Betashares Australian Top 20 Equities Yield Maximiser Complex ETF

The Betashares Australian Top 20 Equities Yield Maximiser Complex ETF (YMAX) invests in the top 20 largest companies listed on the Australian Securities Exchange (ASX). Its key strategy is to enhance income by using a technique called "covered call writing," which involves selling options on the shares it holds. This approach aims to generate additional income from the option premiums, potentially boosting overall returns, especially in flat or mildly rising markets. YMAX is designed for investors seeking regular income from dividends and option premiums, while still maintaining exposure to some of Australia's biggest and most established companies. Keep in mind, the management fee for this ETF is 0.64% per year.