Global X NASDAQ 100 Covered Call UCITS ETF

The Global X NASDAQ 100 Covered Call UCITS ETF is an exchange-traded fund designed to provide exposure to the performance of the Nasdaq-100 Index while generating additional income through a covered call strategy. This ETF replicates the performance of the CBOE NASDAQ-100 BuyWrite V2 UCITS Index by holding positions in the Nasdaq-100 constituent stocks and systematically writing call options on the index. The fund’s primary aim is to offer investors equity market participation from leading US technology and growth companies with an added focus on enhanced income, driven by the premiums collected from the call options sold each month. A notable feature of this ETF is its monthly income distribution, making it attractive to those seeking regular cash flows. The fund employs synthetic replication via swaps and maintains a total expense ratio of 0.45%. By combining equity exposure with an options overlay, the ETF typically offers lower volatility relative to the underlying index and appeals to investors interested in income-oriented strategies within the large-cap US equity market segment. The Global X NASDAQ 100 Covered Call UCITS ETF plays a specialized role in income generation and risk-managed equity exposure.