Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF

ENCL.TO

The fund aims to provide leveraged and covered call exposure to an equally weighted index of broad crude oil and natural gas companies. To obtain exposure to the underlying index, ENCL either directly holds constituent securities of the index or invests in shares of related ETFs. The fund employs approximately 125% leverage through cash borrowing. ENCL also uses a covered call strategy, typically… read more