The exchange-traded fund (ETF) tracks Bloomberg’s VolMax index to deliver outcome-oriented income exposure through synthetic autocallable positions.
R ex Shares has introduced the REX Autocallable Income ETF (ticker:ATCL), which tracks the Bloomberg US Large Cap VolMax Autocallable Total Return Index. ETF aims to deliver a steady income flow, with the basic setup designed to reduce relative downside risk The underlying index represents a structured laddered portfolio of autocallable derivatives. The ETF aims to deliver a steady income flow, with the basic setup designed to reduce relative downside r