The investment objective of FMAX is to deliver attractive monthly income, while providing exposure to an equal-weighted equity portfolio of financial services companies, primarily domiciled/listed in the United States. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, FMAX employs a covered call option writing program.
The FMAX ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.