REX Shares Unveils Latest Covered Call ETF Designed to Enhance Exposure to Crypto Leaders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2024
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Source: Newsfilter
Launch of CEPI: REX Financial has introduced the REX Crypto Equity Premium Income ETF (CEPI), which utilizes a covered call strategy to provide investors with exposure to top U.S. cryptocurrency companies while generating enhanced monthly income.
Investment Strategy and Risks: CEPI targets the BITA Crypto Assets & Digital Payments Index, focusing on 25 crypto-related firms, but carries risks including industry concentration, liquidity, derivatives, distribution variability, and high volatility associated with crypto assets.
Analyst Views on CEPI
Wall Street analysts forecast CEPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CEPI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 35.310
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Current: 35.310
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
