Kensington Premium Opportunities ETF (KPO)

The Kensington Premium Opportunities ETF is an actively managed exchange-traded fund from Kensington Asset Management, a firm known for rules-based and tactical strategies. As its name suggests, the fund is built around generating option premium income while pursuing returns from the broad equity market.

The strategy is expected to combine exposure to U.S. stocks or stock indexes with the sale of options, aiming to collect premium as a source of distributions, with the portfolio managers choosing when and how to deploy those positions. Details of the approach are set out in the fund's prospectus. The ETF lists on Cboe BZX under the ticker KPO.