Global X MSCI Emerging Markets Covered Call ETF

Frequently Asked Questions About EMCC

What does EMCC invest in?

The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in the securities of the index or in investments that are substantially identical to such component securities, either individually or in the aggregate. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index measures the performance of a theoretical portfolio that employs a covered call strategy.

What is the expense ratio of EMCC?

Global X MSCI Emerging Markets Covered Call ETF (EMCC) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

What is EMCC's distribution yield?

EMCC's trailing-twelve-month yield is —, calculated from the sum of distributions over the past year divided by the current price.

How does EMCC's covered-call strategy work?

EMCC sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is EMCC?

Global X MSCI Emerging Markets Covered Call ETF (EMCC) manages $2.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EMCC actively managed or an index fund?

EMCC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.