AMZP
Kurv Yield Premium Strategy Amazon (AMZN) ETF
📎 Investment Objective
The Kurv Yield Premium Strategy Amazon (AMZN) ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Kurv Yield Premium Strategy Amazon Index.
Overview
ETF tracking Kurv Yield Premium Strategy Amazon (AMZN) ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Kurv Yield Premium Strategy Amazon (AMZN) ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Kurv Yield Premium Strategy Amazon Index.
🎯 Investment Strategy
The ETF employs a passive management (or indexing) approach and seeks to track the performance of the underlying index. The index is designed to provide exposure to a portfolio of Amazon (AMZN) stock options that aims to generate income through a covered call strategy.
✨ Key Features
- Provides exposure to Amazon (AMZN) stock through a covered call options strategy
- Aims to generate income through the collection of option premiums
- Passively tracks the Kurv Yield Premium Strategy Amazon Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused solely on Amazon (AMZN) stock
- Option strategy risk, including the potential for losses from option contracts
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
- Liquidity risk due to the relatively small size of the fund
👤 Best For
This ETF may be suitable for investors seeking exposure to Amazon (AMZN) stock with a focus on generating income through a covered call options strategy. Investors should have a moderate risk tolerance and a medium-term investment horizon.