Nicholas Global Equity and Income ETF (GIAX)

Overview

This actively managed exchange-traded fund (ETF) is designed to meet its investment objective through a dual-strategy approach, incorporating both Bond and Futures Yield strategies. By allocating at least 80% of its net assets, in addition to any borrowings for investment purposes, towards these two strategies, the fund aims to provide a balanced financial solution to its investors. It is worth noting that this ETF is classified as non-diversified, focusing its investments more narrowly than diversified funds.

Products and Services

• Bond Strategy

  The fund allocates a portion of its assets into bonds. This strategy is built around investment in debt securities, which can include a broad range of bond types. The aim is to generate income for the fund through interest earned on these bonds, contributing to the overall return for investors. Bonds are considered a less volatile investment compared to stocks, providing a stabilizing effect on the fund's performance.

• Futures Yield Strategy

  Another core component of the fund's investment approach involves the Futures Yield strategy. This strategy includes investing in futures contracts, which are legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future. The goal of this strategy is to leverage the futures market to gain returns that complement the income generated from the Bond strategy, thus enhancing the fund's overall yield. By using futures contracts, the fund aims to take advantage of price movements in the markets it targets, potentially offering higher returns to its investors.