Q: Your opinion please of this new Global X ETF.
5i Research Answer:
EQCC could be a decent income option. It owns a portfolio of Global X Covered Call ETFs and aims to provide all-equity exposure to a geographic and industry diversified portfolio. The management fee is 0.49% which is OK. We will want to give it some time to see how performance is while its net asset base is very small currently. The strategy could offer attractive income with growth upside while being highly diversified.