KraneShares Launches China Internet Covered Call ETF

KraneShares announced the launch of the KraneShares China Internet & Covered Call Strategy ETF (NYSE Arca: KLIP) on the New York Stock Exchange. KLIP seeks to provide current income by following a “covered call” or “buy-write” strategy. KLIP buys shares of the KraneShares CSI China Internet ETF (KWEB) and “writes” or “sells” corresponding call options on KWEB. KWEB offers [...] The post KraneShares Launches China Internet Covered Call ETF appeared first on ETF Trends .