & Leverage
Investment Objective: EQCL seeks to provide a combination of a high level of income and long-term capital growth, primarily by investing, directly or indirectly, in exchange traded funds that provide exposure to a globally diversified portfolio of equity securities. To generate premiums, EQCL will be exposed to a dynamic covered call option writing program.
EQCL will also employ leverage (not to exceed the limits on use of leverage described under “Investment Strategies”) through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%.
Product Facts
Fund Details
Ticker
EQCL
Inception Date
October 10, 2023
Net Assets ?
$33,396,890
As at April 01, 2025
Consolidated Prior Day Volume ?
56 785
ForApril 01, 2025
Average Daily Trading Volume Over a 12 Month Period ?
13,209
As at April 01, 2025
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.75%
(Plus applicable sales tax)
Management Expense Ratio ?
N/A (New ETF)
Currency
CAD
Currency Hedging
No
LEI ?
894500DOEPOZH7QV0S84
Distribution Metrics
As at April 01, 2025
Most Recent Distributions Per Unit
0.225
12-Month Trailing Yield ?
11.03 %
Distribution Frequency
Monthly
Record Date
March 31, 2025
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Performance & Distributions
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons Enhanced All-Equity Asset Allocation Covered Call ETF | -0.89 | 3.64 | 12.63 | 3.73 | 20.35 | -- | -- | -- | 24.19 |
**Fund performance since inception on October 10, 2023, as at February 28, 2025
Calendar Year Performance (%)
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Enhanced All-Equity Asset Allocation Covered Call ETF | -- | -- | -- | -- | -- | -- | -- | 24.04 |
Distributions
| Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
|---|---|---|---|---|---|---|
| 2025 | 03/31/2025 | 03/31/2025 | 04/07/2025 | 0.225 | Monthly | |
| 2025 | 02/28/2025 | 02/28/2025 | 03/07/2025 | 0.225 | Monthly | |
| 2025 | 01/31/2025 | 01/31/2025 | 02/07/2025 | 0.225 | Monthly | |
| 2024 | 12/31/2024 | 12/31/2024 | 01/08/2025 | 0.21 | Monthly | |
| 2024 | 11/29/2024 | 11/29/2024 | 12/06/2024 | 0.21 | Monthly | |
| 2024 | 10/31/2024 | 10/31/2024 | 11/07/2024 | 0.21 | Monthly | |
| 2024 | 09/27/2024 | 09/27/2024 | 10/07/2024 | 0.21 | Monthly | |
| 2024 | 08/30/2024 | 08/30/2024 | 09/09/2024 | 0.21 | Monthly | |
| 2024 | 07/31/2024 | 07/31/2024 | 08/08/2024 | 0.21 | Monthly | |
| 2024 | 06/28/2024 | 06/28/2024 | 07/08/2024 | 0.21 | Monthly | |
| 2024 | 05/31/2024 | 05/31/2024 | 06/07/2024 | 0.21 | Monthly | |
| 2024 | 04/29/2024 | 04/30/2024 | 05/07/2024 | 0.21 | Monthly | |
| 2024 | 03/27/2024 | 03/28/2024 | 04/05/2024 | 0.195 | Monthly | |
| 2024 | 02/28/2024 | 02/29/2024 | 03/07/2024 | 0.195 | Monthly | |
| 2024 | 01/30/2024 | 01/31/2024 | 02/07/2024 | 0.195 | Monthly | |
| 2023 | 12/28/2023 | 12/29/2023 | 01/08/2024 | 0.195 | Monthly | |
| 2023 | 11/29/2023 | 11/30/2023 | 12/07/2023 | 0.195 | Monthly | |
| 2023 | 10/30/2023 | 10/31/2023 | 11/07/2023 | 0.195 | Monthly |
Holdings
Top 10 Holdings
As at April 01, 2025| Security Name | Weight |
|---|---|
| GLOBAL X S&P 500 COVERED CALL ETF | 43.47% |
| GLOBAL X MSCI EAFE COVERED CALL ETF | 33.34% |
| GLOBAL X S&P/TSX 60 COVERED CALL ETF | 25.71% |
| GLOBAL X MSCI EMERGING MARKETS COVERED CALL ETF/TO RONTO | 10.30% |
| GLOBAL X NASDAQ 100 COVERED CALL ETF/CANADA | 8.50% |
| GLOBAL X RUSSELL 2000 COVERED CALL ETF/CANADA | 5.20% |
Holdings are subject to change. Download full prior business day: Holdings
