{"id":61774,"date":"2025-05-08T09:00:00","date_gmt":"2025-05-08T08:00:00","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=61774"},"modified":"2025-05-08T11:21:22","modified_gmt":"2025-05-08T10:21:22","slug":"global-x-etfs-lists-one-new-euro-stoxx-50-covered-call-etf-on-the-lse","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/global-x-etfs-lists-one-new-euro-stoxx-50-covered-call-etf-on-the-lse\/","title":{"rendered":"Global X ETFs lists one new Euro Stoxx 50 Covered Call ETF on the LSE"},"content":{"rendered":"<h5 style=\"text-align: justify;\"><strong>Global X ETFs Europe<\/strong> and STOXX Ltd., part of the ISS STOXX group of companies today announce their expanding collaboration, with the launch of the Global X EURO STOXX 50 Covered Call UCITS ETF now tracking the EURO STOXX 50\u00ae Covered Call ATM Index.<br \/>\n<!--more--><span id=\"more-32986\"><\/span><\/h5>\n<p style=\"text-align: center;\"><a href=\"\/co.uk\/newsletter\"><strong><span style=\"color: #9ab62f;\">Sign up to our free newsletters<\/span><\/strong><\/a><\/p>\n<hr \/>\n<p><strong>Rob Oliver, Head of Global X ETFs Europe<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: justify;\">The launch further expands the collaboration between STOXX, a leading provider of benchmark and custom index solutions, and Global X ETFs Europe, a specialist in thematic growth, income, commodity and defined-outcome strategies. The EURO STOXX 50\u00ae Covered Call ATM (\u201cAt The Money\u201d) Index is designed to measure the performance of a hypothetical portfolio reflecting a covered call investment strategy based on the EURO STOXX 50\u00ae Index, Europe&#8217;s leading blue-chip index for the Eurozone. It reflects a strategy in which an investor buys the EURO STOXX 50 Index as an underlying instrument and simultaneously sells a EURO STOXX 50 ATM call option, traded at Eurex.<\/p>\n<p style=\"text-align: justify;\">\u201cCovered call strategies have provided a way for investors to receive an alternative income stream that is driven mainly by market volatility,\u201d said <span style=\"color: #56aa1c;\"><strong>Rob Oliver, Head of Global X Europe<\/strong><\/span>. \u201cThe Euro Stoxx 50 Covered Call is our third covered call UCITS product and may be attractive to investors looking to receive monthly income whilst being invested in European stocks.\u201d<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.etfworld.com\/co.uk\/wp-content\/uploads\/2025\/05\/Lomholt-Axel-Stoxx.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-61764 alignleft\" src=\"https:\/\/www.etfworld.com\/co.uk\/wp-content\/uploads\/2025\/05\/Lomholt-Axel-Stoxx.jpg\" alt=\"\" width=\"400\" height=\"300\" srcset=\"https:\/\/www.etfworld.com\/co.uk\/wp-content\/uploads\/2025\/05\/Lomholt-Axel-Stoxx.jpg 750w, https:\/\/www.etfworld.com\/co.uk\/wp-content\/uploads\/2025\/05\/Lomholt-Axel-Stoxx-300x225.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a>\u201cThe EURO STOXX 50 is the flagship Eurozone equity index, and we are committed to providing innovative solutions linked to it that support investor portfolio diversification. We are pleased to offer this index to Global X ETFs Europe,\u201d said <span style=\"color: #56aa1c;\"><strong>Axel Lomholt, General Manager at STOXX<\/strong><\/span>. \u201cOur EURO STOXX 50\u00ae Covered Call ATM Index can support the provision of an alternative income stream linked to our flagship benchmark for Eurozone equities.\u201d<\/p>\n<p><span style=\"color: #56aa1c;\"><strong>Global X Euro Stoxx 50 Covered Call UCITS ETF<\/strong><\/span><\/p>\n<p>The Global X Euro Stoxx 50 Covered Call UCITS ETF (SYLD LN) follows a synthetic strategy, in which the Fund seeks to replicate a buy-write index by selling covered calls, with underlying equity exposure designed to match constituents of the Euro Stoxx 50 Index.<\/p>\n<p><strong>ETF Objective<\/strong><\/p>\n<p>The Global X Euro Stoxx 50 Covered Call UCITS ETF (SYLD LN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the of the Euro Stoxx 50 Covered Call ATM Index.<\/p>\n<p>&nbsp;<\/p>\n<table style=\"border-collapse: collapse; width: 100%; height: 144px;\">\n<tbody>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Name<\/td>\n<td style=\"width: 50%; height: 24px;\"><span style=\"color: #56aa1c;\"><strong>Global X Euro Stoxx 50 Covered Call UCITS ETF<\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">ISIN<\/td>\n<td style=\"width: 50%; height: 24px;\">\n<div class=\"bold-font-weight regular-font-size\">IE000SAXJ1M1<\/div>\n<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Sedol<\/td>\n<td style=\"width: 50%; height: 24px;\">BSRH0L0<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Trading Currency<\/td>\n<td style=\"width: 50%; height: 24px;\">GBP<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Ongoing charges<\/td>\n<td style=\"width: 50%; height: 24px;\">0.45%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Reference index<\/td>\n<td style=\"width: 50%; height: 24px;\"><strong>Euro Stoxx 50 Covered Call ATM Index<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table style=\"border-collapse: collapse; width: 100%; height: 144px;\">\n<tbody>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Name<\/td>\n<td style=\"width: 50%; height: 24px;\"><span style=\"color: #56aa1c;\"><strong>Global X Euro Stoxx 50 Covered Call UCITS ETF<\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">ISIN<\/td>\n<td style=\"width: 50%; height: 24px;\">\n<div class=\"bold-font-weight regular-font-size\">IE000SAXJ1M1<\/div>\n<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Sedol<\/td>\n<td style=\"width: 50%; height: 24px;\">BSRH0K9<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Trading Currency<\/td>\n<td style=\"width: 50%; height: 24px;\">USD<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Ongoing charges<\/td>\n<td style=\"width: 50%; height: 24px;\">0.45%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 50%; height: 24px;\">Reference index<\/td>\n<td style=\"width: 50%; height: 24px;\"><strong>Euro Stoxx 50 Covered Call ATM Index<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div id=\"edn1\"><\/div>\n<p>Source : ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global X ETFs Europe and STOXX Ltd., part of the ISS STOXX group of companies today announce their expanding collaboration, with the launch of the Global X EURO STOXX 50 Covered Call UCITS ETF now tracking the EURO STOXX 50\u00ae Covered Call ATM Index.<\/p>\n","protected":false},"author":4,"featured_media":61782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[19],"tags":[345],"class_list":["post-61774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-lse","tag-global-x"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/61774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=61774"}],"version-history":[{"count":6,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/61774\/revisions"}],"predecessor-version":[{"id":61780,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/61774\/revisions\/61780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/61782"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=61774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=61774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=61774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}