The undertakings for collective investment in transferable securities (Ucits) strategy aims to enhance income and preserve more index participation.
HANetf has launched the Han Nasdaq 100 Daily Covered Call Ucits ETF (QQQI), describing itself as ‘Europe’s first covered call ETF with daily option expiries.’ Strike prices will be adjusted according to expected market volatility The fund seeks to generate income through the systematic sale of short-term Nasdaq 100 index call options while aiming to retain more of the index’s upside potential than traditional monthly covered call strategies. The strategy sells very s