Nicholas Wealth announces $0.40 monthly distributions for the GIAX ETF

From GlobeNewswire: 2024-08-28 06:55:00

Nicholas Wealth announced monthly distributions on the Nicholas Global Equity and Income ETF (GIAX), with a distribution per share of $0.40 as of 8/27/2024. The ETF was launched in partnership with Tidal Investments LLC and seeks current income and capital appreciation by holding shares of unaffiliated passively managed ETFs and selling daily index credit call spreads. Investors should carefully consider the risks involved, including derivatives, counterparty risk, equity market risk, high portfolio turnover risk, non-diversification risk, hedging transactions risk, illiquid investments risk, interest rate risk, and new fund risk. GIAX is an actively managed ETF focused on generating income and preserving wealth.



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