Published on 22 Nov 2022 on ETF.com via Yahoo Finance
Global X Taps Into Sector-Focused, Covered Call ETFs
Global X Management Co., which manages $41 billion in exchange-traded funds, is launching a trio of ETFs that seek to tap demand for investments in specific industries.
The three funds—the Financials Covered Call & Growth ETF (FYLG), the Health Care Covered Call & Growth ETF (HYLG) and the Information Technology Covered Call & Growth ETF (TYLG)—will track the financials, health care and information technology sectors of the S&P 500, respectively, Global X said in a statement.