Global X - NASDAQ-100 Covered Call - ETF

The fund aims to provide exposure to the largest domestic and international non-financial firms listed on NASDAQ through the NASDAQ-100 Index. The funds primary focus is on generating monthly distribution of dividends and call option income in US dollars. It invests in a portfolio of large-cap firms, including ETFs, based on the index. The portfolio is adjusted quarterly by the fund manager in response to market movements. With the goal of managing risk and producing more income, the fund employs a covered call strategy that involves writing call options on up to 50% of its portfolio. This strategy includes investments in Covered Call ETFs, providing a hedge against declines and potentially yielding additional profits. Furthermore, investors should be aware that the funds use of covered call options may limit its potential gains. Prior to June 27, 2022, the fund traded under the name Horizons Enhanced Income International Equity ETF and the symbol HEJ.