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Passive Income InvestingBULLUSCL's modest (about 25%) leverage paired with covered-call option selling is argued to produce total returns and volatility broadly comparable to holding the underlying S&P 500 (VFV), while the non-covered leveraged version is treated as more purely “riskier” versus the baseline.9d agoPassive Income InvestingBULLUSCL’s small distribution reduction is treated as a minor, likely temporary fluctuation (with the expectation it could revert in a later month).16d agoPassive Income InvestingBULLUSCL is framed as the better holding versus US-listed Nasdaq 100 covered-call funds for Canadians because it avoids the headline 15% foreign withholding-tax clipping you’d otherwise face on the US-listed product structure.21d ago"USCL's modest (about 25%) leverage paired with covered-call option selling is argued to produce total returns and volatility broadly comparable to holding the underlying S&P 500 (VFV), while the non-covered leveraged version is treated as more purely “riskier” versus the baseline."
"USCL’s small distribution reduction is treated as a minor, likely temporary fluctuation (with the expectation it could revert in a later month)."
"USCL is framed as the better holding versus US-listed Nasdaq 100 covered-call funds for Canadians because it avoids the headline 15% foreign withholding-tax clipping you’d otherwise face on the US-listed product structure."