Akros Technologies has just launched the Akros Monthly Payout ETF (MPAY) looking to offer investors AI-powered target income payed out in monthly distributions. MPAY is the first ETF to offer an AI-powered target income strategy and it is aiming for an annualized rate of 7% following the Akros Multi-Asset Index.
Akros Launches First AI Target Income ETF
ETF Newz Says:
Being the first AI-powered target income ETF it will be interesting to see how MPAY develops.