The fund aims to provide current income while capturing the growth potential of innovative companies in the Nasdaq 100 index.
American asset manager BlackRock has launched the iShares Nasdaq Premium Income Active ETF (BALQ), aimed at generating monthly income for investors by actively managing investments in innovative, Nasdaq-listed companies and selling call options on the Nasdaq 100 Index. The ETF has been listed on Nasdaq since 2 December The exchange-traded fund (ETF) will provide investors with income from two sources - long positions in equity securities and option premiums from selling call options on