ETFs
Global X Launches New Covered Call ETFs
Global X is expanding into the covered call space with the launch of two new covered call ETFs.
The company announced on Wednesday the launch of Covered call Global X MLP and energy infrastructure ETF (MLPD) and the Global X S&P 500 Quality Dividend Covered Call ETF (QDCC), bringing the number of Global X covered call ETF offerings to 16.
In addition to thematic offerings, the company focuses heavily on covered call strategies. In an interview with Bloomberg last month, the company’s new CEO, Ryan O’Connor, who joined the company from Goldman Sachs in April, hinted at the launch of the new products while discussing marketing strategies. purchase covered.