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NSCC

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1d
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1m

Analysis and statistics

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About

NSCC.TO represents the Horizons Nasdaq 100 Covered Call ETF. This ETF seeks to provide a high level of income by investing primarily in securities of the NASDAQ 100 Index and writing covered call options on a portion of the portfolio. Essentially, it aims to generate income (premiums from the options) on top of the potential returns from holding the Nasdaq 100 stocks, while also limiting potential upside growth. The ETF is listed on the Toronto Stock Exchange (TSX) under the ticker symbol NSCC.TO.
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Factors

Fund NAV: NSCC.TO's price closely tracks its Net Asset Value (NAV), which reflects the value of its underlying holdings.

Supply and Demand: Market forces of buying and selling pressure influence the ETF's price, independent of its NAV.

Commodity Prices: Since NSCC.TO tracks specific commodities, fluctuations in those commodity prices directly affect the ETF's value.

Currency Exchange Rates: As NSCC.TO may hold assets denominated in other currencies, exchange rate movements impact the ETF's price when converted back to CAD.

Interest Rates: Changes in interest rates can affect commodity valuations and overall market sentiment, indirectly impacting NSCC.TO's price.

Economic Conditions: Broad economic factors like inflation, growth, and geopolitical events can influence commodity demand and prices, thus affecting NSCC.TO.

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