Motley Fool Files for Five ETFs Targeting Income and Downside Protection

Motley Fool Asset Management has filed for five actively managed ETFs combining exposure linked to the Fool 100 Index with different options strategies. The index selects 100 large U.S. companies from The Motley Fool’s recommendation universe. The Motley Fool 100 Premium Income ETF would sell calls on individual holdings, equity indexes or related instruments, adjusting the portfolio coverage, strike prices and maturities to balance income generation with participation in stock-market gains. The Motley Fool 100 Tax Efficient Premium Income ETF would buy and sell cash-settled index options, including contracts intended to qualify under Section 1256, while potentially using tax-loss harvesting and managing the timing of gains and losses to improve the tax character of returns. The Motley Fool 100 Yield Plus ETF would supplement equity returns by selling puts, potentially buying lower-strike puts to limit losses on those positions, although the overlay could increase overall downside exposure and volatility. The Motley Fool 100 Hedged ETF would use puts and calls to seek lower downside risk over approximately three-month hedge periods. Its positions would be actively adjusted, meaning upside participation and downside protection could change throughout each period, with no fixed cap or buffer. The Motley Fool 100 Premium Income Buffer ETF would combine Treasuries, cash and exchange-traded options, potentially including FLEX options, to target distributions, capped upside and a specified buffer against losses over annual outcome periods. Those outcomes would depend on holding shares for the full period and are not guaranteed. The initial cap, buffer percentages and outcome dates remain unspecified.