Global X Nasdaq 100 ESG Covered Call ETF
Overview
The Global X Nasdaq 100 ESG Covered Call ETF (Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 ESG BuyWrite Index (Underlying Index) The Fund invests at least 80% of its net assets, plus borrowings for investment purposes (if any), in the securities of the Nasdaq-100 ESG BuyWrite Index (the ‘Underlying Index’). The Fund’s 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Underlying Index seeks to provide long exposure to an equity portfolio that applies a set of specific Environmental, Social and Governance (ESG) criteria as part of its security selection process, while also selling call options generally associated with such exposure.