Key stats
About GLOBAL X MID-TERM US TREASURY PREMI UNIT CL A CAD
Expense ratio
0.85%
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Inception date
Oct 5, 2023
The fund aims to provide exposure to the performance of a portfolio of US Treasury securities with a target duration of between 5 to 10 years within a certain band through a rules-based security selection methodology and weighting. The fund also seeks high monthly distributions of interest income and option premiums. The fund expects to invest in index funds and money market funds that primarily hold US Treasury securities, and/or investing directly in such securities. To generate premiums and reduce volatility, the fund actively manages an option strategy that generally writes a combination of covered call and cash-covered put options on up to about 50% of the portfolios value. As an actively managed ETF, the fund manager has full discretion to make, buy, sell, or hold decisions at any time, as well as reconstitute and rebalance holdings from time to time.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF100.09%
Cash0.07%
Rights & Warrants−0.15%
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