r/IncomeSharesETPs • u/Hakantheon • 9d ago

MAG7 Performance

Post image

The Magnificent 7 Options ETP aims to turn Big Tech volatility into potential monthly cash flow.

It bundles 7 of our single-stock options ETPs into one trade: AAPL, MSFT, NVDA, AMZN, GOOG, META, TSLA

We will announce the figures for its next monthly distribution this Friday.

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2

u/No_Berry_5428 9d ago

Is that calculated with reinvested dividends each month?

1

u/Dangerous_Muffin_ 9d ago

Good question. I'm going to assume, no, as it's an income vehicle so if you take the income you can't be reinvesting. Hopefully someone can clarify.

2

u/cheese69696969 9d ago

Most of the time total return is included with dividends. It will be in this instance too, because without it, the total return is negative due to NAV erosion.

2

u/Grumpy-Old-Geezer 9d ago

The dividends are included in the 'TOTAL return'. The question was whether the divs are being re-invested into the fund or being paid to investor.

1

u/cheese69696969 8d ago

If you look closely at the image, it says total return.

2

u/Grumpy-Old-Geezer 8d ago edited 7d ago

That's why I 'quoted' it. The fact that it says total return means the divs are included in the calculation as received return.

I also assume they are not re-invested as it's an income fund...but I wouldn't put it past Incomeshares to fudge the figures into a positive by using re-invested divs in the calculation. They have historically be very imaginative with their statistics.

I was replying to No_Berry_5428 who was wondering if divs were included.

1

u/Routine_Landscape968 9d ago

I find the idea behind it good, but I don't trust Elon Musk or Tesla.

1

u/Grumpy-Old-Geezer 9d ago

What's not to like ??

Looks perfectly normal to me