Global X Enhanced All-In-One Commodity Producers Equity Covered Call ETF CMCLTSX

Global X Enhanced All-In-One Commodity Producers Equity Covered Call ETF owns energy, gold, copper, silver, lithium, and uranium producers, mostly through other Global X covered-call funds. It borrows about 25% in cash to run near 1.25x. Covered calls on a portion of the book, plus the underlying dividends, fund a semi-monthly distribution. The 0.85% MER is expensive beside a plain equity ETF. Leverage cuts both ways in a sector that already swings. Commodity producers with calls and a bit of borrowed money.