Key stats
About Main BuyWrite ETF
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Inception date
Sep 12, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Main Management Fund Advisors LLC
Distributor
Northern Lights Distributors LLC
ISIN
US66538H1793
BUYW is intended to be a small portion of an equity allocation in a portfolio. Using a fund-of-funds approach, BUYW actively selects ETFs based on fundamental reversion to mean analysis. The funds adviser considers macroeconomic factors, like interest and currency rates, inflation trends, economic growth forecasts, and other global and capital market fundamentals over a 12-18 month time horizon. Based on this analysis, ETFs are selected that appropriately represent these strategic targets. Put options may be written in order to acquire positions or generate income. The fund will also write one-month covered call or index-based options of up to 100% of the ETFs value in the fund portfolio in order to generate additional income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF116.85%
Mutual fund3.17%
Rights & Warrants−20.02%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BUYW invests in funds. The fund's major sectors are ETF, with 116.85% stocks, and Mutual fund, with 3.17% of the basket. The assets are mostly located in the North America region.
BUYW top holdings are iShares Core S&P 500 ETF and BNY Mellon US Large Cap Core Equity ETF, occupying 44.60% and 12.17% of the portfolio correspondingly.
BUYW last dividends amounted to 0.07 USD. The month before, the issuer paid 0.07 USD in dividends,
BUYW assets under management is 824.90 M USD. It's risen 4.15% over the last month.
BUYW fund flows account for 303.40 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BUYW pays dividends to its holders with the dividend yield of 5.90%. The last dividend (Aug 27, 2025) amounted to 0.07 USD. The dividends are paid monthly.
BUYW shares are issued by Main Management LLC under the brand Main Funds. The ETF was launched on Sep 12, 2022, and its management style is Active.
BUYW expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
BUYW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUYW invests in funds.
BUYW price has risen by 0.21% over the last month, and its yearly performance shows a 2.83% increase. See more dynamics on BUYW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.71% over the last month, showed a 2.74% increase in three-month performance and has increased by 9.59% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.71% over the last month, showed a 2.74% increase in three-month performance and has increased by 9.59% in a year.
BUYW trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.