Monday, November 26, 2012

BetaShares Launch ASX20 income product YMAX

I was at the morning launch today of the Betashares YMAX; also referred to as the Australian Equity Top 20 Equity Yield Maximiser Fund.

Given how far we've come in the market, this may be a good product if we are to see a capped upside in the ASX equity performance.  A good way to gain 3-7% premium on written calls at lower cost to execute than if you were to do it yourself.  Remember those tasty Aussie Dividends are also added.  Look out below if the market falls less than 20% (which then you justify with the 'long term holder' mantra).  In all seriousness, a good addition to the already stacked Betashare lineup of ETFs on the ASX.