this post was submitted on 20 Jun 2023
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Personal Finance Canada
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So let's add the description to the comments :)
Some investors are attracted to covered call funds because of their high income yields and seemingly high risk-adjusted returns. However, the appearance of high income and high risk-adjusted returns is the result of clever financial product design, not of actual improvements to returns or risk-adjusted returns.
PS : welcome :)
Added to the body. I was gonna suggest this as a banner but I won't. ๐
Bah, let's have some fun !
๐