These corporations may be paying out greater than they can assist and should cut back their dividends or cease paying dividends at any time, which may have a cloth opposed impact on the stock value of those corporations and the Fund’s performance. The Global X S&P 500 Risk Managed Income ETF employs a protective net-credit collar1 technique for buyers in search of the earnings characteristics of a coated name fund, while mitigating the risks of a serious market selloff with a protecting put. XRMI seeks to realize this outcome by owning the shares in the S&P 500 Index , whereas buying 5% out-of-the-money put options2 on SPX and selling at-the-money name options on the identical index.