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? Product Flyer 

  • [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 29 Oct 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 $10.86
NAV Per Share (Unlisted Class R2 in HKD) HKD $12.74
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 31 October 2025
Pay Date 6 November 2025
Dividend Per Share (HKD) 0.14
Annualized Yield 16.50%
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 29 Oct 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) $10,534,133,952.20
Outstanding Units 970,000,000

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 October 2024 and September 2025) / net asset value per unit of the fund on ex-date (30 September 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 29 Oct 2025

NAV Change % Change
Official NAV per Unit in HKD (Listed Class) $10.86 $-0.04 0.00%
Official NAV per Unit in HKD (Unlisted Class R2) $12.74 $-0.05 0.00%

Performance As of 29 Oct 2025

Cumulative Return (%) Fund NAV(Listed Class)
1 Mth 1.31
3 Mths 4.66
6 Mths 15.63
1 Yr 21.17
YTD 18.84
Since Inception 44.35
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 30 Sep 2025

    Weight (%)
Consumer Discretionary 25.4
Financials 19.7
Communication Services 17.0
Cash 14.9
Information Technology 10.0
Energy 4.8
Health Care 2.3
Consumer Staples 2.0
Materials 1.4
Real Estate 1.1
Industrials 1.0
Utilities 0.4
    Weight (%)
China 85.1
Cash 14.9

Option Details As of 29 Oct 2025

Total Net Asset Value of the Fund (in HKD) HKD 10,534,146,695.17
Closing level of Hang Seng China Enterprises Index 9,375.79

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 9,500 Call Option HKD$-10,285,710,419.50 -97.64% 9,500 1.32% 10/30/2025 1 9,376

Daily HoldingsAs of 29 Oct 2025

Name of Securities Exchange Ticker Exchange Market Price (in HKD) Number of Shares Held Market Value (in HKD) Net Assets (%)
ALIBABA GROUP HOLDING 9988 HK Hong Kong 171 4,675,703 799,545,213.00 7.59
TENCENT HOLDINGS 700 HK Hong Kong 645 1,048,352 676,187,040.00 6.42
CHINA CONSTRUCTION BANK 939 HK Hong Kong 7.9 77,309,201 610,742,687.90 5.80
XIAOMI CORP-CLASS B 1810 HK Hong Kong 44.92 11,277,476 506,584,221.92 4.81
MEITUAN-CLASS B 3690 HK Hong Kong 100 3,929,339 392,933,900.00 3.73
CHINA MOBILE 941 HK Hong Kong 85.55 4,438,004 379,671,242.20 3.60
IND & COMM BK OF CHINA 1398 HK Hong Kong 6.06 58,920,381 357,057,508.86 3.39
BYD 1211 HK Hong Kong 104.8 2,631,709 275,803,103.20 2.62
PING AN INSURANCE GROUP 2318 HK Hong Kong 56.15 4,787,238 268,803,413.70 2.55
SEMICONDUCTOR MANUFACTURI 981 HK Hong Kong 80.1 3,211,179 257,215,437.90 2.44
BANK OF CHINA 3988 HK Hong Kong 4.44 50,790,510 225,509,864.40 2.14
CNOOC 883 HK Hong Kong 19.95 11,133,877 222,120,846.15 2.11
NETEASE INC 9999 HK Hong Kong 224.6 987,182 221,721,077.20 2.10
JD.COM INC-CLASS A 9618 HK Hong Kong 130.8 1,249,517 163,436,823.60 1.55
KUAISHOU TECHNOLOGY 1024 HK Hong Kong 75.95 2,143,655 162,810,597.25 1.55
BEONE MEDICINES 6160 HK Hong Kong 187.8 813,932 152,856,429.60 1.45
CHINA MERCHANTS BANK 3968 HK Hong Kong 49.8 2,785,785 138,732,093.00 1.32
CHINA LIFE INSURANCE 2628 HK Hong Kong 25.04 5,312,542 133,026,051.68 1.26
AGRICULTURAL BANK OF CHINA 1288 HK Hong Kong 6.13 20,865,117 127,903,167.21 1.21
ZIJIN MINING GROUP 2899 HK Hong Kong 31.08 4,054,722 126,020,759.76 1.20
PETROCHINA 857 HK Hong Kong 8 15,067,620 120,540,960.00 1.14
POP MART INTERNATIONAL GROUP 9992 HK Hong Kong 228.2 526,502 120,147,756.40 1.14
BAIDU INC-CLASS A 9888 HK Hong Kong 123.9 909,373 112,671,314.70 1.07
TRIP.COM GROUP 9961 HK Hong Kong 568 195,030 110,777,040.00 1.05
XPENG INC - CLASS A SHARES 9868 HK Hong Kong 86.95 1,157,229 100,621,061.55 0.96
CHINA SHENHUA ENERGY 1088 HK Hong Kong 41.88 2,288,827 95,856,074.76 0.91
PICC PROPERTY & CASUALTY 2328 HK Hong Kong 19.35 4,918,918 95,181,063.30 0.90
ANTA SPORTS PRODUCTS 2020 HK Hong Kong 84.05 1,001,805 84,201,710.25 0.80
GEELY AUTOMOBILE HOLDINGS LT 175 HK Hong Kong 18.92 4,317,517 81,687,421.64 0.78
LI AUTO INC-CLASS A 2015 HK Hong Kong 81.6 993,697 81,085,675.20 0.77
NONGFU SPRING 9633 HK Hong Kong 52.55 1,438,380 75,586,869.00 0.72
CHINA PETROLEUM & CHEMICAL 386 HK Hong Kong 4.22 16,290,281 68,744,985.82 0.65
CHINA RESOURCES LAND 1109 HK Hong Kong 29.04 2,289,024 66,473,256.96 0.63
LENOVO GROUP 992 HK Hong Kong 11.55 5,306,189 61,286,482.95 0.58
CITIC 267 HK Hong Kong 11.98 4,155,484 49,782,698.32 0.47
JD HEALTH INTERNATIONAL INC 6618 HK Hong Kong 62.2 800,057 49,763,545.40 0.47
ZTO EXPRESS CAYMAN INC 2057 HK Hong Kong 148.9 315,812 47,024,406.80 0.45
POSTAL SAVINGS BANK OF CHI 1658 HK Hong Kong 5.7 7,795,688 44,435,421.60 0.42
CSPC PHARMACEUTICAL GROUP LT 1093 HK Hong Kong 7.69 5,750,192 44,218,976.48 0.42
BANK OF COMMUNICATIONS 3328 HK Hong Kong 6.95 6,249,214 43,432,037.30 0.41
HAIER SMART HOME 6690 HK Hong Kong 24.92 1,734,618 43,226,680.56 0.41
SUNNY OPTICAL TECH 2382 HK Hong Kong 80.85 508,269 41,093,548.65 0.39
SHENZHOU INTERNATIONAL GROUP 2313 HK Hong Kong 68.75 590,293 40,582,643.75 0.39
CHINA UNICOM HONG KONG 762 HK Hong Kong 9.16 4,357,266 39,912,556.56 0.38
ENN ENERGY HOLDINGS 2688 HK Hong Kong 68 565,402 38,447,336.00 0.36
CHINA OVERSEAS LAND & INVEST 688 HK Hong Kong 13.69 2,734,592 37,436,564.48 0.36
CHINA MENGNIU DAIRY 2319 HK Hong Kong 14.35 2,231,335 32,019,657.25 0.30
CHINA RESOURCES BEER HOLDING 291 HK Hong Kong 27.16 1,158,588 31,467,250.08 0.30
NEW ORIENTAL EDUCATION & TEC 9901 HK Hong Kong 46.78 545,361 25,511,987.58 0.24
HAIDILAO INTERNATIONAL HOLDI 6862 HK Hong Kong 13.05 1,391,183 18,154,938.15 0.17
CALL HANG SENG CHINA ENT 10/30/25 9500 HSCEI 10/30/25 C9500 Hong Kong 13 -21,941 -14,261,650.00 -0.14
HSCEI FUTURES 11/27/25 HCX5 Hong Kong 9397 4,674 -20,700,850.00 -0.20
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

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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