Global X Gold Producer Equity Covered Call ETF (HEPZF), formerly known as Horizons Gold Producer Equity Covered Call ETF (GLCC:TSX) and Horizons Enhanced Income Gold Producers ETF, is an exchange-traded fund managed by Global X Investments Canada Inc. that seeks exposure to the performance of an index of equity securities of diversified North American-listed gold producers, principally the Solactive North American Listed Gold Producers Index; monthly distributions of dividend and call option income; and downside risk mitigation through a dynamic covered call option writing program on up to approximately 50% of its portfolio value. The ETF invests in an equal-weighted portfolio of equity and equity-related securities of the largest and most liquid North American gold mining and exploration companies, such as Agnico Eagle Mines Ltd., Gold Fields Ltd., Barrick Gold Corp., Newmont Corp., and Kinross Gold Corp., with semi-annual rebalancing on constituent reset dates; it may also include exposure to precious metals other than gold and does not hedge U.S. dollar exposure. Units trade on the Toronto Stock Exchange under GLCC and over-the-counter in the U.S. under HEPZF, targeting investors seeking income and sector-specific growth in the materials industry, particularly gold producers across Canada, the United States, and select global markets.
Launched on April 11, 2011, the ETF is headquartered in Toronto, Ontario, at 55 University Avenue, Suite 800, under the management of Global X Investments Canada Inc., a subsidiary of Mirae Asset Global Investments following the 2011 acquisition of Horizons ETFs Management (Canada) Inc.. In June 2022, the ETF underwent a major strategic update, changing its investment objective, name from Horizons Enhanced Income Gold Producers ETF, and ticker to align with enhanced covered call strategies across Horizons' suite; this included approvals from unitholders and implementation effective June 24-27, 2022.. Most recently, in May 2024, Horizons ETFs Management (Canada) Inc. rebranded to Global X Investments Canada Inc., with no changes to operations, personnel, or ETF responsibilities, reflecting ongoing evolution under Mirae Asset while maintaining over $265 million in net assets as of December 31, 2023.. The ETF continues to deliver consistent monthly distributions derived from option premiums and dividends, with an annualized yield of approximately 7.57% as of December 2025, amid assets under management growth for the provider to over $30 billion..