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Global X NASDAQ 100 Risk Managed Income ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index. The fund invests at least 80% of its total assets in the securities of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index ("underlying index"). The underlying index measures the performance of a risk managed income strategy that holds the underlying stocks of the NASDAQ 100 Index and applies an options collar strategy (i.e., a mix of short (sold) call options and long (purchased) put options) on the NASDAQ 100 Index. The fund is non-diversified. |
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