IncomeShares Magnificent 7 Options ETP

Issuer: IncomeShares

Asset Class: Equity

TER: 0.0045

Trading Currency: USD

Pays Income: True

Listing Date: 19 Jun 2025

Ticker: MAGD_LN

ISIN: XS3068761710

The IncomeShares Magnificent 7 Options ETP is designed to provide investors with exposure to a diversified portfolio of seven of the world's most prominent technology companies. By investing in this Exchange Traded Product (ETP), investors can gain exposure to companies such as Apple, Facebook, Amazon, Microsoft, Alphabet, Tesla, and Netflix, which are all leaders in the technology sector. The ETP aims to generate income for investors through the sale of covered call options on the underlying securities.

Covered call options involve selling call options on securities that the investor already owns. When an investor sells a covered call option, they receive a premium from the buyer in exchange for the right to purchase the security at a specified price within a certain time frame. If the price of the security remains below the specified price, the option expires worthless, and the investor keeps the premium as income.

The strategy of selling covered call options can provide investors with a regular income stream while also potentially enhancing returns in a sideways or mildly bullish market. By using this strategy, the IncomeShares Magnificent 7 Options ETP aims to provide investors with a unique way to generate income from a diversified portfolio of technology companies. Additionally, the ETP offers investors the opportunity to participate in the potential growth of these companies while managing risk through the sale of covered call options.

Overall, the IncomeShares Magnificent 7 Options ETP provides investors with a diversified and income-generating investment opportunity that combines exposure to leading technology companies with a proven options strategy.