Global X Enhanced MSCI EAFE Covered Call ETF
Global X Enhanced MSCI EAFE Covered Call ETF
ETF · CA37962D1096 (NEOE)
Overview
No Price
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Company Profile for Global X Enhanced MSCI EAFE Covered Call ETF ETF
The fund aims to provide leveraged and covered call exposure to the MSCI EAFE Index, which comprises equity securities from developed markets outside North America. To obtain exposure, the fund may either directly hold constituent securities of the index or invest in shares of related ETFs. The fund employs approximately 125% leverage through cash borrowing. The fund also uses a dynamic covered call strategy, typically writing exchange-traded or over-the-counter index calls on approximately 50% of the portfolio value. Although it provides hedging protection and generates premiums, the use of a covered call strategy may cap the fund's potential gains. Additionally, the fund may hold cash equivalents or money market instruments to meet its obligations.
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Company Data

Name Global X Enhanced MSCI EAFE Covered Call ETF
Company Global X Enhanced MSCI EAFE Covered Call ETF
Primary Exchange NEOE NEO-L
ISIN CA37962D1096
Asset Class ETF
Sector Financial Services
Currency CAD
Employees -
IPO Date 2024-05-29
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