HANetf Debuts Europe’s First ETF Targeting Weekly Income

Aura ETFs, in partnership with HANetf, has launched the Weekly World Income UCITS ETF (WEEK), billed as Europe’s first ETF designed to make weekly income distributions. The fund combines diversified global equity exposure with actively managed covered calls and call spreads to generate additional income alongside potential capital growth. Charging a 0.50% TER, WEEK enters a growing European options-based ETF market that has surpassed $11bn in assets. The strategy targets investors seeking more frequent income than traditional monthly or quarterly distributions.