Global X S&P 500 Covered Call UCITS ETF USD Dist

The Funds investment objective is to generate returns that closely correspond, before fees and expenses, generally to the price and yield performance of the Cboe S&P 500 BuyWrite 15% WHT Index (the Index). The Fund follows a buy-write (also called a covered call) investment strategy in which the Fund buys an equity security or a basket of equity securities, and also sells corresponding call options. The strategy will generate income in the form of options premium while potentially limiting the increase in equity value of the basket of securities, if options are exercised.