VEGA

AdvisorShares STAR Global Buy-Write ETF

$49.02

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The AdvisorShares STAR Global Buy-Write ETF (VEGA) seeks to generate income and provide downside protection through a global equity buy-write strategy.

Overview

ETF tracking AdvisorShares STAR Global Buy-Write ETF

Category International

Issuer Other

Inception Date 2012-09-18

Market Cap $72.8M

Average Volume N/A

Dividend Yield 0.92%

52-Week Range $39.65 - $49.72

VWAP $49.03

Performance

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Investment Summary

📎 Investment Objective

The AdvisorShares STAR Global Buy-Write ETF (VEGA) seeks to generate income and provide downside protection through a global equity buy-write strategy.

🎯 Investment Strategy

VEGA invests in a portfolio of global equities and writes (sells) call options on those holdings to generate option premiums. The fund aims to provide income and reduce volatility compared to a long-only global equity portfolio.

✨ Key Features

Global equity exposure with an options-based income strategy
Targets lower volatility and downside protection compared to a traditional global equity fund
Generates income through the sale of call options on the underlying equity holdings
Actively managed by AdvisorShares' portfolio management team

⚠️ Primary Risks

Equity market risk as the fund is exposed to global stock market movements
Option strategy risk including potential losses from option contract assignments
Currency risk from investing in non-U.S. securities
Active management risk as the fund's performance depends on the skill of the portfolio managers

👤 Best For

VEGA may be suitable for investors seeking global equity exposure with a focus on income generation and downside protection. The options-based strategy may appeal to more risk-averse investors or those in retirement who want to generate additional portfolio income.