The fund seeks to provide regular income through synthetic autocallables while reducing market downside exposure relative to VegaShares' existing autocallable exchange-traded fund (ETF).
Derivatives-focused ETF provider VegaShares has launched the VegaShares US Equity Autocallable Conservative Income ETF (NYSE: VAIC), a fund designed to generate weekly income while reducing downside market risk through exposure to a laddered portfolio of synthetic autocallables. Barnabas Capital has been appointed marketing and education partner for the product The launch broadens VegaShares' range of structured income ETFs and follows the introduction of its US Equity Autocallable Income ET