Launch of 'Global X Nikkei 225 Covered Call ETF'

[Asia Economy Reporter Junho Hwang] Global X Japan, a joint venture of Mirae Asset Global Investments in Japan, will list the "Global X Nikkei 225 Covered Call ETF" on the Tokyo Stock Exchange on the 29th.

This product invests in the constituent stocks of the Nikkei Average Index (Nikkei 225) while simultaneously employing a covered call strategy by selling call options monthly. It features the ability to secure stable returns by capturing option premiums generated from the index's volatility.

The underlying index is the "Nikkei 225," which, along with the TOPIX index, represents the Japanese stock market.

This product is an income-type product suitable for investors aiming to secure stable returns amid recent unstable market conditions. It uses an investment strategy that sells options to earn premiums in exchange for partially limiting gains during index uptrends. During stock price downturns, the option premiums are reinvested to reduce the extent of the index decline.

A Global X Japan representative stated, "The covered call strategy is gaining attention primarily in the U.S. as a new income-type investment tool, and with the recent high market volatility and yen depreciation, interest in foreign exchange gains is increasing. We expect this product to be a suitable investment vehicle for both Japanese and global investors."

This product can be traded through overseas stock accounts at domestic securities firms such as Mirae Asset Securities.

This content was produced with the assistance of AI translation services.