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Covered Call ETFs at Mackenzie Investments

Walid Busaba, Brett Gugel

商品編號:W34859
出版日期:2024/01/22
再版日期:
商品來源:
商品主題:Accounting; Finance
商品類型:Case (Field)
涵蓋議題:Exchange Traded Funds, Covered Calls
難易度:4 - Undergraduate/MBA
內容長度:10 頁
地域:Canada; United States
產業:Finance and Insurance
事件年度:2023

In June 2023, Prerna Mathews, vice president of Exchange-Traded Fund (ETF) Product Strategy at Mackenzie Investments (Mackenzie), was considering what ETFs to launch for the remainder of the year. As Mathews deliberated over the potential launch of a covered call ETF at Mackenzie, she had many things to consider. How would this product compare to existing investment solutions offered by Mackenzie? What should the underlying portfolio that the calls were written on be, and what percentage of the portfolio should be covered? What should be the expiration date and strike price on the written calls? Mathews knew that these critical product decisions would have significant consequences on how such an ETF would perform under various market conditions, as well as the costs Mackenzie would incur in managing the ETF.

教學手冊:Covered Call ETFs at Mackenzie Investments - Teaching Note
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