Global X MSCI Emerging Markets Covered Call ETF (EMCC)
Global X MSCI Emerging Markets Covered Call ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $24.17, down 0.00% on the session, giving a market capitalisation of $2.6M. Its beta of 0.11 implies it has historically moved less than the broad market.
This fund allocates a minimum of 80% of its net assets, along with any borrowed capital, to either the index's component securities or other investments that closely replicate them, whether held individually or as a group. Importantly, this 80% allocation strategy is not a permanent fixture and can be modified; however, shareholders must receive 60 days' prior written notice of any such change. The underlying index it tracks is designed to reflect the performance of a conceptual portfolio that utilizes a covered call strategy.