The fund will allow eligible investors to move into a hedged Nasdaq 100 strategy without triggering immediate capital gains tax.

Toews Asset Management said it will list the Toews Agility Shares Hedged Nasdaq-100 ETF (HQQQ) on Nasdaq on 9 March. The ETF will track the Nasdaq 100 index  The exchange-traded fund (ETF) is being introduced with a Section 351 ETF exchange, a US tax rule that allows eligible investors to contribute an existing, diversified portfolio into a new ETF in return for shares, without triggering an immediate capital gains tax charge. Toews said this allows investors holding highly appreciated