The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a ācovered callā or ābuy-writeā strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and āwritesā or āsellsā corresponding call options on the same index.
High income potential with monthly distributions.
I would like to bump this, this is something I would be very interested in.
US etfs sadly canāt be added since they donāt provide KIID. More information can be found on google or one of the other 321 000 threads on this topic here.
Does a UK alternative exist?
I havenāt found anything similar.
Global X NASDAQ 100 Covered Call ETF
Request for Free trade to include in mandated stocks.
The investment seeks to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE NASDAQ-100Ā® BuyWrite V2 Index (the āunderlying indexā).The fund will invest at least 80% of its total assets in the securities of the underlying index. The CBOE NASDAQ-100Ā® BuyWrite Index is a benchmark index that measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the NASDAQ-100Ā® Index, and āwritesā (or sells) a succession of one-month at-the-money NASDAQ-100Ā® Index covered call options. It is non-diversified.
This yields approximately 10% p.a. and would be a good candidate for an SS ISA
Excellent. Thank you, Cameron. Iāll have a look.
Would like to bump this. only reason i can see this wouldnt be added is the use of leveraged derivative products however i would be happy to āOpt-Inā to something like this for my ISA.
Get this listed!
The UK equivalent for this ETF is QYLP.