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First Asset Tech Giants Covered Call ETF (TSX: TXF)

This ETF is run by First Asset Investment Management. It provides exposure to the 25 largest high-tech companies listed on the New York Stock Exchange and Nasdaq. That includes names like Apple, Alphabet (which is the parent company of Google), Yahoo, Cisco Systems, IBM, Microsoft, Facebook, etc.


Income Investor

Over the past year, investors have received four quarterly distributions for a total of $1.848. But the market price of the units dropped from $22.47 to $14.36, a loss of $8.11. That translates into a net loss of almost 28% over the period. - Gordon Pape

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Interactive Performance Chart

TXF was first recommended here on April 24, 2017