Global X MSCI Emerging Markets Covered Call ETF (EMCC) is an exchange-traded fund that seeks to provide exposure to emerging markets equities while generating enhanced monthly income through a covered call options strategy; it invests primarily in stocks of companies operating across diversified sectors in global emerging markets via direct holdings, derivatives including FLEX call options, and other funds; the fund writes at-the-money call options covering 100% of its portfolio notional value with monthly expirations, benchmarking performance against the MSCI Emerging Markets Index. Launched on May 21, 2024 and domiciled in Canada, EMCC is managed by Global X Investments Canada Inc., headquartered in Toronto, and trades on Cboe Canada. The ETF targets growth and value stocks across all market capitalizations in regions such as Asia, Latin America, and other emerging economies, appealing to income-focused investors seeking emerging markets diversification with premium income from options overlays.
In May 2024, EMCC launched as part of Global X Investments Canada Inc.'s broader expansion following its rebrand from Horizons ETFs, which included the debut of multiple new covered call and enhanced covered call ETFs tracking MSCI indices; this coincided with strengthened partnerships, including ongoing collaboration with Cboe Canada for listings and integrations with leading index providers like MSCI. Subsequent developments encompassed additional suite expansions in late 2024 and 2025, such as the November 2024 launch of nine new ETFs forming the Best of Canada suite and completing Premium Yield offerings, alongside 11 further ETFs in May 2025 including international defence and Bitcoin-related products. These initiatives, coupled with consistent monthly distributions—as announced for November 2025 at $0.18000 per unit—underscore EMCC's role within Global X's growing ecosystem of over 50 innovative ETFs emphasizing income, thematic, and sector strategies for Canadian investors.