 The
AdvisorShares STAR Global Buy-Write ETF is an actively managed
exchange-traded fund that seeks to provide investors with a source of
income by selling call options on global equity securities while
seeking to provide capital appreciation. The fund is managed by
AdvisorShares, a boutique investment management firm.
As of
September 2021, the VEGA ETF had a net asset value of approximately $6
million and held over 200 individual securities. The fund's portfolio
is focused on global equity securities, including developed and
emerging markets, and uses a buy-write strategy to potentially
generate income from the options premiums.
The VEGA ETF is
designed to provide investors with a way to potentially benefit from
the income-generating potential of selling call options on global
equity securities while seeking capital appreciation. However,
investors should be aware that investing in options carries its own
set of risks, including the potential for losses if the market moves
in the opposite direction of the options sold.
The expense
ratio for the VEGA ETF is 1.18%, which is relatively high compared to
the expense ratios of some other actively managed ETFs. This may make
the VEGA ETF a less attractive option for investors seeking actively
managed funds at a lower cost.
Overall, the AdvisorShares STAR
Global Buy-Write ETF may be a suitable investment for investors
seeking exposure to global equity securities and the potential for
income generation through the sale of call options. However, as with
any investment, it is important to conduct your own research and
consider your investment goals and risk tolerance before investing in
the fund.
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