ETF Series Trust has announced that they plan to begin trading the Recon Capital NASDAQ-100 Covered Call ETF (NASDAQ:QYLD) Thursday, December 12, 2013. The Recon Capital NASDAQ 100 Covered Call ETF (“Fund”) seeks to provide investment results that will closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE NASDAQ-100 BuyWrite Index.
Total Annual Fund Operating Expenses: 0.60%
Principal Investment Strategies of the Fund
Using a passive or indexing investment approach, the Fund seeks to achieve its investment objective to track the performance of the CBOE NASDAQ-100® BuyWrite Index (“Index”). The Index measures the total return of a portfolio consisting of common stocks of the 100 companies included in the