Global X Nasdaq 100 Covered Call UCITS ETF

The Global X Nasdaq 100 Covered Call UCITS ETF is an exchange-traded fund that employs a covered call strategy on the Nasdaq 100 Index. It holds the stocks comprising the Nasdaq 100, which features leading technology and growth companies such as NVIDIA, Apple, and Microsoft, while simultaneously writing call options on the same index to generate income from option premiums. This approach seeks to track the CBOE Nasdaq-100 BuyWrite V2 Index, aiming to provide exposure to the Nasdaq 100's performance alongside enhanced yield, particularly in volatile markets, through monthly distributions. As a UCITS-compliant ETF, it adheres to stringent European Union regulations, including diversification rules like the 5/10/40 rule, asset segregation by an independent custodian, liquidity requirements, and limits on leverage and derivatives to protect investors. These features ensure transparency, risk management, and eligibility for marketing across Europe and beyond. The fund plays a key role in income-focused strategies within equity markets, offering Nasdaq 100 participation with reduced volatility via its beta of around 0.73 and income generation capabilities.