FIAX, a next-generation bond fund created by Nicholas Wealth.

Download the FIAX brochure to learn more about how FIAX may enhance your fixed income allocation.

We believe FIAX is a next-generation bond fund. As an actively managed ETF, FIAX seeks to provide income using U.S. Treasury fixed income securities and a “defined risk option premium.” The use of options can replicate a diversified portfolio of income producing ETFs while seeking to mitigate risk with a majority holding in U.S. Treasuries.

FIAX strategy consist of 3 components:

U.S. Treasuries
Under normal circumstances, the Fund will invest at least 80% of its net assets in U.S. Treasury fixed income securities.

Options spread across multiple ETFs
The Fund’s defined risk option premium strategy uses options on ETFs across multiple asset classes (e.g., equities, commodities, fixed income).

Directional S&P 500 Exposure
By creating a directional S&P 500 option position, the Fund can participate in the upside movement of the underlying SPY ETF.