Invesco has launched an active ETF that aims to deliver a consistent level of income while tracking the Nasdaq 100 index.
The strategy, named the The Invesco Nasdaq-100 Income Advantage UCITS ETF, uses the same methodology as the rest of the firm’s global Income Advantage range.
The ETF passively tracks the Nasdaq 100 index, while actively managing options for the income generation component.
“Our options-based income strategy allows us to not only generate cash flow but also to accommodate upside growth potential and downside risk mitigation,” said John Burrello, senior portfolio manager, global strategies at Invesco.
“We will use an active and systematic approach designed to adapt to changing market environments while aiming to deliver a consistent balance of outcomes for our investors – stable monthly income, upside participation, and downside risk mitigation.”
