INTL 3 Questions with Kim Arthur at CBOE
Q: What is the Fund?
A: Actively managed covered call writing strategy focused on providing a total return from current income and gains from long-term capital appreciation. The strategy may also have the benefit of reducing volatility through the use of covered calls
Q: Why launch it now?
A: Enough mutual funds have converted to ETFs making the process much more time efficient and cost-effective
Q: Where does it fit?
A: We think the BUYW fits between fixed income and equities. We believe a 10-20% position in a diversified portfolio may be appropriate
