Name of ETF: AdvisorShares STAR Global Buy-Write ETF
Benchmark Index: Actively Managed
Ticker Symbol: VEGA
- Employs a buy-write strategy using both ETFs and individual stocks. The ETF provider states that is estimates 60 to 85 percent of its positions will have covered options.
- Invests in U.S. equities, non-U.S. equities and fixed income.