*Past performance is not indicative of future results.
Summary
The Investment Strategy seeks to generate monthly income by selling each day put options on the Nasdaq 100 index or the Invesco QQQ Trust with a Daily Option Expiry and paying a return on the cash held. The ETP Securities aim to harvest yields, while retaining upside exposure to up to the options’ Strike Price.
Why Nasdaq 100 Options (0DTE) ETP?
Potential for Enhanced Income
Enhanced monthly income from premiums received through options selling and a return on cash.
Upside Exposure
Participation in the upside potential of 0DTE up to the options’ strike price.
Partial Downside Protection
Income generated from selling options may help cushion against market downturns.
Capital at risk. You may lose some or all of your investment.
Net Asset Value
- NAV (as of 04 Jun 2025)
- $4.93
- Daily Change (of NAV)
- 0.02
- Daily Return (based on % NAV change)
- 0.44%
Key Information
- Inception Date
- 28 Aug 2024
- Annual Management Fee
- 0.45%
- Distribution Yield*
- 113.26%
- Strategy
- Cash Covered Put
Structure
- Structure
- ETP
- Domicile
- Ireland
- Replication Method
- Physical
- Use of Income
- Distributing
- Physical Assets
- Yes (Underlying securities)
- Underlying Asset
- Cash + Short Nasdaq 100 Put Option
Distribution Calendar
Monthly Distribution
| Declaration Date | Ex-Date | Record Date | Payment Date | Distribution Per Share |
|---|---|---|---|---|
| 30 May 2025 | 02 Jun 2025 | 03 Jun 2025 | 11 Jun 2025 | $0.4652 |
| 30 Apr 2025 | 01 May 2025 | 02 May 2025 | 12 May 2025 | $1.0116 |
| 31 Mar 2025 | 01 Apr 2025 | 02 Apr 2025 | 10 Apr 2025 | $0.7553 |
*The Distribution Rate is the annual yield an investor would receive if the most recently declared distribution, which includes option income and cash return, remained the same going forward. The Distribution Rate is calculated by multiplying an ETP’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETP’s most recent NAV. The Distribution Rate represents a single distribution from the ETP and does not represent its total return. Distributions are not guaranteed.
Tax & Legal
- UCITS Eligible
- Yes
- UK Fund Reporting Status
- Pending
- SIPP
- Yes
- ISA
- Yes
Listings & Tickers
| Country | Exchange | Base Currency | Trading Currency | Exchange Code | ISIN | SEDOL | BBG Ticker | RIC | WKN | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| UK | London Stock Exchange | USD | USD | QQQY | XS2875105608 | BM8ZBC9 | QQQY LN | QQQY.L | A4A50Q | 28 Aug 2024 |
| UK | London Stock Exchange | USD | GBP | QQQO | XS2875105608 | BM8ZBF2 | QQQO LN | QQQO.L | A4A50Q | 28 Aug 2024 |
| DE | Deutsche Börse Xetra | USD | EUR | QQQY | XS2875105608 | BQNKXF4 | QQQY.GY | QQQY.DE | A4A50Q | 15 Nov 2024 |
Holdings
| Name | Ticker | SEDOL | Market Price | Currency | Shares Held | Market Value |
|---|---|---|---|---|---|---|
| Cash | Cash_USD_56 | Cash | 1 | USD | 8976180 | 8976180 |
| QQQ Jun05'25 531.0 Put | QQQ 250605P00531000 | N/A | 3.2906 | USD | -168 | -55282.1 |
Key Services Providers
- Issuer
- Leverage Shares PLC
- Arranger
- Leverage Shares Management Company Limited
- Trustee
- Apex Corporate Trustees (UK) Limited
- Issuing and Paying Agent
- Elavon Financial Services DAC
- Registrar
- Elavon Financial Services DAC
- Custodian
- Interactive Brokers LLC and/or Morgan Stanley & Co LLC
- Portfolio Administrators
- GWM Limited
- Determination Agent
- Calculation Agent Services LLC
- Broker Dealer of Record
- GWM Limited
- Initial Authorised Participant
- Virtu Financial Ireland Limited
ETP Documents
- Fact Sheet
-
- Final Terms
- Key Information Documents
- Reportable Income
-
- EMT
-
- Supplemental Trust Deed
-
- Prospectus
- Prospectus (FCA) 17 July 2024
- Prospectus (CBI) 17 July 2024
- Prospectus (FCA) 15 March 2024
- Prospectus (CBI) 15 March 2024
- Prospectus (FCA) 18 October 2023
- Prospectus (CBI) 18 October 2023
- Prospectus (CBI) 4 May 2023
- Prospectus (FCA) 4 May 2023
- Supplement 17 October 2022
- Supplement 1 June 2022
- Prospectus 16 May 2022
- Prospectus 7 December 2021
- Supplement 8 October 2021
- Supplement 17 September 2021
- Supplement 6 May 2021
- Supplement 4 March 2021
- Prospectus 18 December 2020
- Prospectus 6 November 2020
- Prospectus 5 February 2020
Notices
- Latest Notice
- All Product Notices
- 30.05.2025 Notice of Interest Notification
- 30.04.2025 Interest Notification
- 31.03.2025 Interest Notification
- 28.02.2025 Notice of Interest Notification
- 31.01.2025 Notice of Interest Notification
- 31.12.2024 Notice of Interest Notification
- 29.11.2024 Notice of Interest Notification
- 31.10.2024 Notice of Interest Notification
- 30.09.2024 Interest Notification
- 29.08.2024 Notice of Amendment Interest Notification Calendar
- 07.08.2024 Notice of Interest Amount Payments Calendar
- 31.07.2024 Interest Notification
