- What does GINX invest in?
- The SGI Enhanced Global Income ETF (GINX) is a professionally managed investment vehicle that aims to achieve its financial goals through a two-pronged approach. First, it strategically invests in international corporations that distribute dividends and are listed on U.S. stock exchanges. Second, the fund utilizes various options-based strategies to create ongoing revenue. Specifically, it actively trades both put and call options, concentrating on those with strike prices significantly far from the current market value and with very short expiration dates, typically ranging from one to seven days, to generate premium income.
- What is the expense ratio of GINX?
- SGI Enhanced Global Income ETF (GINX) charges an expense ratio of 1.02%. This is the annual fee deducted from fund assets to cover management and operations.
- What is GINX's distribution yield?
- GINX's trailing-twelve-month yield is 1.98%, calculated from the sum of distributions over the past year divided by the current price.
- How does GINX's covered-call strategy work?
- GINX sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.
- How big is GINX?
- SGI Enhanced Global Income ETF (GINX) manages $107.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is GINX actively managed or an index fund?
- GINX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
