Global X Long-Term Government Bond Premium Yield ETF - CAD

Fund Identification

Main Metrics

Ratings

Official Investment Strategy

PAYL seeks to provide: (a) exposure to the performance of government debt securities, primarily issued by the - 8 - Government of Canada, generally targeting a duration over ten years; and (b) high monthly distributions of interest income and option premiums. To generate premiums and reduce volatility, PAYL will employ a dynamic option program. PAYL seeks to hedge any foreign currency exposure back to the Canadian dollar.