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To: apatel1 who wrote (22155)11/12/2025 8:14:56 PM
From: jritz01 Recommendation

Recommended By
apatel1

  Respond to of 23988
 
RE: So if the ROC is 90-95% wouldn't the distribution erode the NAV on the fund over time, unless the underlying securities go up and the fund NAV increases.

No, if you watch the 2nd video he explains it. When the note is called you get your full principal back plus any of the interest owned.