Global X Zero Coupon Bond 2034 ETF

Global X Zero Coupon Bond 2034 ETF is a fixed income exchange-traded fund that provides targeted exposure to U.S. Treasury STRIPS maturing in 2034. The fund primarily holds zero-coupon U.S. Treasury securities that are issued at a discount and accrete to par value at maturity, offering a defined maturity profile concentrated between January 1 and November 30, 2034. By focusing on U.S. government-backed obligations, the ETF emphasizes low credit risk relative to corporate bond strategies. It seeks to track the FTSE Zero Coupon U.S. Treasury STRIPS 2034 Maturity Index through a passive, index-based approach with a low stated expense ratio. The structure allows investors to align bond holdings with a specific point on the yield curve and manage future cash flow timing, while the zero-coupon nature minimizes reinvestment risk associated with periodic coupon payments. As part of a broader maturity-dated suite, the ETF can also be combined with adjacent maturities for laddering across multiple years.