BetaShares Nasdaq 100 Yield Maximiser Complex ETF (QMAX)

BetaShares Nasdaq 100 Yield Maximiser Complex ETF is an exchange-traded fund designed to provide regular income while offering investors exposure to the largest 100 companies listed on the Nasdaq stock market. This fund primarily targets international shares and differentiates itself by employing an active covered call strategy, which seeks to enhance yield by writing call options on its portfolio holdings. The strategy aims to deliver returns through both dividends and option premiums, resulting in a distribution yield that typically exceeds the underlying equity portfolio’s income over time. The ETF’s portfolio is heavily allocated to major US technology and growth-oriented companies, reflecting the composition of the Nasdaq 100, and is further diversified through holdings in other related funds, such as the Invesco Nasdaq 100 ETF and BetaShares Nasdaq 100 ETF. The product is structured for cost-effective access to US equity markets with quarterly distributions and aims to reduce overall portfolio volatility compared to a direct investment in the Nasdaq 100 Index. As a managed fund domiciled in Australia, it plays an important role in allowing Australian investors to efficiently access enhanced income opportunities from international growth equities within a single listed security.