Published on 17 Apr 2023 on ETF Trends via Yahoo Finance
Under the Hood of the Nationwide S&P 500® Risk-Managed Income ETF
This article was originally published on ETFTrends.com.
In a year of economic slowing in the U.S., a fund to consider for advisors looking to put their money to work within equities is the Nationwide S&P 500® Risk-Managed Income ETF (NSPI).
NSPI is an actively managed fund that follows a proprietary, systematic, rules-based options trading model that seeks to generate high current monthly income and utilizes a replication strategy to invest in stocks included in the S&P 500® Index. The S&P 500® is weighted by market capitalization and comprises approximately 500 of the top U.S.-listed companies that make up most of the U.S. equity market cap (80%).