Global X NASDAQ 100 Covered Call UCITS ETF Acc

The fund aims to generate returns that closely correspond to the price and yield performance of the CBOE NASDAQ-100® BuyWrite V2 UCITS Index, passively managed by using a swap agreement with an approved counterparty.

The fund follows a "buy-write" investment strategy by investing in global equities and equity related securities that mirror the component equity securities of the NASDAQ-100® Index. It also sells corresponding call options on the Reference Index to generate income in the form of options premium.

The fund is categorized as high risk (category 6) due to the volatility of the underlying investments. Key risk factors include currency risk, derivatives risk, equities risk, swaps counterparty risk, and covered call option writing risk. There is no capital guarantee or protection offered by the fund.

https://www.globalxetfs.com/funds/qyld/