TappAlphaUBS Enters Active Equity ETF Market With Global Income Strategy
UBS Asset Management has launched its first active equity ETF in Europe with the UBS Global Equity Income Plus UCITS ETF (FGZJ).
TappAlpha has launched the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (Cboe: TMGN), expanding its options-based Growth + Income ETF lineup. The fund provides exposure to the equal-weighted Cboe Magnificent 10 Index while using a daily options overlay to generate tax-efficient income. The index includes Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta, Tesla, Broadcom, AMD, and Palantir. TMGN follows TappAlpha surpassing $500 million in assets under management and broadens its suite of income-focused equity ETFs.
At a glance
- Beat
- Launches
- Issuer
- TappAlpha
- Region
- United States
- Filed
- 15 July 2026
Source: Press Release
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