Global X NASDAQ 100 Risk Managed Income ETF
Overview
The Global X NASDAQ 100 Risk Managed Income ETF (Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 Net Credit Collar Index (Underlying Index). The Fund invests at least 80% of its total assets in the securities of the Nasdaq-100 Net Credit Collar Index (Underlying Index). The Fund’s 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. 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.