REX Shares Launches REX FANG & Innovation Equity Premium Income ETF (FEPI)

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REX Shares, a prominent provider of exchange-traded products, has launched the REX FANG & Innovation Equity Premium Income ETF (FEPI) on the Nasdaq. This innovative ETF offers exposure to 15 leading US technology stocks included in the FANG & Innovation Index. It utilizes a sophisticated covered call strategy to harness the volatility of these technology giants, providing potential high monthly income to investors.

The key features of FEPI include accessing major tech stocks, facilitating monthly distributions without K-1s, and serving as a potential buffer against the tech sector’s volatility. FEPI addresses the market demand for income-generating investment products, particularly in the tech sector, providing investors with an innovative solution for income-focused strategies. The REX Shares team plans to develop further option-based innovations in the future.

ETF Newz Says:

FEPI seeks to offer investors the opportunity to benefit from the growth potential of top-performing tech stocks while generating consistent income through a covered call strategy.

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