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Global X Dow 30 Covered Call & Growth ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe DJIA Half BuyWrite Index. The fund invests at least 80% of its total assets in the securities of the index. The index measures the performance of a partially covered call strategy that holds a theoretical portfolio of the underlying stocks of the Dow Jones Industrial Average (the "Reference index"), and "writes" (or sells) a succession of one-month at-the-money covered call options on the Reference index. The fund is non-diversified. |
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