1Mon·

What does this etf do

$E50PW (+1.01%) I came across this etf. It seems stable with a high return for possible cash. It anyone an idea what this etf does and why it is growing in value so stably?

2 Comments

TotallyLost@TotallyLost

1Mon

The index regularly sells puts on the EURO STOXX 50.
In return, it receives a fee, the so-called option premium.
This premium is the main source of income.

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Darkwing Donkey@DonkeyInvestor

1Mon

@TotallyLost wild

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