XFUNDS Memory Income ETF is an actively managed fund that invests at least 80% of net assets in equity securities, depositary receipts, and underlying ETFs of companies deriving at least 50% of revenues or profits from memory-related semiconductor products or storage technologies. The fund targets global leaders in semiconductor memory and pairs this equity exposure with options strategies, including synthetic covered calls, credit call spreads, and credit put spreads, to generate income.
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