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Strategies & Market Trends : CEF and ETF

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From: Julius Wong	2/23/2024 9:17:06 AM
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YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) The fund is a "fund of funds," meaning that it primarily invests its assets in the shares of other ETFs, rather than in securities of individual companies. Under normal circumstances, the fund will be nearly fully invested in the seven Underlying YieldMax ETFs; provided that for tax purposes, instead of investing in a particular Underlying YieldMax ETF, the fund may invest directly in substantially the same instruments held by that same Underlying YieldMax ETF. The fund is non-diversified.

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