The Fund seeks to generate income by replicating a buy-write index via premiums received from selling covered calls.
Potential Risk Reduction
Through its covered call strategy, the Fund has the potential to reduce portfolio volatility.
Monthly Distributions
The Fund seeks to make distributions on a monthly basis (Distributing Share Class only).
Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
ETF Summary
The Global X DAX Covered Call UCITS ETF (DYLD GY) follows a synthetic strategy,
in which the Fund seeks to replicate a buy-write index by selling covered calls,
with underlying equity exposure designed to match constituents of the DAX Index.
ETF Objective
The Global X DAX Covered Call UCITS ETF (DYLD GY) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the of the DAX Covered Call ATM Index.
Regulatory
SFDR Classification
Article 6
UCITS Compliant
Yes
ISA Eligibility
Yes
SIPP Eligibility
Yes
UK Reporting Status
No
Authorized Participants & Market Makers
Citigroup Global Markets, DRW Europe BV, Flow Traders BV, GHCO LLP, HSBC Bank PLC, Jane Street Financial Ltd, Mirae Asset Securities UK Ltd, Societe Generale SA, Susquehanna Intl Ltd, Virtu Financial Ireland Ltd, JP Morgan Securities PLC