Be wary of ‘high yield’ ETFs – here’s why
Many investors look for income rather than growth, and the ‘high yield’ exchange traded funds (ETFs) can look tempting. Here’s why I’d be cautious.
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Betashares Australia Top 20 Equity Yield Max Fund (Managed Fund) ETF (ASX:YMAX) share price analysis. The Betashares YMAX ETF is an actively managed portfolio of Australia’s top 20 blue-chip companies, designed to maximise income by using covered calls.
Many investors look for income rather than growth, and the ‘high yield’ exchange traded funds (ETFs) can look tempting. Here’s why I’d be cautious.
Many investors look for income rather than growth, and the ‘high yield’ exchange traded funds (ETFs) can look tempting. Here’s why I’d be cautious.