Nationwide Risk-Managed Income ETF breaks the $100 million threshold

COLUMBUS, Ohio, July 27, 2020 /PRNewswire/ -- At a time when interest rates are pervasively near historic lows and income investors are concerned about heightened market uncertainty, the Nationwide Risk-Managed Income ETF (TRADING SYMBOL: NUSI) has surpassed the $100 million mark of assets under management by serving the needs of investors seeking income with a measure of downside protection since its inception on Dec. 19, 2019. "We recognized the challenges income investors face when seeking to generate high current income in today's market," said Mike Spangler, senior vice president of Nationwide's Investment Management Group. "Income from the asset classes that investors have traditionally turned to has decreased with interest rates, and those still offering higher current income have heightened exposure to principal risk. We believed the market was ready for an innovative approach when we partnered with Harvest Volatility Management to launch NUSI. It's exciting to surpass $100 million just seven months after launch." The Fund seeks to generate investment income and provide a measure of downside protection through an innovative approach to traditional income investing by deploying an options strategy called a protective net-credit collar. This strategy is established by combining a covered call, where it sells an upside To keep reading about Nationwide Risk-Managed Income ETF breaks the $100 million threshold, Click on the link. Seoul, Korea
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