Global X Hang Seng TECH Covered Call Active ETF - Global X ETFs Hong Kong
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Global X Hang Seng TECH Covered Call Active ETF

3417 HKD

Invest in 3417

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 Hang Seng TECH Covered Call Active ETF (the “Funds”) is to generate income by primarily investing in constituent equity securities in the Hang Seng TECH 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 Hang Seng TECH Covered Call Active ETF? Product Flyer 

  • [Option Premium] Covered Call Strategy based on Hang Seng Tech index offers higher option premium income as compared to that of other major indices due to higher volatility
  • [Dividend] ETF targets monthly distribution with option premium collected through monthly call option writing (Dividend rate is not guaranteed, distributions may be made out of capital)*

* Positive distribution does not mean positive return. Payments of distributions out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction in the Net Asset Value per Share of the Fund and will reduce the capital available for future investment.

Fund InformationAs of 12 Aug 2025

Fund Inception Date 12 Mar 2025
SEHK Listing Date 13 Mar 2025
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 $9.58
NAV Per Share (Unlisted Class R2 in HKD) HKD $9.95
NAV Per Share (Unlisted Class R2 in USD) USD $0.99
NAV Per Share (Unlisted Class R2 in RMB) RMB $7.96
^ The Fund 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 #

Ex-date 31 July 2025
Pay Date 6 August 2025
Dividend Per Share (HKD) 0.12 Dividend rate is not guaranteed, distributions may be made out of capital or income at the Manager’s discretion and please refer to important information.
  Historical Record

Trading InformationAs of 12 Aug 2025

HKD
(Listed Class) HKD
(Unlisted Class R2) USD
(Unlisted Class R2) RMB
(Unlisted Class R2)
Exchange Hong Kong Exchange
Stock Code 3417
ISIN HK0001107728
Management Fee 0.75%
Board Lot Size 500 Shares
Trading Currency HKD
Base Currency HKD
Total Net Asset Value(HKD) $329,379,156.48
Outstanding Units 34,400,000

ETF Summary

The investment objective of the Global X Hang Seng TECH Covered Call Active ETF is to generate income by primarily (i) investing in constituent equity securities in the Hang Seng TECH Index (the “Reference Index” or the “HS TECH”); 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 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 12 Aug 2025

NAV Change % Change
Official NAV per Unit in HKD (Listed Class) $9.58 $0.00 -0.01%
Official NAV per Unit in HKD (Unlisted Class R2) $9.95 $0.00 -0.01%
Official NAV per Unit in USD (Unlisted Class R2) $0.99 $0.00 -0.01%
Official NAV per Unit in RMB (Unlisted Class R2) $7.96 $-0.01 -0.08%

Performance

Cumulative Return (%) Fund NAV(Listed Class)
1 Mth -
3 Mths -
6 Mths -
1 Yr -
YTD -
Since Inception -
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 (Listed Class) launch date: 13 March 2025

Exposure As of 31 Jul 2025

    Weight (%)
Consumer Discretionary 34.3
Communication Services 22.8
Cash 22.0
Information Technology 18.9
Consumer Staples 2.1
Energy 0.0
Health Care 0.0
Financials 0.0
Materials 0.0
Industrials 0.0
Real Estate 0.0
Utilities 0.0
    Weight (%)
China 77.5
Cash 22.0
Hong Kong 0.5

Option Details As of 12 Aug 2025

Total Net Asset Value of the Fund (in HKD) HKD 329,478,069.77
Closing level of Hang Seng TECH Index 5,439.16

Option Position Notional Exposure Notional Exposure
to NAV (%) 		Strike Potential Upside
Before Strike 		Expiration
Date 		Calendar Days
to Expiry 		Index Price
Short HANG SENG TECH INDE 5,500 Call Option HKD$-324,445,894.00 -98.47% 5,500 1.12% 08/28/2025 16 5,439

Daily HoldingsAs of 12 Aug 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 559.5 39,079 21,864,700.50 6.64
NETEASE INC 9999 HK Hong Kong 204.4 100,027 20,445,518.80 6.21
ALIBABA GROUP HOLDING 9988 HK Hong Kong 116.6 173,269 20,203,165.40 6.13
XIAOMI CORP-CLASS B 1810 HK Hong Kong 51.7 370,966 19,178,942.20 5.82
SEMICONDUCTOR MANUFACTURI 981 HK Hong Kong 51.15 350,478 17,926,949.70 5.44
MEITUAN-CLASS B 3690 HK Hong Kong 119.4 144,474 17,250,195.60 5.24
KUAISHOU TECHNOLOGY 1024 HK Hong Kong 71.6 235,139 16,835,952.40 5.11
JD.COM INC-CLASS A 9618 HK Hong Kong 122.7 136,354 16,730,635.80 5.08
BYD 1211 HK Hong Kong 111.3 147,793 16,449,360.90 4.99
XPENG INC - CLASS A SHARES 9868 HK Hong Kong 82 126,113 10,341,266.00 3.14
LI AUTO INC-CLASS A 2015 HK Hong Kong 94.05 108,499 10,204,330.95 3.10
TRIP.COM GROUP 9961 HK Hong Kong 472.4 21,316 10,069,678.40 3.06
BAIDU INC-CLASS A 9888 HK Hong Kong 84.65 99,253 8,401,766.45 2.55
LENOVO GROUP 992 HK Hong Kong 11.22 628,669 7,053,666.18 2.14
HAIER SMART HOME 6690 HK Hong Kong 25.38 189,369 4,806,185.22 1.46
JD HEALTH INTERNATIONAL INC 6618 HK Hong Kong 53.9 87,315 4,706,278.50 1.43
SUNNY OPTICAL TECH 2382 HK Hong Kong 77.45 55,484 4,297,235.80 1.30
BILIBILI INC-CLASS Z 9626 HK Hong Kong 176 22,812 4,014,912.00 1.22
MIDEA GROUP 300 HK Hong Kong 79.75 48,208 3,844,588.00 1.17
KINGDEE INTERNATIONAL SFTWR 268 HK Hong Kong 16 235,186 3,762,976.00 1.14
SENSETIME GROUP INC-CLASS B 20 HK Hong Kong 1.65 2,164,082 3,570,735.30 1.08
HUA HONG SEMICONDUCTOR 1347 HK Hong Kong 44.68 56,515 2,525,090.20 0.77
ALIBABA HEALTH INFORMATION T 241 HK Hong Kong 4.91 501,900 2,464,329.00 0.75
BYD ELECTRONIC INTL 285 HK Hong Kong 39.64 61,486 2,437,305.04 0.74
KINGSOFT CORP 3888 HK Hong Kong 33.12 72,862 2,413,189.44 0.73
TONGCHENG TRAVEL HOLDINGS LT 780 HK Hong Kong 19.74 109,013 2,151,916.62 0.65
ASMPT 522 HK Hong Kong 70.35 25,977 1,827,481.95 0.55
NIO INC-CLASS A 9866 HK Hong Kong 37.38 26,807 1,002,045.66 0.30
HORIZON ROBOTICS INC 9660 HK Hong Kong 7.26 92,629 672,486.54 0.20
TENCENT MUSIC ENT - CLASS A 1698 HK Hong Kong 88.3 2,675 236,202.50 0.07
HSTECH FUTURES 08/28/25 HCTQ5 Hong Kong 5435 247 -2,704,400.00 -0.82
CALL HANG SENG TECH INDE 08/28/25 5500 HSTECH 08/28/25 C550 Hong Kong 86 -1,193 -5,129,900.00 -1.56
Source: Mirae Asset, Bloomberg
Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables.

Performance Simulator

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Market Makers 3

Mirae Asset Securities Co., Ltd.

Optiver Trading Hong Kong Limited

Eclipse Options (HK) Limited

Participating Dealers 4

Mirae Asset Securities (HK) Limited

China Merchants Securities (HK) Co., Limited

Haitong International Securities Company Limited

Korea Investment & Securities Asia Limited

ABN AMRO Clearing Hong Kong Limited

Product Documents

Announcements / Notices

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