The asset manager said the exchange-traded funds apply systematic weekly covered call strategies to US corporate bonds, extending its options-based income offering beyond US Treasuries.

Amplify ETFs, is an exchange-traded fund issuer with over $19 billion in assets under management as of March 31, has launched two fixed income ETFs - Amplify LQD Investment Grade 12% Target Income ETF (LQDM) and the Amplify HYG High Yield 10% Target Income ETF (HYGM) - on 21 April. The ETFs seek income through a blend of option premiums and interest income The funds combine corporate bond exposure with systematic covered call strategies. The products are trading on Cboe in the US. The firm