GPIQ

📎 Investment Objective

The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq-100 Index, while generating income through the sale of call options on the index.

✨ Key Features

• Seeks to track the performance of the Nasdaq-100 Index
• Generates income through the sale of call options on the index
• Potentially lower volatility compared to a pure equity index fund due to the option writing strategy
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may decline due to general market and economic conditions.
• Tracking error risk: The fund may not perfectly track the performance of the Nasdaq-100 Index.
• Option writing risk: The option writing strategy may not generate the expected level of income or may result in losses.
• Concentration risk: The fund is heavily concentrated in the technology sector, which may be subject to greater volatility.

👤 Best For

This ETF may be suitable for investors seeking exposure to the Nasdaq-100 Index with the potential for additional income generation through an option writing strategy. Investors should have a moderate to long-term investment horizon and be comfortable with the risks associated with the fund's investment strategy.