From the very quick search i did on it, it is a red dot system which makes it easier for the shooter to aim precisely and quickly. If it does have magnification it’s probably a low powered sight, but it could have higher magnification i’m just guessing.
If one were to want to use a handgun to shoot at longer distances it’d be more useful to get something that has a detachable shoulder stock to transform it into a carbine since you’d have improved accuracy.