The exchange-traded fund (ETF) is an income-focused ETF designed to offer a defensive risk profile through a rules-based autocallable strategy.
REX Shares has expanded its autocallable exchange traded fund (ETF) range with the launch of the REX Defensive Autocallable Income ETF (Ticker: DACL). The fund tracks the Bloomberg US Large Cap VolMax Defensive Autocallable Total Return Index The ETF is designed to provide income-focused exposure through a systematic portfolio of autocallable derivative positions while incorporating downside protection features. The fund tracks the Bloomberg US Large Cap VolMax Defensive Autocallable Total