The fund invests primarily in US technology companies and sector exchange-traded funds (ETFs) while using options strategies to generate premiums and support cash distributions.

Atlanta-based Xfunds has launched the Xfunds Technology Income ETF (VGTX), an actively managed exchange-traded fund that combines exposure to US technology equities with options-based strategies aimed at generating income. VGTX will seek to generate option premiums through call spreads, put spreads and other options positions  The fund will invest primarily in US technology companies and technology-focused ETFs while using options to generate premiums and support cash distributions. Acc