KEDI US AI Tech Top 10 + 15% Premium Index
Indexed by Akros
Weekly covered call strategy on Top 10 U.S. companies driving the future of technology targeting 15% annual premium.
- Classification
- Option
- Currency
- USD
- Published
- Feb 1, 2024
Recent key events
Description
The index is designed to provide investors with a covered call strategy that combines targeted long exposure to Akros US AI Tech Top 10 Index with a systematic approach to generating income through the short exposure to call options on NDX. By maintaining a long position in the top 10 companies most relevant to AI technology, the index captures the potential for capital appreciation in the companies that are leading the frontiers of artificial intelligence. Simultaneously, the strategy incorporates short expsoure to NDX call options to allow investors to collect a target annual premium income of appoximately 15%. The index looks to provide a balanced investment strategy that captures both the capital growth of companies in the AI technology space and income through the sales of call options.