The fund will pursue its investment objective by investing primarily in equity securities listed on U.S. exchanges and by utilizing an “option strategy” consisting of writing (selling) U.S. exchange-traded call options on the Nasdaq-100 Index. The call options written by the fund will have expirations of less than one year, and will be typically written at-the-money to out-of-the-money.
First Trust Nasdaq BuyWrite Income ETF · Issued by First Trust
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