GraniteShares YieldBOOST AMD ETF (AMYY)

Overview

The Fund's primary goal is to generate an income that is 200% higher than the income derived from selling options on Advanced Micro Devices, Inc. (AMD), referred to as the "Underlying Stock." This objective is achieved through the strategic selling of options on leveraged exchange-traded funds (ETFs) that aim to provide 200% of the daily performance of the Underlying Stock, known as the "Underlying Leveraged ETF." In addition to the primary investment goal, the Fund also seeks to gain exposure to the performance of the Underlying Leveraged ETF. However, there is a cap on potential investment gains to manage risk. Moreover, a downside protection mechanism might be employed, which has the potential to influence the net income level of the Fund.

Products and Services

• Options Selling on AMD

  The Fund focuses on selling options related to Advanced Micro Devices, Inc. This involves writing options contracts, allowing the Fund to generate income based on the premiums collected from the options sold. By targeting AMD, the Fund aligns itself with a well-known technology stock that can provide considerable volatility and income opportunities.

• Leveraged ETF Options Trading

  Utilizing leveraged exchange-traded funds, the Fund sells options that aim to track 200% of the daily performance of AMD. This strategy provides an avenue for potentially higher returns, reflecting the amplified performance of the underlying stock. The leveraged ETFs allow the Fund to capitalize on price movements, magnifying the effects of its options strategy.

• Investment Exposure to Underlying Leveraged ETF

  The Fund aims to gain exposure to the Underlying Leveraged ETF, which is designed to mirror the performance of AMD. This aspect of the investment strategy is geared towards capturing upside potential; however, the Fund imposes a cap to manage risk and avoid overexposure to any unforeseen market downturns.

• Downside Protection Mechanism

  To safeguard against significant losses, the Fund may implement a downside protection strategy. This measure is designed to mitigate risk, which could ultimately affect the net income generated by the Fund. By incorporating these protective elements, the Fund enhances its ability to preserve capital while still pursuing its income objectives.