GLOBAL X NASDAQ-100 COVERED CALL ETGLOBAL X NASDAQ-100 COVERED CALL ETGLOBAL X NASDAQ-100 COVERED CALL ET

GLOBAL X NASDAQ-100 COVERED CALL ET

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪244.23 M‬CAD
Fund flows (1Y)
‪57.60 M‬CAD
Dividend yield (indicated)
10.14%
Discount/Premium to NAV
0.3%

About GLOBAL X NASDAQ-100 COVERED CALL ET


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.86%
Inception date
Sep 13, 2011
Index tracked
No Underlying Index
Management style
Active
The fund aims to provide exposure to the largest domestic and international non-financial firms listed on NASDAQ through the NASDAQ-100 Index. The funds primary focus is on generating monthly distribution of dividends and call option income in US dollars. It invests in a portfolio of large-cap firms, including ETFs, based on the index. The portfolio is adjusted quarterly by the fund manager in response to market movements. With the goal of managing risk and producing more income, the fund employs a covered call strategy that involves writing call options on up to 50% of its portfolio. This strategy includes investments in Covered Call ETFs, providing a hedge against declines and potentially yielding additional profits. Furthermore, investors should be aware that the funds use of covered call options may limit its potential gains. Prior to June 27, 2022, the fund traded under the name Horizons Enhanced Income International Equity ETF and the symbol HEJ.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Buy-write
Weighting scheme
Fixed
Selection criteria
Fixed

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of October 31, 2024
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF100.15%
Cash0.35%
Rights & Warrants−0.50%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows