27
July
2020
|
15:15 PM
America/New_York

Nationwide Risk-Managed Income ETF breaks the $100 million threshold

Nasdaq Tower - NUSI Surpasses $100M in Assets Under Management
Nasdaq Tower - NUSI Surpasses $100M in Assets Under Management

Columbus, OH - At a time when interest rates are pervasively near historic lows and income investors are concerned about heightened market uncertainty, the Nationwide Risk-Managed Income ETF (TRADING SYMBOL: NUSI) has surpassed the $100 million mark of assets under management by serving the needs of investors seeking income with a measure of downside protection since its inception on Dec. 19, 2019.

“We recognized the challenges income investors face when seeking to generate high current income in today’s market,” said Mike Spangler, senior vice president of Nationwide’s Investment Management Group. “Income from the asset classes that investors have traditionally turned to has decreased with interest rates, and those still offering higher current income have heightened exposure to principal risk. We believed the market was ready for an innovative approach when we partnered with Harvest Volatility Management to launch NUSI. It’s exciting to surpass $100 million just seven months after launch.”

The Fund seeks to generate investment income and provide a measure of downside protection through an innovative approach to traditional income investing by deploying an options strategy called a protective net-credit collar. This strategy is established by combining a covered call, where it sells an upside call option, and a protective put, where it uses a portion of the proceeds received to fully finance the purchase of a downside put option.

“We’re excited that partnering with Nationwide to offer an income solution has had such a strong reception and think it’s because of NUSI’s benefits that make it a timely addition to income-generating alternatives available to investor’s today,” said Jonathan Molchan, Harvest Managing Director and Lead Portfolio Manager for NUSI. “Given current market conditions, systematic, rules-based options strategies seek to navigate not only the here and now, but to also deliver income and risk mitigation outcomes inherent to successful retirement planning.”

Fundamentally designed with income-generation in mind, the Nationwide Risk-Managed Income ETF potentially offers several benefits that may address the yield enhancement and volatility management needs of investors, including:

  • High monthly income generation
  • Portfolio volatility reduction
  • Reduced duration risk and interest rate sensitivity
  • Capital appreciation from equity participation
  • Downside risk mitigation

The Fund is listed on the New York Stock Exchange and has an expense ratio of 0.68%.

Investors interested in learning more about the Nationwide Risk-Managed Income ETF should contact their financial professional or visit the website. Financial professionals interested in learning more about Nationwide ETFs can call 1- 877-893-1830.

At a time when interest rates are pervasively near historic lows and income investors are concerned about heightened market uncertainty, the Nationwide Risk-Managed Income ETF (TRADING SYMBOL: NUSI) has surpassed the $100 million mark of assets under management by serving the needs of investors seeking income with a measure of downside protection since its inception on Dec. 19, 2019.

“We recognized the challenges income investors face when seeking to generate high current income in today’s market,” said Mike Spangler, senior vice president of Nationwide’s Investment Management Group. “Income from the asset classes that investors have traditionally turned to has decreased with interest rates, and those still offering higher current income have heightened exposure to principal risk. We believed the market was ready for an innovative approach when we partnered with Harvest Volatility Management to launch NUSI. It’s exciting to surpass $100 million just seven months after launch.”

The Fund seeks to generate investment income and provide a measure of downside protection through an innovative approach to traditional income investing by deploying an options strategy called a protective net-credit collar. This strategy is established by combining a covered call, where it sells an upside call option, and a protective put, where it uses a portion of the proceeds received to fully finance the purchase of a downside put option.

“We’re excited that partnering with Nationwide to offer an income solution has had such a strong reception and think it’s because of NUSI’s benefits that make it a timely addition to income-generating alternatives available to investor’s today,” said Jonathan Molchan, Harvest Managing Director and Lead Portfolio Manager for NUSI. “Given current market conditions, systematic, rules-based options strategies seek to navigate not only the here and now, but to also deliver income and risk mitigation outcomes inherent to successful retirement planning.”

Fundamentally designed with income-generation in mind, the Nationwide Risk-Managed Income ETF potentially offers several benefits that may address the yield enhancement and volatility management needs of investors, including:

  • High monthly income generation
  • Portfolio volatility reduction
  • Reduced duration risk and interest rate sensitivity
  • Capital appreciation from equity participation
  • Downside risk mitigation

The Fund is listed on the New York Stock Exchange and has an expense ratio of 0.68%.

Investors interested in learning more about the Nationwide Risk-Managed Income ETF should contact their financial professional or visit the website. Financial professionals interested in learning more about Nationwide ETFs can call 1- 877-893-1830.

About Harvest

Founded in 2008, Harvest Volatility Management (“Harvest”) is a leading options and volatility risk management-focused investment firm that offers a robust suite of actively-managed options-based strategies that span yield enhancement overlays, risk reduction, alternative beta, and absolute return investment solutions. Led by investment professionals with decades of experience in advising, structuring and managing option-related strategies, Harvest is an accomplished provider of derivative trading strategies, as well as risk management solutions designed to enhance yield and reduce asset class risk exposure.

This material is not a recommendation to buy, sell, hold or roll over any asset, adopt an investment strategy, retain a specific investment manager or use a particular account type. It does not take into account the specific investment objectives, tax and financial condition, or particular needs of any specific person. Investors should work with their financial professional to discuss their specific situation.

About Nationwide

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com. Follow us on Facebook and Twitter.

 
 
 
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