Aptus Capital Advisors has just announced the launch of a new actively managed fund to join their income-focused ETF suite. The Aptus Enhanced Yield ETF (JUCY) looks to offer investors exposure to Treasury and agency issued securities with an options overlay. JUCY will invest 10%-20% of their assets into equity-linked notes which aid the options strategy.
ETF Newz Says:
The fund follows what Aptus is calling, “a true income strategy not reliant on long duration or sketchy credit.”