What does Harvest Amazon Enhanced High Income Shares ETF invest in?▾
The fund targets long-term capital growth along with providing substantial monthly cash payouts by investing 100% of its assets in Amazon stocks (AMZN). Income is generated through a covered call options strategy, which allows the writing of options on up to 50% of the shares held, depending on market conditions. While these options are typically at-the-money, the manager may also write out-of-the-money options when deemed necessary. This approach aims to manage risk and enhance returns, although it limits potential gains. A monthly review ensures that cash flow remains aligned with the...
