Global X HSCEI Covered Call Active ETF - Global X ETFs Hong Kong
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Global X HSCEI Covered Call Active ETF

3416 HKD

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Important Information

Investors should not base investment decisions on this material alone. Please refer to the Prospectus for details including the product features and the risk factors. Investment involves risks. Past performance is not indicative of future performance. There is no guarantee of the repayment of the principal. Investors should note:

  • The investment objective of Global X HSCEI Covered Call Active ETF (the “Funds”) is to generate income by primarily investing in constituent equity securities in the Hang Seng China Enterprises Index (the “Reference Index”) and selling (i.e. “writing”) call options on the Reference Indexes respectively to receive payments of money from the purchaser of call options (i.e. “premium”).
  • If the value of the securities relating to the Reference Index held by the Fund declines, the premium that the Fund received for writing the Reference Index Call Option may reduce such loss to some extent. However, the downside of adopting a covered call strategy is that the Fund’s opportunity to profit from an increase in the level of the Reference Index is limited to the strike price of the Reference Index Call Options written, plus the premium received.
  • The market value of an Reference Index Call Option may be affected by factors including supply and demand, interest rates. The Fund’s ability to utilise Reference Index Call Options successfully will depend on the ability of the Manager to correctly predict future price fluctuations.If an Reference Index Call Option expires and if there is a decline in the market value of the Reference Index during the option period, the premiums received by the Fund from writing the Reference Index Call Options may not be sufficient to offset the loss realised.
  • The Reference Index Call Options in the OTC markets may not be as liquid as exchange-listed options. The Fund may find the terms of counterparties in the OTC markets to be less favorable than the terms available for listed options. Moreover, the SEHK may suspend the trading of options in volatile markets which may casue the Fund unable to write Reference Index Call Options at times
  • The use of futures contracts involves market risk, volatility risk, leverage risk and negative roll yields and “contango” risk.
  • Investing in Reference Index Futures and writing Reference Index Call Options generally involve the posting of margin. If the Fund is unable to meet its investment objective as a result of margin requirements imposed by the HKFE, the Fund may experience significant losses.
  • The Fund employs an actively managed investment strategy. The Fund may fail to meet its objective as a result of the implementation of investment process which may cause the Fund to underperform as compared to direct investments in the constituent equity securities of the Reference Index.
  • The Fund is exposed to concentration risk by tracking a specific regions or countries.
  • To the extent that the constituent securities of Reference Index are concentrated in securities of a particular sector or market, the investments of it may be similarly concentrated.
  • The trading price of the Fund’s unit on the SEHK is driven by secondary market trading factors, which may lead to a substantial premium or discount to the Fund’s net asset value.
  • The Manager may at its discretion pay dividends out of the capital of the Fund. Distributions paid out of capital, represent a return of an investor’s original investment or its gains and may potentially reduce the Fund’s Net Asset Value per Share as well as the capital available for future investment.
  • The Fund may suffer from a losses or delays when recovering the securities lent out. This may potentially affect its ability to meet payment and redemption obligations. Collateral shortfalls due to inaccurate pricing or change of value of securities lent, may cause significant losses to the Fund.

Why Global X HSCEI Covered Call Active ETF? Key Info and Charts 

  • [Innovative Income Strategy] Deliver appealing income with a monthly distribution plan (Monthly distribution is not guaranteed and may be from capital just in case)
  • [Downside Protection] Provide downside protection with option premium

Fund InformationAs of 11 Dec 2025

Fund Inception Date 28 Feb 2024
SEHK Listing Date 29 Feb 2024
Fiscal Year Ending 31 Mar
Ongoing Charges Over A Year ^ 0.75% (Listed Class)
1.60% (Unlisted Class R2)
Distribution Frequency Monthly at the Manager’s discretion
(Dividend rate is not guaranteed, distributions may be made out of capital #)
NAV Per Share (Listed Class) HKD $10.49
NAV Per Share (Unlisted Class R2 in HKD) HKD $12.63
Fact Sheet
^ The Fund (Listed Class) adopts a single management fee structure, whereby a single flat fee will be paid out of the assets of the Fund to cover all of the costs, fees and expenses of the Fund. Click to learn more.

Distributions (Listed Class)#

Ex-date 30 December 2025
Pay Date 7 January 2026
Dividend Per Share (HKD) 0.14
Annualized Yield 16.70%
Dividend rate is not guaranteed, distributions may be made out of capital or income at the Manager’s discretion and please refer to clause 4 in important information.
  Historical Record

Trading InformationAs of 11 Dec 2025

HKD
(Listed Class) HKD
(Unlisted Class R2)
Exchange Hong Kong Exchange
Stock Code 3416
ISIN HK0000978954
Management Fee 0.75%
Board Lot Size 500 Units
Trading Currency HKD
Base Currency HKD
Total Net Asset Value(HKD) $15,037,120,349.83
Outstanding Units 1,432,800,000

ETF Summary

The investment objective of the Global X HSCEI Covered Call Active ETF is to generate income by primarily (i) investing in constituent equity securities in the Hang Seng China Enterprises Index (the “Reference Index” or the “HSCEI”); and (ii) selling (i.e. “writing”) call options on the Reference Index to receive payments of money from the purchaser of call options (i.e. “premium”).

# The Manager may at its absolute discretion declare distributions monthly to unitholders in each financial year and details of the distribution declaration dates, distribution amounts and ex-dividend payment dates will be published on the Manager’s website https://www.globalxetfs.com.hk/. Distributions may be made out of capital or income at the Manager’s discretion. There can be no assurance that a distribution will be paid and dividend rate is not guaranteed. Please refer to the prospectus of the fund to understand the distribution policy and other details. The annualized yield is calculated as follows: (dividends per share distributed between November 2024 and October 2025) / net asset value per unit of the fund on ex-date (31 October 2025). Investors should note that yield figures are estimated and for reference only and do not represent the performance of the Fund, and that there is no guarantee as to the actual frequency and/or amount of dividend payments. Please note that a positive distribution yield does not imply a positive return on the total investment. Investors should not base investment decisions on the above information alone. Please refer to the Prospectus(including Product Key Facts Statement) for details including the product features and the risk factors. Investment involves risks. Past performance is not indicative of future performance.

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ETF Prices

* Market prices are provided on a 15-minute delayed basis by ICE Data Services. (See terms and conditions)

Daily NAV per Unit2As of 11 Dec 2025

NAV Change % Change
Official NAV per Unit in HKD (Listed Class) $10.49 $-0.01 -0.05%
Official NAV per Unit in HKD (Unlisted Class R2) $12.63 $-0.01 -0.05%

Performance As of 11 Dec 2025

Cumulative Return (%) Fund NAV(Listed Class)
1 Mth -1.89
3 Mths 1.58
6 Mths 7.67
1 Yr 19.34
YTD 17.91
Since Inception 43.22
Calendar Year Return (%) Fund NAV(Listed Class)
2024 -
2023 -
2022 -
2021 -
2020 -
Source: Mirae Asset Global Investments (Hong Kong) Limited.
• Past performance information is not indicative of future performance. Investors may not get back the full amount invested.
• The computation basis of the performance is based on the calendar year end, NAV-to-NAV, with dividend reinvested.
• These figures show by how much the Fund increased or decreased in value during the calendar year shown.
• Performance data has been calculated in HKD including ongoing charges and excluding trading costs on HKEX you might have to pay.
• Where no past performance is shown there was insufficient data available in that year to provide performance.
• Fund inception date: 28 Februrary 2024

Exposure As of 31 Oct 2025

    Weight (%)
Cash 22.9
Consumer Discretionary 22.3
Financials 19.5
Communication Services 15.1
Information Technology 8.0
Energy 4.9
Health Care 1.9
Consumer Staples 1.8
Materials 1.3
Real Estate 1.0
Industrials 0.9
Utilities 0.4
    Weight (%)
China 77.1
Cash 22.9

Option Details As of 11 Dec 2025

Total Net Asset Value of the Fund (in HKD) HKD 15,037,132,979.71
Closing level of Hang Seng China Enterprises Index 8,934.28

Option Position Notional Exposure Notional Exposure
to NAV (%) 		Strike Potential Upside
Before Strike 		Expiration
Date 		Calendar Days
to Expiry 		Index Price
Short HANG SENG CHINA ENT 9,200 Call Option HKD$-14,753,623,278.00 -98.11% 9,200 2.97% 12/30/2025 19 8,934

Daily HoldingsAs of 11 Dec 2025

Name of Securities Exchange Ticker Exchange Market Price (in HKD) Number of Shares Held Market Value (in HKD) Net Assets (%)
TENCENT HOLDINGS 700 HK Hong Kong 601.5 1,269,552 763,635,528.00 5.08
ALIBABA GROUP HOLDING 9988 HK Hong Kong 150.6 4,989,258 751,382,254.80 5.00
XIAOMI CORP-CLASS B 1810 HK Hong Kong 42.18 15,818,993 667,245,124.74 4.44
CHINA CONSTRUCTION BANK 939 HK Hong Kong 7.58 83,496,288 632,901,863.04 4.21
MEITUAN-CLASS B 3690 HK Hong Kong 101.5 4,775,514 484,714,671.00 3.22
CHINA MOBILE 941 HK Hong Kong 85.65 5,398,009 462,339,470.85 3.07
IND & COMM BK OF CHINA 1398 HK Hong Kong 6.11 71,590,428 437,417,515.08 2.91
PING AN INSURANCE GROUP 2318 HK Hong Kong 61.5 5,819,678 357,910,197.00 2.38
BYD 1211 HK Hong Kong 97.35 3,198,087 311,333,769.45 2.07
CNOOC 883 HK Hong Kong 20.9 13,535,030 282,882,127.00 1.88
BANK OF CHINA 3988 HK Hong Kong 4.39 61,713,807 270,923,612.73 1.80
SEMICONDUCTOR MANUFACTURI 981 HK Hong Kong 67.15 3,907,190 262,367,808.50 1.74
NETEASE INC 9999 HK Hong Kong 209.6 1,237,752 259,432,819.20 1.73
BEONE MEDICINES 6160 HK Hong Kong 189.7 1,052,119 199,586,974.30 1.33
KUAISHOU TECHNOLOGY 1024 HK Hong Kong 66.75 2,645,779 176,605,748.25 1.17
JD.COM INC-CLASS A 9618 HK Hong Kong 114.3 1,522,165 173,983,459.50 1.16
CHINA LIFE INSURANCE 2628 HK Hong Kong 26.82 6,460,750 173,277,315.00 1.15
CHINA MERCHANTS BANK 3968 HK Hong Kong 51.1 3,388,116 173,132,727.60 1.15
ZIJIN MINING GROUP 2899 HK Hong Kong 33.08 5,199,770 172,008,391.60 1.14
PETROCHINA 857 HK Hong Kong 8.26 18,318,978 151,314,758.28 1.01
AGRICULTURAL BANK OF CHINA 1288 HK Hong Kong 5.72 25,354,337 145,026,807.64 0.96
BAIDU INC-CLASS A 9888 HK Hong Kong 123.8 1,074,516 133,025,080.80 0.88
POP MART INTERNATIONAL GROUP 9992 HK Hong Kong 193.4 641,301 124,027,613.40 0.82
INNOVENT BIOLOGICS INC 1801 HK Hong Kong 83.65 1,413,365 118,227,982.25 0.79
YUM CHINA HOLDINGS INC 9987 HK Hong Kong 365 315,986 115,334,890.00 0.77
TRIP.COM GROUP 9961 HK Hong Kong 541.5 209,514 113,451,831.00 0.75
CHINA SHENHUA ENERGY 1088 HK Hong Kong 38.88 2,828,728 109,980,944.64 0.73
XPENG INC - CLASS A SHARES 9868 HK Hong Kong 74.65 1,428,790 106,659,173.50 0.71
PICC PROPERTY & CASUALTY 2328 HK Hong Kong 16.74 6,081,193 101,799,170.82 0.68
ANTA SPORTS PRODUCTS 2020 HK Hong Kong 80.4 1,237,466 99,492,266.40 0.66
GEELY AUTOMOBILE HOLDINGS LT 175 HK Hong Kong 17.33 5,334,372 92,444,666.76 0.61
CHINA HONGQIAO GROUP 1378 HK Hong Kong 31.36 2,895,311 90,796,952.96 0.60
CHINA PETROLEUM & CHEMICAL 386 HK Hong Kong 4.29 20,114,979 86,293,259.91 0.57
NONGFU SPRING 9633 HK Hong Kong 45.92 1,775,882 81,548,501.44 0.54
LI AUTO INC-CLASS A 2015 HK Hong Kong 65.65 1,227,109 80,559,705.85 0.54
CHINA RESOURCES LAND 1109 HK Hong Kong 28.18 2,829,478 79,734,690.04 0.53
ZTO EXPRESS CAYMAN INC 2057 HK Hong Kong 162.8 390,155 63,517,234.00 0.42
LENOVO GROUP 992 HK Hong Kong 9.46 6,560,208 62,059,567.68 0.41
CITIC 267 HK Hong Kong 12.05 5,129,951 61,815,909.55 0.41
JD HEALTH INTERNATIONAL INC 6618 HK Hong Kong 57.75 987,667 57,037,769.25 0.38
HAIER SMART HOME 6690 HK Hong Kong 25.96 2,141,667 55,597,675.32 0.37
CSPC PHARMACEUTICAL GROUP LT 1093 HK Hong Kong 7.69 7,108,285 54,662,711.65 0.36
BANK OF COMMUNICATIONS 3328 HK Hong Kong 7 7,717,955 54,025,685.00 0.36
POSTAL SAVINGS BANK OF CHI 1658 HK Hong Kong 5.21 9,630,220 50,173,446.20 0.33
CHINA UNICOM HONG KONG 762 HK Hong Kong 8.55 5,394,665 46,124,385.75 0.31
SHENZHOU INTERNATIONAL GROUP 2313 HK Hong Kong 61.25 729,023 44,652,658.75 0.30
CHINA OVERSEAS LAND & INVEST 688 HK Hong Kong 12.57 3,377,753 42,458,355.21 0.28
SUNNY OPTICAL TECH 2382 HK Hong Kong 66.75 627,514 41,886,559.50 0.28
CHINA MENGNIU DAIRY 2319 HK Hong Kong 14.24 2,758,269 39,277,750.56 0.26
CHINA RESOURCES BEER HOLDING 291 HK Hong Kong 26.5 1,430,218 37,900,777.00 0.25
CALL HANG SENG CHINA ENT 12/30/25 9200 HSCEI 12/30/25 C9200 Hong Kong 43 -33,027 -71,008,050.00 -0.47
HSCEI FUTURES 12/30/25 HCZ5 Hong Kong 8945 11,776 -94,501,600.00 -0.63
Source: Mirae Asset, Bloomberg
Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables.

Performance Simulator

Hover over the chart points for details
• The graph only shows simulated returns of the Fund and the Hang Seng China Enterprises Index based on different Hang Seng China Enterprises Index levels. The purpose of the graph is to illustrate the estimated capped upside of the Fund.
• The simulated returns do not necessarily reflect the realized return of the Fund and the Hang Seng China Enterprises Index in the future.

Market Makers 3

Mirae Asset Securities Co., Ltd.

Optiver Trading Hong Kong Limited

Eclipse Options (HK) Limited

Mirae Asset Securities (HK) Limited

Flow Traders Hong Kong Limited

Participating Dealers 4

Mirae Asset Securities (HK) Limited

Haitong International Securities Company Limited

China Merchants Securities (HK) Co., Limited

DBS Vickers (Hong Kong) Limited

Korea Investment & Securities Asia Limited

ABN AMRO Clearing Hong Kong Limited

Product Documents

Announcements / Notices

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Before making any investment decision to invest in the Product, investors should read the Product’s prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the Product and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investments.

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