What is AAPL aply?

APLY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of AAPL. The Fund’s primary investment objective is to seek current income.

What is Apple aply fund?

The fund seeks to provide current income and capped gains on the Apple stock (AAPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. APLY was launched on Apr 18, 2023 and is issued by YieldMax.

What if AAPL shares increase in value?

The Fund’s strategy will cap its potential gains if AAPL shares increase in value. The Fund’s strategy is subject to all potential losses if AAPL shares decrease in value, which may not be offset by income received by the Fund. The Fund may not be suitable for all investors. Shareholders of the Fund are not entitled to any dividends paid by AAPL.