The fund has been listed on Chicago Board Options Exchange (Cboe) since 17 December and uses the S&P 500 index as its benchmark.
Hartford Funds (Hartford), a Pennsylvania-based asset manager, has launched the Hartford Equity Premium Income ETF (Cboe: HEMI), which combines a core US equity portfolio with call options overlay tied to the S&P 500 and seeks to generate current income in a tax-efficient manner while maintaining the potential for capital appreciation. The fund will be sub-advised by Wellington Management Company Further, the fund will be sub-advised by Wellington Management Company, a global indepe