LFGY ETF Analysis: Dividends, Returns AMEX:LFGY

Analysis

Key stats

LFGY seeks income and capital appreciation by holding a concentrated portfolio of US-listed crypto industry and technology equities while utilizing various options strategies. The fund includes 15 to 30 firms of any market-cap engaged in crypto asset mining, blockchain technology development, trading platforms, digital wallets, DeFi platforms, smart contract technology, crypto hardware manufacturing, blockchain-as-a-service, NFT-related platforms, or diversified financial services and technology. The adviser considers liquidity, price level, and implied volatility in the selection process. To generate income, the fund utilizes one or multiple options strategies, such as covered calls and put writing, and spreads on some or all of its underlying securities. The adviser has the discretion to use options on related index-tracking ETFs. The use of options impacts the fund's risk-return profile, including its upside potential. The fund's strategy may result in high portfolio turnover.