Overview
Description
The **Defiance Nasdaq 100 Target 30 Income ETF** is an actively managed exchange-traded fund designed to generate consistent income while providing indirect exposure to the performance of the Nasdaq-100 Index. This ETF primarily invests in treasuries and Nasdaq-100 index options, employing a put option writing strategy to enhance yield. Its primary objective is to achieve weekly distributions, which are crucial for investors seeking regular income. The fund is tailored towards those interested in large-cap equities and aims to limit potential investment gains in favor of current income generation. By leveraging options strategies, the ETF operates in a dynamic market environment, impacting investor strategies related to income generation and equity exposure.
About
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Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON