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

S&P/ASX 200 Covered Call ETF

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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 13 May 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 13 May 2024

NAV/Unit (A$) 10.39340000
iNAV 10.4385
iNAV as of 10:35 AM
Currency (NAV) AUD
Shares Outstanding 2,950,586
AUM (A$) 30,666,726.67
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 30 Apr 2024

12-Month Yield 7.27%
12-Month Franking Level 15.58%
Distribution Frequency Quarterly
Distribution History View

Performance Table As of 14 May 2024

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 0.57% 0.59% -0.02% 0.06%
3 Months 3.78% 3.96% -0.18% 0.12%
1 Year 12.94% 13.32% -0.39% 0.37%
3 Year p.a. -- -- -- --
5 Year p.a. -- -- -- --
10 Year p.a. -- -- -- --
Since Inception p.a. 11.49% 11.92% -0.43% 0.42%

Top Holdings As of 15 May 2024

Full Holdings (.xlsx)
Net Assets (%) Name SEDOL Market Price (Local) Shares Held Market Value (A$)
9.66 BHP GROUP LTD 6144690 43.15 68,572 2,958,882
8.83 COMMONW BK AUSTR 6215035 119.33 22,656 2,703,540
5.96 CSL LTD 6185495 279.58 6,533 1,826,496
4.67 NATL AUST BANK 6624608 33.99 42,086 1,430,503
4.11 WESTPAC BANKING 6076146 26.60 47,327 1,258,898
3.72 ANZ GROUP HOLDIN 6065586 28.01 40,632 1,138,102
3.45 WESFARMERS LTD 6948836 68.83 15,352 1,056,678
3.00 MACQUARIE GROUP B28YTC2 189.88 4,843 919,589
2.55 GOODMAN GROUP B03FYZ4 33.47 23,372 782,261
2.36 WOODSIDE ENERGY BMGT167 28.15 25,685 723,033
2.10 RIO TINTO LTD 6220103 128.12 5,023 643,547
1.93 FORTESCUE LTD 6086253 25.81 22,892 590,843
1.86 TELSTRA GROUP LT 6087289 3.65 156,297 570,484
1.71 TRANSURBAN GROUP 6200882 12.52 41,783 523,123
1.68 WOOLWORTHS GROUP 6981239 31.13 16,524 514,392
1.15 QBE INSURANCE 6715740 17.36 20,208 350,811
1.13 ARISTOCRAT LEISU 6253983 39.96 8,641 345,294
1.11 SANTOS LTD 6776703 7.73 43,918 339,486
1.06 JAMES HARDIE-CDI B60QWJ2 55.05 5,891 324,300
0.95 COLES GROUP LTD BYWR0T5 16.07 18,104 290,931
0.94 COCHLEAR LTD 6211798 325.65 884 287,875
0.90 SUNCORP GROUP LT 6585084 16.10 17,183 276,646
0.87 BRAMBLES LTD B1FJ0C0 14.21 18,824 267,489
0.86 RESMED INC-CDI 6221667 32.78 8,020 262,896
0.79 WISETECH GLOBAL BZ8GX83 97.52 2,480 241,850
0.76 ORIGIN ENERGY 6214861 9.96 23,281 231,879
0.75 XERO LTD B8P4LP4 120.24 1,906 229,177
0.74 NORTHERN STAR RE 6717456 14.57 15,545 226,491
0.72 SOUTH32 LTD BWSW5D9 3.62 61,056 221,023
0.71 SCENTRE GROUP BLZH0Z7 3.12 70,200 219,024
0.67 COMPUTERSHARE LT 6180412 26.89 7,688 206,730
0.66 INSURANCE AUSTRA 6271026 6.18 32,488 200,776
0.58 CAR GROUP LTD BW0BGZ3 35.02 5,097 178,497
0.58 SONIC HEALTHCARE 6821120 27.62 6,454 178,259
0.58 MINERAL RESOURCE B17ZL56 76.32 2,332 177,978
0.55 ASX LTD 6129222 63.88 2,617 167,174
0.50 LOTTERY CORP LTD BNRQW72 5.13 30,115 154,490
0.50 APA GROUP 6247306 8.81 17,355 152,898
0.50 PILBARA MINERALS B2368L5 3.97 38,282 151,980
0.49 NEWMONT CORP-CDI BRDVMB3 64.03 2,345 150,150
0.48 STOCKLAND 6850856 4.54 32,216 146,261
0.47 QANTAS AIRWAYS 6710347 6.22 23,334 145,137
0.45 MEDIBANK PRIVATE BRTNNQ5 3.72 37,249 138,566
0.42 AMCOR PLC-CDI 6066608 15.67 8,216 128,745
0.42 RAMSAY HEALTH 6041995 51.30 2,501 128,301
0.42 BLUESCOPE STEEL 6533232 21.32 6,002 127,963
0.42 REA GROUP LTD 6198578 183.74 695 127,699
0.41 TREASURY WINE ES B61JC67 11.51 10,977 126,345
0.40 NEXTDC LTD B5LMKP4 17.33 7,078 122,662
0.39 ORICA LTD 6458001 18.31 6,519 119,363
0.38 AMPOL LTD BM91201 35.99 3,221 115,924
0.36 MIRVAC GROUP 6161978 2.07 53,370 110,476
0.36 ALTIUM LTD 6167697 66.30 1,658 109,925
0.36 SEEK LTD B0767Y3 22.85 4,792 109,497
0.36 GPT GROUP 6365866 4.21 25,912 109,090
0.35 WASHINGTON H. SO 6821807 32.40 3,318 107,503
0.34 EVOLUTION MINING B3X0F91 3.83 26,863 102,885
0.33 DEXUS/AU B033YN6 7.02 14,546 102,113
0.33 VICINITY CENTRES BY7QXS7 1.91 52,345 99,979
0.31 ENDEAVOUR GROUP BNVS144 5.17 18,409 95,175
0.31 AURIZON HOLDINGS B87CVM3 3.78 24,901 94,126
0.29 ALS LTD B86SZR5 13.62 6,549 89,197
0.28 STEADFAST GROUP BCT5FD7 5.85 14,919 87,276
0.28 LYNAS RARE EARTH 6121176 6.81 12,653 86,167
0.28 WHITEHAVEN COAL B1XQXC4 7.61 11,322 86,160
0.28 JB HI-FI LTD 6702623 57.73 1,478 85,325
0.28 QUBE HOLDINGS LT B1L4BC6 3.55 23,895 84,827
0.27 ATLAS ARTERIA BZ03TZ1 5.48 15,310 83,899
0.27 AGL ENERGY LTD BSS7GP5 10.14 8,190 83,047
0.27 CLEANAWAY WASTE BYQ8KW7 2.71 30,144 81,690
0.26 SEVEN GROUP HOLD B432QW4 37.80 2,110 79,758
0.26 PRO MEDICUS LTD 6292782 113.17 704 79,672
0.26 REECE LTD 6728801 27.16 2,883 78,302
0.25 CHARTER HALL GRO B15F6S6 11.96 6,396 76,496
0.25 WORLEY LTD 6562474 15.24 4,989 76,032
0.25 BENDIGO AND ADEL 6091280 9.92 7,654 75,928
0.24 INCITEC PIVOT LT 6673042 2.84 26,268 74,601
0.23 IGO LTD 6439567 7.60 9,121 69,320
0.22 PALADIN ENERGY 6668468 16.37 4,036 66,069
0.21 TECHNOLOGY ONE 6302410 16.08 4,053 65,172
0.20 VIRGIN MONEY-CDI BJXCLP7 4.06 15,315 62,179
0.20 A2 MILK CO LTD BWSRTS7 6.17 9,779 60,336
0.20 SANDFIRE RESOURC 6739739 9.74 6,181 60,203
0.20 IDP EDUCATION LT BDB6DD1 15.88 3,763 59,756
0.19 ARCADIUM LIT-CDI BS715X9 7.07 8,133 57,500
0.19 FISHER & PAYKEL 6423968 26.30 2,184 57,439
0.19 CSR LTD 6238645 8.89 6,455 57,385
0.18 TELIX PHARMA BF7M092 15.04 3,768 56,671
0.18 LENDLEASE GROUP 6512004 6.12 9,246 56,586
0.18 METCASH LTD B0744W4 3.82 14,526 55,489
0.18 ALUMINA LTD 6954985 1.71 31,787 54,356
0.18 RELIANCE WORLDWI BD1DM79 5.05 10,684 53,954
0.17 BANK QUEENSLAND 6076243 5.90 8,878 52,380
0.16 VIVA ENERGY GROU BYQM3N1 3.42 14,570 49,829
0.16 FLIGHT CENTRE TR 6352147 20.59 2,404 49,498
0.16 BLOCK INC - CDI BMHJ8W1 106.51 459 48,888
0.16 NIB HOLDINGS LTD B28ZM60 7.45 6,541 48,730
0.15 HUB24 LTD BD4T5X1 40.90 1,097 44,867
0.14 ILUKA RESOURCES 6957575 7.65 5,762 44,079
0.14 WEBJET LTD 6015815 8.39 5,227 43,855
0.14 ANSELL LTD 6286611 24.84 1,710 42,476
0.14 AUB GROUP LTD B0MBNC3 31.27 1,348 42,152
0.14 PERSEUS MINING B02FBC1 2.26 18,584 42,000
0.14 DOWNER EDI LTD 6465573 4.58 9,085 41,609
0.13 LIFE360 INC-CDI BJMXQ67 14.95 2,763 41,307
0.13 VENTIA SERVICES BNV08F0 3.55 11,567 41,063
0.13 AMP LTD 6709958 1.11 37,065 40,957
0.13 ARB CORP LTD BWV03W5 38.96 1,044 40,674
0.13 ORORA LTD BH4TCW7 2.20 18,161 39,954
0.13 PREMIER INV LTD 6699781 29.31 1,358 39,803
0.13 CHALLENGER LTD 6726300 6.39 6,127 39,152
0.13 LIONTOWN RESOURC B1J89V5 1.38 28,228 38,955
0.13 CHORUS LTD B54F6S5 6.58 5,865 38,592
0.12 BEACH ENERGY LTD 6088204 1.75 21,785 38,015
0.12 CHAMPION IRON LT BLD1SB3 7.21 5,259 37,917
0.12 NATIONAL STORAGE BGP6479 2.19 17,121 37,495
0.12 HARVEY NORMAN 6173508 4.35 8,594 37,384
0.12 BREVILLE GROUP L 6158709 26.42 1,338 35,350
0.11 NEUREN PHARMACEU B04LVF0 20.20 1,713 34,603
0.11 DOMINO'S PIZZA E B07SFG7 38.04 898 34,160
0.11 REGION RE LTD BPBMY63 2.16 15,712 33,938
0.11 PERPETUAL LTD 6682394 22.31 1,511 33,710
0.11 NEW HOPE CORP LT 6681960 4.69 6,977 32,722
0.10 BRICKWORKS LTD 6315593 27.25 1,169 31,855
0.10 NETWEALTH GROUP BF52PL1 19.98 1,583 31,628
0.10 CHARTER HLW REIT BDB46J2 3.48 8,996 31,306
0.10 BOSS ENERGY LTD B1XLCQ6 5.66 5,526 31,277
0.10 MEGAPORT LTD BZ5ZWZ3 14.40 2,150 30,960
0.10 RAMELIUS RESOURC 6586872 1.99 15,419 30,607
0.10 HOMECO DAILY NEE BNC0NF4 1.24 24,170 29,850
0.10 SUPER RETAIL GRO B01C7R0 13.51 2,168 29,290
0.09 BELLEVUE GOLD LT BFZ31P0 1.83 15,927 29,067
0.09 EAGERS AUTO 6296201 12.45 2,326 28,959
0.09 LOVISA HOLDINGS BT9PVP0 32.36 890 28,800
0.09 NINE ENTERTAINME BGQV183 1.54 18,649 28,719
0.09 PINNACLE INVESTM BD0F7H1 12.81 2,197 28,144
0.09 LIGHT & WOND-CDI BMXNX11 139.93 200 27,986
0.09 DETERRA ROYALTIE BJP5T05 4.87 5,719 27,852
0.09 NICKEL INDUSTRIE BZ7NDP2 0.98 28,409 27,699
0.09 NUFARM LTD 6335331 5.16 5,169 26,672
0.09 EMERALD RESOURCE 6107381 3.59 7,368 26,451
0.09 CORPORATE TRAVEL B3R1D52 15.17 1,741 26,411
0.09 TPG TELECOM LTD BMB2257 4.54 5,784 26,259
0.09 SIGMA HEALTHCARE BF13K02 1.24 21,145 26,220
0.08 AUCKLAND AIRPORT BLRZSS8 7.03 3,688 25,927
0.08 GENESIS MINERALS B23G0X1 1.85 13,959 25,754
0.08 PEXA GROUP LTD BMD0WJ3 14.58 1,750 25,515
0.08 GRAINCORP LTD-A 6102331 8.05 3,032 24,408
0.08 INGENIA COMMUNIT B84GSC7 4.79 5,070 24,285
0.08 DE GREY MINING 6534837 1.15 21,030 24,079
0.08 BWP TRUST 6127453 3.62 6,570 23,783
0.08 GOLD ROAD RESOUR B15F5K1 1.60 14,630 23,335
0.08 SIMS LTD B0LCW75 10.73 2,167 23,252
0.08 CENTURIA INDUSTR BD31FD8 3.22 7,214 23,229
0.08 CHARTER HALL RET 6225595 3.31 6,995 23,153
0.07 HMC CAPITAL LTD BJRBL61 6.89 3,298 22,723
0.07 CAPRICORN METALS BDD98W2 4.71 4,798 22,599
0.07 RED 5 LTD 6367550 0.48 46,906 22,280
0.07 WAYPOINT REIT BLBQ285 2.40 9,086 21,806
0.07 BAPCOR LTD BLD2CY7 4.67 4,590 21,435
0.07 TABCORP HLDGS 6873262 0.69 30,879 21,152
0.07 REGIS RESOURCES 6476542 2.06 10,215 21,043
0.07 IRESS LTD 6297497 8.44 2,481 20,940
0.07 POLYNOVO LTD BSJBZM6 2.24 9,336 20,913
0.07 GUD HLDGS LTD 6358004 10.96 1,905 20,879
0.07 INSIGNIA FINANCI 6714394 2.32 8,990 20,857
0.07 KAROON ENERGY LT B00SV00 1.91 10,845 20,660
0.07 LIFESTYLE COMMUN 6137195 13.33 1,528 20,368
0.07 WEST AFRICAN RES B4KBBN0 1.44 13,885 19,925
0.06 SILVER LAKE RESO B28RMY4 1.53 12,645 19,347
0.06 IPH LTD BS7K5S1 6.07 3,129 18,993
0.06 MAGELLAN FIN GRP B015YX4 8.61 2,203 18,968
0.06 INGHAMS GROUP LT BZCNHW2 3.88 4,774 18,523
0.06 CENTURIA CAPITAL 6518745 1.70 10,890 18,513
0.06 AUDINATE GROUP BZ9N3B6 17.61 1,033 18,191
0.06 ARENA REIT B99K263 3.75 4,802 18,008
0.06 SITEMINDER LTD BLH35X6 5.44 3,298 17,941
0.06 MONADELPHOUS GRP 6600471 13.63 1,314 17,910
0.06 JOHNS LYNG GROUP BYPHBX3 6.11 2,930 17,902
0.06 ELDERS LTD 6357852 8.28 2,130 17,636
0.06 NEWS CORP- CDI B BD7SZP7 39.54 445 17,595
0.06 EVT LTD BDG0N49 11.94 1,427 17,038
0.06 NRW HOLDINGS LTD B23XW70 2.76 6,127 16,911
0.05 HELIA GROUP LTD BP5HL07 4.13 4,067 16,797
0.05 KELSIAN GROUP LT BPBKR80 5.56 2,951 16,408
0.05 BEGA CHEESE LTD B56CQJ5 4.38 3,665 16,053
0.05 DATA#3 LTD 6093015 7.63 2,090 15,947
0.05 SMARTGROUP CORP BNB5WS6 8.36 1,794 14,998
0.05 STAR ENTERTAINME BD5ZR98 0.45 32,555 14,487
0.05 COLLINS FOODS LT B6QCFP1 9.53 1,494 14,238
0.05 CREDIT CORP GRP 6287658 15.30 920 14,076
0.04 HEALIUS LTD BFZYRL1 1.34 9,817 13,155
0.04 CORONADO GLOBAL BGV71W0 1.15 11,340 12,984
0.04 STANMORE RESOURC B4KDPZ6 3.21 3,780 12,134
0.04 SPARK NEW ZEALAN 6881500 3.93 2,989 11,747
0.04 CHARTER HALL SOC BHJVMY0 2.55 4,573 11,661
0.04 NANOSONICS LTD B1WF979 2.98 3,848 11,467
0.03 DOMAIN HOLDINGS BF17Y13 3.03 3,416 10,350
0.03 STRIKE ENERGY LT B01NQF4 0.25 38,725 9,488
0.03 FLETCHER BLDG 6341617 2.75 3,285 9,034
-1.95 AS51 6 C7700 148.10 -403 -596,843
Holdings are subject to change.

Sector Breakdown As of 15 May 2024

Sector Weight (%)
Financials 30.7
Materials 22.9
Health Care 9.9
Consumer Discretionary 7.2
Industrials 6.8
Real Estate 6.8
Energy 4.9
Consumer Staples 4.0
Communication Services 3.7
Information Technology 3.0
Utilities 1.5

Country Breakdown As of 15 May 2024

Country Weight (%)
Australia 95.9
United States 2.0
New Zealand 1.4
Ireland 1.1
Britain 0.6
Malaysia 0.3
Jersey 0.2
-2.0
Other/Cash 0.5

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.

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