S&P/ASX 200 Covered Call ETF - Global X ETFs - Australia
Australia
Search

AYLD

S&P/ASX 200 Covered Call ETF

Invest in AYLD
Overview Performance Holdings & Characteristics Research Documents Announcements FAQs

Reasons to Consider AYLD

High Income Potential

AYLD seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.

Efficient Options Execution

AYLD writes call options on the S&P/ASX 200 Index, saving investors the time and potential expense of doing so individually.

Potential Downside Mitigation

The premiums AYLD generates may partly cushion drawdowns.

Product Information As of 23 Apr 2024

Inception Date 30 Jan 2023
Management Costs (% p.a.) 0.60
Currency Hedged No
Domicile Australia
Legal Form Managed Investment Scheme
SMSF Eligible Yes

NAV Information As of 23 Apr 2024

NAV/Unit (A$) 10.28190000
Currency (NAV) AUD
Shares Outstanding 2,750,586
AUM (A$) 28,281,200.38
NAV History File View

Product Summary

The Global X S&P/ASX 200 Covered Call ETF (AYLD) uses a “covered call” or “buy-write” strategy in an effort to generate yield enhancement over and above dividends and franking. As part of this, the fund holds the constituents of the S&P/ASX 200 Index while selling at-the money1, call options on the same index on a quarterly basis.

[1] If at-the money options are unavailable, the fund will sell nearest out-of-the-money call options.

Product Objective

AYLD aims to provide investors with a return that, before fees and expenses, tracks the performance of the S&P/ASX BuyWrite Index. The S&P/ASX BuyWrite Index measures the total return of a hypothetical “covered call” strategy applied to the S&P/ASX 200 Index. The index is made of two primary components: a “long” S&P/ASX 200 Index component, and a “short” Covered Call Option component. The two components are held in equal notional amounts.

Trading Details

Ticker AYLD
Bloomberg Code AYLD AU Equity
ISIN AU0000251878
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Management (AUS) Limited
Custodian The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch
Registrar Computershare Investor Services Pty Limited
Trustee Global X Management (AUS) Limited

Benchmark Information

Benchmark S&P/ASX BuyWrite Index
Provider S&P Dow Jones Indices, LLC.

Distributions As of 28 Mar 2024

12-Month Yield 9.94%
12-Month Franking Level 11.32%
Distribution Frequency Quarterly
Distribution History View

Performance Table As of 23 Apr 2024

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 0.10% 0.14% -0.03% 0.05%
3 Months 3.56% 3.74% -0.18% 0.11%
1 Year 12.40% 12.78% -0.38% 0.38%
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception p.a. 11.18% 11.59% -0.42% 0.43%

Top Holdings As of 26 Apr 2024

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
10.22 BHP GROUP LTD 6144690 45.23 67,411 3,049,000
8.58 COMMONW BK AUSTR 6215035 115.00 22,273 2,561,395
5.99 CSL LTD 6185495 278.45 6,423 1,788,484
4.71 NATL AUST BANK 6624608 34.00 41,373 1,406,682
4.08 WESTPAC BANKING 6076146 26.19 46,525 1,218,490
3.82 ANZ GROUP HOLDIN 6065586 28.54 39,944 1,140,002
3.31 WESFARMERS LTD 6948836 65.50 15,092 988,526
2.99 MACQUARIE GROUP B28YTC2 187.56 4,761 892,973
2.42 WOODSIDE ENERGY BMGT167 28.57 25,250 721,393
2.41 GOODMAN GROUP B03FYZ4 31.36 22,976 720,527
2.14 RIO TINTO LTD 6220103 129.38 4,938 638,878
1.89 TELSTRA GROUP LT 6087289 3.67 153,648 563,888
1.87 FORTESCUE LTD 6086253 24.76 22,505 557,224
1.78 TRANSURBAN GROUP 6200882 12.90 41,075 529,868
1.75 WOOLWORTHS GROUP 6981239 32.07 16,244 520,945
1.18 QBE INSURANCE 6715740 17.79 19,866 353,416
1.17 ARISTOCRAT LEISU 6253983 41.07 8,495 348,890
1.12 SANTOS LTD 6776703 7.75 43,174 334,599
1.06 JAMES HARDIE-CDI B60QWJ2 54.72 5,792 316,938
0.97 COLES GROUP LTD BYWR0T5 16.32 17,798 290,463
0.93 COCHLEAR LTD 6211798 319.99 869 278,071
0.92 SUNCORP GROUP LT 6585084 16.20 16,892 273,650
0.89 BRAMBLES LTD B1FJ0C0 14.40 18,505 266,472
0.76 NORTHERN STAR RE 6717456 14.88 15,282 227,396
0.76 RESMED INC-CDI 6221667 28.74 7,885 226,615
0.75 XERO LTD B8P4LP4 119.81 1,874 224,524
0.75 ORIGIN ENERGY 6214861 9.78 22,887 223,835
0.75 WISETECH GLOBAL BZ8GX83 91.59 2,438 223,296
0.73 SCENTRE GROUP BLZH0Z7 3.16 69,010 218,072
0.70 INSURANCE AUSTRA 6271026 6.53 31,938 208,555
0.70 COMPUTERSHARE LT 6180412 27.48 7,558 207,694
0.67 SOUTH32 LTD BWSW5D9 3.31 60,022 198,673
0.57 CAR GROUP LTD BW0BGZ3 34.19 5,011 171,326
0.57 SONIC HEALTHCARE 6821120 26.74 6,345 169,665
0.55 ASX LTD 6129222 63.99 2,573 164,646
0.53 MINERAL RESOURCE B17ZL56 68.82 2,293 157,804
0.49 PILBARA MINERALS B2368L5 3.86 37,634 145,267
0.49 LOTTERY CORP LTD BNRQW72 4.90 29,605 145,065
0.48 APA GROUP 6247306 8.46 17,061 144,336
0.47 STOCKLAND 6850856 4.39 31,670 139,031
0.45 QANTAS AIRWAYS 6710347 5.86 22,939 134,423
0.45 BLUESCOPE STEEL 6533232 22.76 5,901 134,307
0.45 NEWMONT CORP-CDI BRDVMB3 57.70 2,306 133,056
0.45 MEDIBANK PRIVATE BRTNNQ5 3.63 36,618 132,923
0.44 TREASURY WINE ES B61JC67 12.10 10,791 130,571
0.43 RAMSAY HEALTH 6041995 52.40 2,459 128,852
0.41 REA GROUP LTD 6198578 180.22 684 123,270
0.41 AMPOL LTD BM91201 38.77 3,167 122,785
0.39 SEEK LTD B0767Y3 24.95 4,711 117,539
0.39 ORICA LTD 6458001 18.31 6,409 117,349
0.38 NEXTDC LTD B5LMKP4 16.38 6,941 113,694
0.37 AMCOR PLC-CDI 6066608 13.81 8,077 111,543
0.37 MIRVAC GROUP 6161978 2.09 52,466 109,654
0.36 GPT GROUP 6365866 4.21 25,473 107,241
0.36 WASHINGTON H. SO 6821807 32.86 3,262 107,189
0.36 ALTIUM LTD 6167697 65.45 1,630 106,684
0.35 EVOLUTION MINING B3X0F91 3.97 26,408 104,840
0.34 DEXUS/AU B033YN6 7.18 14,300 102,674
0.33 VICINITY CENTRES BY7QXS7 1.94 51,458 99,571
0.33 ENDEAVOUR GROUP BNVS144 5.41 18,097 97,905
0.32 AURIZON HOLDINGS B87CVM3 3.94 24,479 96,447
0.30 JB HI-FI LTD 6702623 61.30 1,453 89,069
0.29 ALS LTD B86SZR5 13.37 6,438 86,076
0.28 WHITEHAVEN COAL B1XQXC4 7.57 11,131 84,262
0.28 STEADFAST GROUP BCT5FD7 5.67 14,667 83,162
0.27 WORLEY LTD 6562474 16.58 4,905 81,325
0.27 ATLAS ARTERIA BZ03TZ1 5.38 15,051 80,974
0.27 CLEANAWAY WASTE BYQ8KW7 2.71 29,634 80,308
0.27 SEVEN GROUP HOLD B432QW4 38.68 2,075 80,261
0.27 LYNAS RARE EARTH 6121176 6.38 12,439 79,361
0.26 QUBE HOLDINGS LT B1L4BC6 3.35 23,490 78,692
0.26 REECE LTD 6728801 27.71 2,835 78,558
0.25 AGL ENERGY LTD BSS7GP5 9.36 8,052 75,367
0.25 PRO MEDICUS LTD 6292782 107.92 693 74,789
0.25 CHARTER HALL GRO B15F6S6 11.80 6,288 74,198
0.25 BENDIGO AND ADEL 6091280 9.85 7,525 74,121
0.24 INCITEC PIVOT LT 6673042 2.77 25,823 71,530
0.22 IGO LTD 6439567 7.27 8,967 65,190
0.22 TECHNOLOGY ONE 6302410 16.12 3,985 64,238
0.21 VIRGIN MONEY-CDI BJXCLP7 4.09 15,056 61,579
0.20 IDP EDUCATION LT BDB6DD1 16.37 3,700 60,569
0.20 LENDLEASE GROUP 6512004 6.53 9,090 59,358
0.19 A2 MILK CO LTD BWSRTS7 5.94 9,614 57,107
0.19 CSR LTD 6238645 8.87 6,346 56,289
0.19 SANDFIRE RESOURC 6739739 9.17 6,077 55,726
0.19 METCASH LTD B0744W4 3.90 14,280 55,692
0.18 TELIX PHARMA BF7M092 14.88 3,705 55,130
0.18 RELIANCE WORLDWI BD1DM79 5.23 10,503 54,931
0.18 FISHER & PAYKEL 6423968 25.45 2,147 54,641
0.18 PALADIN ENERGY 6668468 13.72 3,968 54,441
0.18 BANK QUEENSLAND 6076243 6.17 8,728 53,852
0.18 BLOCK INC - CDI BMHJ8W1 117.08 452 52,920
0.17 VIVA ENERGY GROU BYQM3N1 3.52 14,323 50,417
0.16 FLIGHT CENTRE TR 6352147 20.75 2,364 49,053
0.16 ARCADIUM LIT-CDI BS715X9 6.10 7,996 48,776
0.16 NIB HOLDINGS LTD B28ZM60 7.56 6,431 48,618
0.16 ALUMINA LTD 6954985 1.56 31,249 48,592
0.15 HUB24 LTD BD4T5X1 40.44 1,079 43,635
0.14 ANSELL LTD 6286611 25.44 1,678 42,688
0.14 DOWNER EDI LTD 6465573 4.77 8,932 42,606
0.14 VENTIA SERVICES BNV08F0 3.73 11,371 42,414
0.14 WEBJET LTD 6015815 8.15 5,139 41,883
0.14 ILUKA RESOURCES 6957575 7.37 5,665 41,751
0.14 CHALLENGER LTD 6726300 6.84 6,024 41,204
0.14 AMP LTD 6709958 1.12 36,437 40,627
0.14 PERSEUS MINING B02FBC1 2.21 18,270 40,377
0.13 PREMIER INV LTD 6699781 29.70 1,335 39,650
0.13 ARB CORP LTD BWV03W5 38.56 1,027 39,601
0.13 CHORUS LTD B54F6S5 6.70 5,766 38,632
0.13 HARVEY NORMAN 6173508 4.57 8,449 38,612
0.13 ORORA LTD BH4TCW7 2.15 17,854 38,386
0.13 AUB GROUP LTD B0MBNC3 28.79 1,326 38,176
0.12 NATIONAL STORAGE BGP6479 2.19 16,831 36,860
0.12 LIFE360 INC-CDI BJMXQ67 13.41 2,717 36,435
0.12 PERPETUAL LTD 6682394 23.83 1,486 35,411
0.12 CHAMPION IRON LT BLD1SB3 6.76 5,170 34,949
0.11 BEACH ENERGY LTD 6088204 1.60 21,416 34,266
0.11 DOMINO'S PIZZA E B07SFG7 38.60 883 34,084
0.11 BREVILLE GROUP L 6158709 25.74 1,316 33,874
0.11 REGION RE LTD BPBMY63 2.19 15,446 33,827
0.11 NEUREN PHARMACEU B04LVF0 18.85 1,684 31,743
0.11 SUPER RETAIL GRO B01C7R0 14.88 2,132 31,724
0.10 BRICKWORKS LTD 6315593 27.08 1,150 31,142
0.10 LIONTOWN RESOURC B1J89V5 1.12 27,751 31,081
0.10 NEW HOPE CORP LT 6681960 4.53 6,859 31,071
0.10 NETWEALTH GROUP BF52PL1 19.94 1,557 31,047
0.10 RAMELIUS RESOURC 6586872 2.02 15,158 30,619
0.10 CHARTER HLW REIT BDB46J2 3.46 8,844 30,600
0.10 MEGAPORT LTD BZ5ZWZ3 14.29 2,114 30,209
0.10 HOMECO DAILY NEE BNC0NF4 1.23 23,761 29,107
0.10 EAGERS AUTO 6296201 12.67 2,287 28,976
0.10 LIGHT & WOND-CDI BMXNX11 146.45 197 28,851
0.09 DETERRA ROYALTIE BJP5T05 4.97 5,623 27,946
0.09 NINE ENTERTAINME BGQV183 1.52 18,333 27,866
0.09 DE GREY MINING 6534837 1.32 20,674 27,186
0.09 LOVISA HOLDINGS BT9PVP0 30.97 875 27,099
0.09 BELLEVUE GOLD LT BFZ31P0 1.73 15,658 27,010
0.09 NUFARM LTD 6335331 5.19 5,082 26,376
0.09 AUCKLAND AIRPORT BLRZSS8 7.21 3,626 26,143
0.09 CORPORATE TRAVEL B3R1D52 15.11 1,712 25,868
0.09 BAPCOR LTD BLD2CY7 5.73 4,513 25,859
0.09 GRAINCORP LTD-A 6102331 8.56 2,981 25,517
0.08 SIMS LTD B0LCW75 11.83 2,131 25,210
0.08 BOSS ENERGY LTD B1XLCQ6 4.61 5,433 25,046
0.08 EMERALD RESOURCE 6107381 3.41 7,244 24,702
0.08 NICKEL INDUSTRIE BZ7NDP2 0.88 27,928 24,577
0.08 PINNACLE INVESTM BD0F7H1 11.28 2,160 24,365
0.08 GENESIS MINERALS B23G0X1 1.77 13,723 24,221
0.08 TPG TELECOM LTD BMB2257 4.22 5,686 23,995
0.08 GOLD ROAD RESOUR B15F5K1 1.65 14,383 23,732
0.08 INGENIA COMMUNIT B84GSC7 4.71 4,985 23,479
0.08 CAPRICORN METALS BDD98W2 4.96 4,717 23,396
0.08 CENTURIA INDUSTR BD31FD8 3.25 7,092 23,049
0.08 CHARTER HALL RET 6225595 3.35 6,877 23,038
0.08 BWP TRUST 6127453 3.54 6,446 22,819
0.08 BORAL LTD 6218670 5.74 3,960 22,730
0.07 TABCORP HLDGS 6873262 0.73 30,356 22,160
0.07 REGIS RESOURCES 6476542 2.20 10,042 22,092
0.07 INSIGNIA FINANCI 6714394 2.46 8,838 21,741
0.07 WAYPOINT REIT BLBQ285 2.35 8,932 20,990
0.07 KAROON ENERGY LT B00SV00 1.97 10,662 20,951
0.07 IRESS LTD 6297497 8.58 2,439 20,927
0.07 PEXA GROUP LTD BMD0WJ3 11.81 1,721 20,325
0.07 HMC CAPITAL LTD BJRBL61 6.26 3,243 20,301
0.07 GUD HLDGS LTD 6358004 10.65 1,873 19,947
0.07 MAGELLAN FIN GRP B015YX4 9.16 2,166 19,841
0.07 RED 5 LTD 6367550 0.43 46,112 19,828
0.06 IPH LTD BS7K5S1 6.26 3,076 19,256
0.06 POLYNOVO LTD BSJBZM6 2.09 9,178 19,182
0.06 AUDINATE GROUP BZ9N3B6 18.31 1,016 18,603
0.06 CENTURIA CAPITAL 6518745 1.72 10,706 18,361
0.06 SITEMINDER LTD BLH35X6 5.63 3,243 18,258
0.06 LIFESTYLE COMMUN 6137195 11.95 1,503 17,961
0.06 MONADELPHOUS GRP 6600471 13.79 1,292 17,817
0.06 WEST AFRICAN RES B4KBBN0 1.30 13,650 17,677
0.06 SMARTGROUP CORP BNB5WS6 9.99 1,764 17,622
0.06 SILVER LAKE RESO B28RMY4 1.42 12,431 17,590
0.06 ELDERS LTD 6357852 8.39 2,094 17,569
0.06 NRW HOLDINGS LTD B23XW70 2.86 6,024 17,229
0.06 NEWS CORP- CDI B BD7SZP7 39.32 438 17,222
0.06 EVT LTD BDG0N49 12.16 1,403 17,060
0.06 ARENA REIT B99K263 3.61 4,721 17,043
0.06 INGHAMS GROUP LT BZCNHW2 3.62 4,694 16,992
0.05 JOHNS LYNG GROUP BYPHBX3 5.68 2,881 16,364
0.05 KELSIAN GROUP LT BPBKR80 5.61 2,901 16,275
0.05 HELIA GROUP LTD BP5HL07 4.05 3,999 16,196
0.05 DATA#3 LTD 6093015 7.70 2,055 15,824
0.05 BEGA CHEESE LTD B56CQJ5 4.20 3,603 15,133
0.05 CREDIT CORP GRP 6287658 16.55 905 14,978
0.05 COLLINS FOODS LT B6QCFP1 9.95 1,469 14,617
0.04 CORONADO GLOBAL BGV71W0 1.17 11,148 12,987
0.04 STAR ENTERTAINME BD5ZR98 0.40 32,004 12,802
0.04 SPARK NEW ZEALAN 6881500 4.32 2,939 12,696
0.04 STANMORE RESOURC B4KDPZ6 3.28 3,716 12,188
0.04 HEALIUS LTD BFZYRL1 1.25 9,651 12,064
0.04 CHARTER HALL SOC BHJVMY0 2.54 4,496 11,420
0.04 FLETCHER BLDG 6341617 3.53 3,230 11,402
0.03 NANOSONICS LTD B1WF979 2.76 3,783 10,441
0.03 DOMAIN HOLDINGS BF17Y13 3.02 3,359 10,144
0.03 STRIKE ENERGY LT B01NQF4 0.20 38,069 7,614
-1.93 AS51 6 C7700 145.70 -396 -576,972
Holdings are subject to change.

Sector Breakdown As of 26 Apr 2024

Sector Weight (%)
Financials 30.7
Materials 23.3
Health Care 9.7
Consumer Discretionary 7.2
Industrials 7.0
Real Estate 6.6
Energy 5.0
Consumer Staples 4.1
Communication Services 3.8
Information Technology 2.9
Utilities 1.5

Country Breakdown As of 26 Apr 2024

Country Weight (%)
Australia 96.3
United States 1.9
New Zealand 1.4
Ireland 1.1
Britain 0.6
Malaysia 0.3
Jersey 0.2
-1.9
Other/Cash 0.1

Research

Three Ways to Use an S&P/ASX 200 Covered Call ETF

Read More

How to Optimise Portfolio Income

Read More

How to Enhance Income Potential with Covered Call ETFs

Read More

Documents

FAQs

  • What is a covered call strategy?

    Covered calls are an investment strategy where investors buy a stock, or group of stocks, and sell call options on them. Selling call options can generate additional income for a fund, as buyers pay “premiums” for the right to buy assets at a fixed (“strike”) price. The logic behind selling call options against assets investors already own is that it ensures investors are “covered” from a margin call perspective – hence the term “covered call”.

  • What are the potential benefits of covered call strategies?

    The primary benefit of covered calls is that they can generate more income, and on a more diversified basis, than just owning dividend-paying stocks. This is because covered call sellers receive two income streams: first the dividends, second the premiums from the calls they sell. The premiums not only provide an income uplift, but also a second stream to draw from if dividends fall or dry up. Furthermore, options premiums tend to be inversely correlated to dividend yields—with lower dividend yielding stocks producing higher premiums – creating a natural hedge.

    Covered call income is also hedged against volatility and interest rates. All else being equal, when volatility rises, option premiums rise as options traders price higher probabilities of sharp share price movements into calls. And when interest rates rise, call option premiums mechanically rise too, as call sellers provide, in effect, a loan to buyers. The economics of which gets priced into premiums.

  • What are the potential risks of covered call strategies?

    By writing covered call options in return for the receipt of premiums, investors forego the opportunity to benefit from potential increases in the value of the S&P/ASX 200 Index above the exercise prices of such options but will continue to bear the risk of declines in the value of the S&P/ASX 200 Index.

    The premiums received from the options may not be sufficient to offset any losses sustained from the volatility of the underlying stocks over time. As a result, the risks associated with writing covered call options may be similar to the risks associated with writing put options. In addition, AYLD’s ability to sell the securities underlying the options will be limited while the options are in effect unless AYLD cancels out the option positions through the purchase of offsetting identical options prior to the expiration of the written options.

  • What are the advantages of writing covered calls on the S&P/ASX 200 Index?

    Writing covered calls on the S&P/ASX 200 Index has all the familiar income advantages of buying S&P/ASX 200 shares. Investors receive all the dividends and franking credits that they do from owning the shares in the underlying index. However, writing call options provides a third source of income, derived from the premiums received from the selling of options. (Option sellers are not required to forego the dividends and franking credits they receive.) This means covered call strategies can generate income above what can be generated from just owning the shares. Furthermore, call option premiums provide a hedge against falling dividends, as call options premiums are usually larger for companies with little to no dividends.

  • Which options does the fund sell and at what price?

    The fund invests in the S&P/ASX 200 Index on a fully replicated basis. It then sells quarterly at-the-money exchange traded S&P/ASX 200 Index call options worth roughly 100% of the value of the portfolio, with the cash received from option sales reinvested into the S&P/ASX 200 Index. “At-the-money” options are those options with strike prices identical to the price of their underlying securities. Options are rolled the day before expiry. Expiring options are bought back at the time weighted average ask price between 4:20 pm and 4:25 pm Sydney time. New options are simultaneously sold at the time weighted average bid price.

  • What is the cut-off date to receive a distribution from AYLD?

    To receive a distribution, you must own the ETF – the trade must have fully settled – on the record date. This means that you should aim to buy AYLD at least two business days before the record date (as ETF trades take two business days to settle) should you wish to receive a distribution.

    The record date is the date on which Computershare, the share registry, records who owns which ETFs and therefore who is entitled to distributions. As AYLD has multiple distributions throughout the year, it has multiple record dates throughout the year too.

  • When do I receive my distributions from AYLD?

    Distributions are paid on the payment date, which is announced ahead of time on the ASX’s website. Generally speaking, the payment date falls two weeks after the record date. On the payment date, investors will receive the cash – or new ETFs, if they choose to reinvest their distributions. Franking credits are distributed via the year-end AMMA statement, which is usually issued around the end of financial year (in July or early August). Details of payment dates and frequencies are available on the fund’s website.

  • How can I know the size of a distribution?

    We (Global X) will usually forecast how big we expect a distribution to be around one week prior to the ex-distribution date. This forecast is made public on the announcement date. While these forecasts will be as accurate as practically possible, they are only estimates and are subject to corrections and revisions.

    The size of distributions is primarily determined by markets in the fund’s underlying assets. Variables include – but are not limited to – dividends and price movements in the fund's underlying shares, the size of option premiums, prevailing interest rates and market volatility.

    Fund operations can also impact distribution sizes. Management fees, transactional and operating costs typically lower a distribution. Distributions can also be impacted by the number of units in the fund on issue on the ex-distribution date. Where the number of units on issue declines in the leadup to the ex-distribution date, the distribution yield should be expected to expand. (Income accumulated between distributions is therefore spread over fewer units). An opposite dilutive effect occurs when the number of units on issue increases in the leadup to ex-distribution dates.

Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

Back to Top