BetaShares YMAX ETF (ASX:YMAX)
The BetaShares YMAX ETF is an actively managed portfolio of Australia’s top 20 blue-chip companies, designed to maximise income by using covered calls.
What does the YMAX invest in?
The YMAX ETF invests in the top 20 Australian companies, by market capitalisation, and aims to generate tax-effective income and some capital growth.
What do investors use YMAX for?
YMAX could be used by investors who are primarily focused on income from Australia’s top 20 blue-chip companies. The fund generates higher levels of income by selling call options on up to 100% of the portfolio holdings. Please note that YMAX does not track an index.
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