TSX:BKCL (Global X Enhanced Equal Weight Canadian Banks Covered Call ETF)

The ETF seeks to provide, to the extent reasonably possible and net of expenses: (a) exposure to the performance of an index of equalweighted equity securities of diversified Canadian banks (currently, the Solactive Equal Weight Canada Banks Index); and (b) high monthly distributions of dividend and call option income. To generate income, the ETF will be exposed to a dynamic covered call option writing program. The ETF will also employ leverage through cash borrowing and will generally endeavour to maintain a leverage ratio of approximately 125%. The ETF seeks to provide, to the extent reasonably possible and net of expenses exposure to the performance of an index of equal weighted equity securities of diversified Canadian banks.