Main Buywrite ETF (BUYW)

Main Buywrite ETF (BUYW) is an exchange-traded fund in the Derivative Income category. It has $1.24B in assets, an expense ratio of 0.99% and a 5.93% dividend yield. The fund invests in domestic and international exchange-traded funds (ETFs) to provide investors with sustained exposure to domestic and foreign equity markets over time. The fund also uses the Adviser’s “BuyWrite” strategy, an investment strategy of writing (selling) call options on a security owned by the fund to generate additional returns from the option premium. The fund also seeks returns by writing (selling) secured put options.