The new ETF invests 30% in the US stock and 70% in three-year Treasury bonds.
Hanwha Asset Management has listed a new bond-mixed covered call exchange-traded fund (ETF) on Tesla in a bid to capitalise on the stock volatility of the electric vehicle maker led by Elon Musk. Korean individual investors invest in a covered call ETF as a dividend product - Gyan Jun, Samsung Securities Going live this Tuesday (9 December) on the Korea Exchange, the ETF invests 30% in Tesla and 70% in three-year Treasury bonds through tracking the performance of the Akros Tesla Weekly Cover