Purpose Investments Launches New Yield Share ETFs for Microsoft and Nvidia

TLDRPurpose Investments has launched two new covered call ETFs focusing on Microsoft and Nvidia, providing monthly income through covered calls on these high-quality stocks. These ETFs offer exposure to the AI market, which is experiencing significant growth, and feature deep options markets to efficiently farm yield. The strategy involves long exposure to the stocks with 25% leverage and writing covered calls on up to 50% of the portfolio. Purpose Investments plans to expand its yield share product suite in the future, considering companies related to AI.

Key insights

🔍Purpose Investments offers covered call ETFs that provide monthly income through covered calls on high-quality stocks.

💼The new ETFs focus on Microsoft and Nvidia, two companies with exposure to the AI market.

💰The ETFs feature deep options markets, allowing for efficient yield farming.

📈The strategy involves long exposure to the stocks with 25% leverage and writing covered calls on up to 50% of the portfolio.

📈Purpose Investments plans to expand its yield share product suite in the future, considering companies related to AI.

Q&A

What is the main objective of Purpose Investments' new covered call ETFs for Microsoft and Nvidia?

The main objective is to provide monthly income through covered calls on high-quality stocks, focusing on Microsoft and Nvidia in this case.

Why did Purpose Investments choose Microsoft and Nvidia for these new ETFs?

Microsoft and Nvidia were chosen because they have exposure to the AI market and are considered leaders in this space.

What advantage do the deep options markets of Microsoft and Nvidia offer?

The deep options markets allow for efficient yield farming, enhancing the income potential of these ETFs.

What is the strategy behind these ETFs?

The strategy involves long exposure to the stocks with 25% leverage and writing covered calls on up to 50% of the portfolio.

Does Purpose Investments plan to launch more yield share products in the future?

Yes, Purpose Investments plans to expand its yield share product suite in the future, considering companies related to AI.

Timestamped Summary

00:13Purpose Investments has launched two new covered call ETFs focusing on Microsoft and Nvidia.

01:45The new ETFs offer exposure to the AI market, which is experiencing significant growth.

03:31The ETFs feature deep options markets, allowing for efficient yield farming.

06:31The strategy involves long exposure to the stocks with 25% leverage and writing covered calls on up to 50% of the portfolio.

08:39Purpose Investments plans to expand its yield share product suite in the future, considering companies related to AI.