I am newbie to investment. I found a high dividend yield ETF$Global X HSCEI Components Covered Call Active ETF (03416.HK)$. I tried to find more info about it online but I still don't understand it. Can someone helps to explain further? 1) What is this ETF mainly invested in? Why it can provides such high dividend yield? 2) Does it has maturity date? 3) The dividend is paid monthly, does it sound too good to be true? 4) What are the risks it exposed?
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GinLex
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Search "covered call etf" in any AI like Chatgpt or deepseek, emphasis explain as I am 10 years old. Covered call etf is a big topic.
GinLex
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Simply put, a bull market, a slow bull, a slow bear, there are significant fluctuations but it hasn't allowed those who bought call options to make a profit, which is beneficial here.
105406430
OP
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Thx for the explanation. As long as we have spare cash, I think it is a good instrument to mitigate the risk of market volatility with handful of dividends.
GinLex
:
In terms of components, moomoo is performing very poorly, not up to date, and lacks many component stocks. It is recommended to check the GlobalX 3416 website. @admin, if read, please prepare a report for the technical department.
GinLex : Search "covered call etf" in any AI like Chatgpt or deepseek, emphasis explain as I am 10 years old.
Covered call etf is a big topic.
GinLex : Simply put, a bull market, a slow bull, a slow bear, there are significant fluctuations but it hasn't allowed those who bought call options to make a profit, which is beneficial here.
105406430 OP : Thx for the explanation. As long as we have spare cash, I think it is a good instrument to mitigate the risk of market volatility with handful of dividends.
DO RE MI FA : The Fund's components show its stock holdings and Options investments.
GinLex : In terms of components, moomoo is performing very poorly, not up to date, and lacks many component stocks.
It is recommended to check the GlobalX 3416 website.
@admin, if read, please prepare a report for the technical department.