Global X Nasdaq 100 Covered Call UCITS ETF D

Global X Nasdaq 100 Covered Call UCITS ETF D is an exchange-traded fund designed to provide investors with exposure to large-cap US technology and growth companies. Its primary function is to track the Cboe Nasdaq-100 BuyWrite index, which implements a covered call strategy by holding equities from the Nasdaq 100 and systematically selling call options on those holdings. This approach aims to generate additional income through option premiums while maintaining long exposure to the underlying stocks, resulting in a distinctive blend of equity and option-derived returns. The ETF is notable for its synthetic replication method, using unfunded swaps to mirror the index's performance rather than directly owning all underlying securities. With assets under management of approximately 482 million euros and a total expense ratio of 0.45% per annum, the fund distributes dividends to investors monthly. By combining equity growth potential with income generation, Global X Nasdaq 100 Covered Call UCITS ETF D serves as a unique vehicle for portfolio diversification and income-focused strategies within the broader equity ETF market, particularly targeting the US technology sector.