Global X - US Large Cap Equity Covered Call - ETF

USCC provides exposure to US large-cap companies by holding shares of the Horizon US large cap Index ETF (HULC.U) and writing near-term call options against the S&P 500 Index. The funds objective is to generate monthly USD distributions in the form of dividends and/or call option income. The underlying stocks are the largest (in terms of market-cap) and most liquid companies listed on the NYSE or NASDAQ. In order to mitigate risks and generate income, the fund will generally write covered call options on 100% of the value of the portfolio and may vary based on market volatility and other factors. Prior to June 27, 2022 the fund traded under the name of Horizons Enhanced Income Equity ETF, using the ticker HEA.