Comprehensive breakdown! Global X Gold Covered Call Active ETF (3533/41533): Seize the new era of gold and earn option income

Recently listed on the Hong Kong Exchange,Global X Gold Covered Call Active ETF (3533 HKD / 41533 USD) $Global X Gold Covered Call Active ETF (03533.HK)$$Global X Gold Covered Call Active ETF (41533.HK)$ with an initial listing price of USD 10 per share and a board lot size of 50 shares.

This fund is a synthetic strategy exchange-traded fund (ETF) that invests in gold futures and/or ETFs tracking gold prices through total return swaps, combined with a covered call options strategy to generate option premium income, offering investors a novel choice for enhancing yield potential beyond physical gold allocation.

– A first in Hong Kong — The first ETF in Hong Kong employing a gold covered call option strategy, providing a new tool for gold allocation.

– Targeting monthly dividends— Aims to generate potential returns through the covered call strategy, striving to provide investors with a regular source of cash flow (dividend yield is not guaranteed, dividends may be paid from capital).

– Competitive fees — Adopts a single management fee structure, with an annual ongoing charge of only 0.75%3, the lowest among similar products2

The covered call options strategy mainly has the following characteristics:

– Market volatility benefits the strategy — When the market is volatile, option premium levels usually rise accordingly, which benefits the strategy's potential returns

– Downside buffer - During market downturns, receiving option premiums can partially offset the impact of falling asset prices, providing a buffer

– Limited upside potential — Selling call options limits potential growth to some extent, but the option premium income can still be retained

Global X Hang Seng Index Covered Call Active ETF (3416/ 9416/83416) $Global X HSCEI Covered Call Active ETF (03416.HK)$$Global X HSCEI Covered Call Active ETF (09416.HK)$$Global X HSCEI Covered Call Active ETF (83416.HK)$$HSCEI (LIST91333.HK)$

Global X Hang Seng TECH Covered Call Active ETF (3417) $Global X Hang Seng TECH Covered Call Active ETF (03417.HK)$$HSTECH (LIST91332.HK)$

Global X Hang Seng Index Constituent Stocks Covered Call Active ETF (3419) $Global X HSI Covered Call Active ETF (03419.HK)$$HSI (LIST91331.HK)$

Global X Nasdaq 100 Covered Call Active ETF (3451/ 9451) $Global X Nasdaq 100 Covered Call Active ETF (03451.HK)$$Global X Nasdaq 100 Covered Call Active ETF (09451.HK)$$NASDAQ 100 Index (.NDX.US)$

Global X S&P 500 Covered Call Active ETF (3415/ 9415) $Global X S&P 500 Covered Call Active ETF (03415.HK)$$Global X S&P 500 Covered Call Active ETF (09415.HK)$$S&P 500 Index (.SPX.US)$

Global X ETFs Hong Kong website: https://www.globalxetfs.com.hk/zh-hant/

1 Dividend payouts/option premiums are not guaranteed, and dividend/option premium yields do not represent a guarantee of positive returns. Investors should not rely solely on the above information to make investment decisions. Investors should refer to the fund's offering documents (including the product key facts statement) for further details, including risk factors. Investment involves risks. Past performance is not indicative of future results.

2 Source: Mirae Asset (Hong Kong), May 15, 2026.

3 As the fund is newly established, this figure is an estimate and represents the total estimated ongoing charges over a 12-month period, expressed as a percentage of the estimated average net asset value of the listed share class during the same period. This figure may differ from the actual figure when the fund operates and may vary annually. Please note that recurring expenses do not include fees related to financial derivatives (including swaps) entered into by the fund. Due to the adoption of a single management fee structure, the fund’s estimated ongoing charges will be equal to the amount of the single management fee, capped at 0.75% of the average net asset value of the fund’s listed share class. Any ongoing charges exceeding 0.75% of the average net asset value of the fund’s listed share class will be borne by the manager and will not be charged to the fund. For further details, please refer to the product key facts statement and the fund prospectus.

Investing in the Gold Covered Call Active ETF may involve potential risks (if applicable), including active investment management risk, synthetic investment strategy and counterparty risk, risks associated with investing in financial derivatives, covered call option swap risk, concentration risk/gold market risk, potential conflict of interest risk, trading hours discrepancy risk, capital or effectively from capital distribution risk, trading risk, and termination risk. The gold covered call strategy may limit the profit potential from rising gold prices to some extent. The covered call strategy is a new product with higher risk levels. Please refer to the fund prospectus for more details. A positive dividend payout does not equate to positive returns. Distribution paid out of or effectively from capital means returning or withdrawing part of the investor's original investment or any capital gains attributable to it. Such distributions may result in an immediate reduction of the fund's net asset value per share and reduce the capital available for future investment. Past performance data is not indicative of future performance. Investors may not get back the full amount invested. This content is published by Mirae Asset Global Investments (Hong Kong) Limited (licensed by the Securities and Futures Commission under the Securities and Futures Ordinance for Type 1, 4, and 9 regulated activities). This content has not been reviewed by the Hong Kong Securities and Futures Commission or relevant regulatory authorities. If gold performance declines, the covered call strategy within the swap does not provide full downside protection, and the economic benefit of the nominal option premium may not offset the fund's potential losses. Investors should read the fund’s prospectus and product key facts statement before making investment decisions.

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