REX Financial Unveils the REX NVDA Growth & Income ETF, the First Fund in New Single Stock Covered Call ETF Suite
NVII targets 1.25x* leveraged exposure to NVIDIA, combining covered calls on half the portfolio for weekly income with uncapped upside potential on the rest
REX Financial (“REX”), a leader in innovative exchange-traded products, today announces the launch of a new single stock covered call suite with the REX NVDA Growth & Income ETF (CBOE: NVII). NVII seeks to provide balance between growth and income by offering between 1.05x and 1.50x targeted exposure to NVIDIA Corporation (NVDA) and aiming to provide weekly income by selling options on half of the targeted portfolio.
"The launch of NVII marks the beginning of an exciting new series of single stock based income strategies at REX," said Scott Acheychek, COO of REX Financial. "With NVDA leading the AI and semiconductor revolution, NVII offers investors a unique way to generate weekly income while maintaining uncapped exposure on half of the portfolio to one of the most transformative growth stories in the market."
The launch of NVII also marks the debut of REX’s Growth & Income Covered Call ETF Suite, building on the success of REX’s index based covered call strategies, including the REX FANG & Innovation Equity Premium Income ETF (NASDAQ: FEPI), the REX AI Equity Premium Income ETF (NASDAQ: AIPI), and the REX Crypto Equity Premium Income ETF (NASDAQ: CEPI).
*The Fund targets 1.25x daily exposure to NVDA; however, in accordance with its investment objective, actual leverage may range between 1.05x and 1.50x.
For more information on the REX NVDA Growth & Income ETF and the Growth & Income Covered Call ETF suite, please visit www.rexshares.com.
About REX
REX is an innovative provider of exchange-traded products specializing in alternative-strategy ETFs and ETNs, with over
Important Risks
Investing in a REX ETF may be more volatile than investing in broadly diversified funds. The use of leverage by a Fund increases the risk to the Fund. The REX ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leverage, and investment results and intend to actively monitor and manage their investment.
An investment in the Fund entails risk. The Fund may not achieve its leveraged investment objective and there is a risk that you could lose all of your money invested in the Fund. In addition, the Fund presents risks not traditionally associated with other mutual funds and ETFs. It is important that investors closely review all of the risks listed below and understand them before making an investment in the Fund.
Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the REX ETFs please call 1-844-802-4004 or visit our website at rexshares.com. Read the prospectus and summary prospectus carefully before investing.
REX Growth & Income ETFs Risks. When the Fund invests in fixed income securities, the value of your investment in the Fund will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities owned by the Fund. Effects of Compounding and Market Volatility Risk. While the Fund’s primary investment objective is to pay weekly distributions, the Fund’s secondary investment objective is to seek daily investment results, before fees and expenses, between
The Funds’ investment adviser will not attempt to position the portfolio to ensure that a Fund does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, if a Fund’s underlying security moves more than
Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Funds’ investment advisor.
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Gregory FCA for REX Financial
rexfin@gregoryfca.com
Source: REX Financial