QRMI

Global X NASDAQ 100 Risk Managed Income ETF

$16.08

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Global X NASDAQ 100 Risk Managed Income ETF (QRMI) seeks to provide income and risk-managed exposure to the NASDAQ-100 Index.

Overview

ETF tracking Global X NASDAQ 100 Risk Managed Income ETF

Category International

Issuer Other

Inception Date 2021-08-26

Market Cap $17.2M

Average Volume N/A

Dividend Yield 10.34%

52-Week Range $15.61 - $17.76

VWAP $16.05

Performance

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Investment Summary

📎 Investment Objective

The Global X NASDAQ 100 Risk Managed Income ETF (QRMI) seeks to provide income and risk-managed exposure to the NASDAQ-100 Index.

🎯 Investment Strategy

QRMI uses a rules-based options strategy to generate income while seeking to limit downside risk. The fund writes covered call options on the NASDAQ-100 Index to generate option premiums, and also buys protective put options to help manage downside risk.

✨ Key Features

Seeks to provide income and risk-managed exposure to the NASDAQ-100 Index
Utilizes a covered call and protective put options strategy
Aims to generate income and limit downside risk
Provides exposure to the large-cap, growth-oriented companies in the NASDAQ-100 Index

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market and economic conditions
Derivatives risk: The use of options may not be successful and could result in losses
Concentration risk: The fund's focus on the NASDAQ-100 Index makes it susceptible to market conditions affecting those companies
Income risk: The fund's income payments may decline due to falling market interest rates

👤 Best For

QRMI may be suitable for investors seeking income and risk-managed exposure to the large-cap, growth-oriented companies of the NASDAQ-100 Index. Investors should have a moderate risk tolerance and a medium-term investment horizon.