This ETF Gets Income From Physical Gold

It's a strategy that uh gives you exposure to gold.

It does that through futures and through uh warrants which are receipts for physical gold and then we sell options on those gold futures positions to earn income uh to bring into the portfolio.

Um so what that'll do is in a in an environment where uh gold is neutral down or maybe even a gentle um up market it should uh the the income um you know should add a little bit of uh oomph to the uh portfolio uh now in an environment where you've had a runaway market if you just look at the first couple of weeks of October where gold is just exponentially increasing uh it may drag a little bit because those options positions although they're designed to earn income they uh may offset that gain a little bit.

Uh conversely, in a in a uh down market, a neutral market, even a a little bit of an up, like I said, you you'd have this income on top of uh the gold um the gold return.

So, uh and and uh you know, the nice thing about it is gold is not a incomeroucing assets and we've heard from a lot of investors, they want to they want gold exposure, but they really wish they could earn some yield on it.

And that's the that's the purpose of this fund is to try to give investors uh a little bit of uh a little bit of income along with the gold exposure.