Overview
Description
The CI Tech Giants Covered Call ETF is an exchange-traded fund designed to provide investors with exposure to some of the largest technology companies with an added strategy for income generation. This ETF implements a covered call strategy, which involves holding a portfolio of tech stocks and selling call options on them to generate additional income. This approach attracts investors looking to enhance returns in periods of low market volatility or to potentially reduce downside risk in their investments.
Focusing primarily on tech sector leaders, the ETF invests in industry giants known for their innovation and market influence like Apple, Alphabet, and Microsoft. By doing so, it allows investors to capitalize on the growth potential of leading tech companies while utilizing a covered call strategy to manage risk and increase yield. This ETF typically appeals to investors who are interested in the tech sector but also seek a level of income through option premiums. The CI Tech Giants Covered Call ETF plays a strategic role in the financial market for those looking to leverage equity returns with a well-defined risk management framework.
About
Address
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Phone
+1 416 3622929
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE