Search for an ETF or holding
KraneShares KWEB Covered Call Strategy ETF
KLIP (KraneShares KWEB Covered Call Strategy ETF) is a covered call US Equity ETF by KraneShares. With a 0.95% MER, it provides diversified exposure through 7 holdings. Monthly distribution with a 29.35% yield.
KLIP by KraneShares uses a covered call strategy. By selling call options on its holdings, it generates additional income at the cost of capped upside potential during bull markets.
Its 0.95% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 29.35% yield, making it attractive for income-seeking investors.
This ETF is primarily aimed at investors in the distribution phase or seeking regular income, particularly in a TFSA where distributions are tax-free.