Kurv Copper & Mining Enhanced Income ETF (KCOP)

The Kurv Copper & Mining Enhanced Income ETF (KCOP) is an actively managed fund from Kurv Investment Management. It seeks to provide exposure to copper and the mining industry while generating income through an options strategy.

The fund's exposure can come from copper-related investments and shares of mining companies, and the adviser writes options on these positions to collect premium income. Selling options converts part of the potential upside into current income that the fund aims to distribute to shareholders.

Because it is actively managed, the fund can adjust its mix of holdings and the extent of its option writing as market conditions change. Its returns depend on copper prices, mining stocks and the outcome of its option positions.