About Global X Funds Global X Information Technology Covered Call & Growth ETF (TYLG)

Global X Funds Global X Information Technology Covered Call & Growth ETF (TYLG) is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Information Technology Covered Call & Growth Index. This index is designed to provide exposure to the performance of a portfolio of information technology companies, while also generating income through covered call options. The ETF is passively managed and aims to give investors access to the potential growth of the information technology sector, while also providing income through the collection of premiums from the sale of call options.

TYLG offers investors a unique combination of capital appreciation and income generation. The fund invests in a portfolio of technology companies that are leaders in their respective industries. These companies include giants like Apple, Microsoft, and Amazon. By generating income through the sale of covered call options, the fund seeks to enhance returns and offset potential downside risk. The ETF employs a rules-based methodology to select the eligible securities and write covered call options. This strategy allows investors to participate in the growth potential of the technology sector, while potentially mitigating some of the volatility that comes with investing in individual technology stocks.