Horizons Enhanced Income US Equity (USD) - Class E 

The Global X S&P 500 Covered Call ETF (USCC-U.TO) provides investors with a way to access the performance of prominent and highly liquid U.S. large-capitalization companies. Its primary aim is to generate income by routinely writing covered call options, a strategy that has historically delivered robust yields, especially during periods of market volatility. It's important to note that while this approach helps produce income, it can cap the potential for significant capital appreciation from the underlying securities. The fund is structured to offer a consistent monthly income stream, complemented by opportunities for capital growth. Specifically, USCC.U seeks to track the large-cap segment of the U.S. equity market and distributes monthly U.S. dollar income derived from both dividends and option premiums. To manage downside risk and enhance income, the ETF implements a dynamic covered call option writing program. Notably, USCC.U does not hedge its exposure to the U.S. dollar back to the Canadian dollar.