The actively managed exchange-traded fund (ETF) combines a focused portfolio of market-leading firms with covered calls, cash-secured puts and credit spread strategies.

XFunds has launched the Fitz-Gerald Must Have Portfolio and Options Overlay ETF (NYSE Arca: FIZY), an actively managed exchange-traded fund that combines Keith Fitz-Gerald’s thematic equity investment strategy with an options-based income component. FIZY enhances the equity portfolio with an options overlay designed to generate premium income The fund tracks a concentrated portfolio of companies while seeking to generate weekly cash distributions through options premiums. The fund bui