Instrument NameGlobal X Enhanced Russell 2000 Covered Call ETFInstrument Symbol(RSCL-NE)

Instrument ExchangeCboe CA

The Global X Enhanced Russell 2000 Covered Call ETF seeks to provide, to the extent reasonably possible and net of expenses: (a) exposure to the performance of an index of small-cap securities of the U.S. equity market (currently, the Russell 2000 RIC Capped Index); and (b) high monthly distributions of dividend income and call option premiums. To generate premiums, RSCL is exposed to a dynamic covered call option writing program. RSCL also employs leverage (not to exceed the limits on use of leverage described under "Investment Strategies" in the ETFs prospectus) through cash borrowing and generally endeavours to maintain a leverage ratio of approximately 125%.