WEBCASTS

A perspective on markets and income ETFs in 2023:
Tax efficiency and other factors to consider

Income-focused ETFs have rapidly grown in popularity over the past few years. Investors now have access to many strategies across asset classes with varying methods of generating portfolio income. With a growing number of ETFs to choose from, it’s more important than ever to understand that not all income ETFs are created equally.

One category in particular – options-based ETFs – has seen significant growth over the past few years. This attractive category of ETFs may offer an alternative way to generate portfolio income compared to traditional income-oriented asset classes.

January 31, 2023
11am PT | 2pm ET
1 CE Credit
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SUMMARY

Join Nationwide, Harvest Volatility Management, and VettaFi for a focused discussion on options-based income ETF strategies, the potential pros and cons of varying approaches and factors advisors may want to consider to achieve their clients’ desired investment outcomes.

Please join us to learn about:

  • Current market dynamics and the investment outlook for income investors in 2023
  • A review of options-based income ETF factors to consider such as tax efficiency
  • Targeting secular opportunities as part of a diversified, core income allocation

Accepted for one hour of CFP/IWI/The American College CE credit for live and on-demand attendees

CFA Institute members are encouraged to self-document their continuing professional development activities in their online CE tracker.

SPEAKERS

Mark Hackett, CFA, CMT

Chief of Investment Research
Nationwide

Troy Cates

Managing Director and Portfolio Manager
Harvest Volatility Management

Tom Lydon

Vice Chairman
VettaFi

Disclaimer
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Important Disclosures

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The Funds’ returns may not match or achieve a high degree of correlation with the return of the respective underlying index. Diversification does not assure a profit nor protect against loss in a declining market.

Call 1-800-617-0004 to request a summary prospectus and/or a prospectus, or download prospectuses at etf.nationwidefinancial.com. These prospectuses outline investment objectives, risks, fees, charges and expenses, and other information that you should read and consider carefully before investing.

Expense ratios are as of the most recent prospectus. Please see the Fund prospectus for more detail.

KEY RISKS

The Nationwide Nasdaq-100® Risk-Managed Income ETF (“NUSI”), Nationwide S&P 500® Risk-Managed Income ETF (“NSPI”), Nationwide Dow Jones® Risk-Managed Income ETF (“NDJI”), and Nationwide Russell 2000® Risk-Managed Income ETF (“NTKI”) (collectively, the “Risk-Managed Income ETFs”) are subject to the risks of investing in equity securities, including tracking stock (a class of common stock that “tracks” the performance of a unit or division within a larger company). A tracking stock’s value may decline even if the larger company’s stock increases in value. The Risk-Managed Income ETFs are subject to the risks of investing in foreign securities (currency fluctuations, political risks, differences in accounting and limited availability of information, all of which are magnified in emerging markets). The Risk-Managed Income ETFs may invest in more-aggressive investments such as derivatives (which create investment leverage and illiquidity and are highly volatile).

The Risk-Managed Income ETFs employ a collared options strategy (using call and put options is speculative and can lead to losses because of adverse movements in the price or value of the reference asset). The success of the Risk-Managed Income ETFs’ investment strategy may depend on the effectiveness of the subadviser’s quantitative tools for screening securities and on data provided by third parties. The Risk-Managed Income ETFs expect to invest a portion of their assets to replicate the holdings of an index. Correlation between Fund performance and index performance may be affected by Fund expenses and because the Fund may not be invested fully in the securities of the index or may hold securities not included in the index.

The Risk-Managed Income ETFs frequently may buy and sell portfolio securities and other assets to rebalance its exposure to various market sectors. Higher portfolio turnover may result in higher levels of transaction costs paid by the Risk-Managed Income ETFs and greater tax liabilities for shareholders. The Risk-Managed Income ETFs may concentrate on specific sectors or industries, subjecting them to greater volatility than that of other ETFs. The Risk-Managed Income ETFs may hold large positions in a small number of securities, and an increase or decrease in the value of such securities may have a disproportionate impact on the Funds’ value and total return. Although the Risk-Managed Income ETFs intend to invest in a variety of securities and instruments, the Risk-Managed Income ETFs will be considered non-diversified. Additional risks include: Collared options strategy risk, correlation risk, derivatives risk, foreign investment risk, industry concentration risk, and market capitalization risk (large-capitalization investing risk for NUSI, NSPI, and NDJI; small-capitalization investing risk for NTKI).

Nationwide Fund Advisors (NFA) is the registered investment advisor to Nationwide ETFs, which are distributed by Quasar Distributors LLC. NFA is not affiliated with any distributor, subadviser, or index provider contracted by NFA for the Nationwide ETFs. Nationwide is not an affiliate of third-party sources. Representatives of the Nationwide ETF Sales Desk are registered with Nationwide Investment Services Corporation, member FINRA, Columbus, Ohio.

Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2022 Nationwide

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