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  5. ENCC: I'm leaning towards emax in a cash account to diversify with the US holdings even though encc has a higher yield. [Global X Canadian Oil and Gas Equity Covered Call ETF]

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Q: I'm leaning towards emax in a cash account to diversify with the US holdings even though encc has a higher yield.

What are the tax implications of emax vs. encc.

emax writes in the money options on 30% of the holdings
I cannot find this data for encc

Thank you
Asked by JACK on August 13, 2024
5i Research Answer:
EMAX is too new and we do not have full tax info. ETFs 'pass through' taxes to unit holders, and...
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