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Welcome to the Parachute Podcast, where host Tom Lydon discusses the experience, wit and wisdom of people of influence in the area of finance and investing.

You’ve landed at a place where advisors and investors are looking to learn from others.

A financial parachute offers you safety over time. But your parachute is different from everyone else’s. It’s made from experiences, time, people you know and your own individual interests.

How much time and effort you put into building your parachute will determine how safely you will land.

But first, you need the guts to jump.

Apr 16, 2020

ETF Trends CEO Tom Lydon discussed the Nationwide Risk-Managed Income ETF (NUSI) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

NUSI is actively managed portfolio of stocks included in the Nasdaq-100 Index and an options collar. Per index rules, the fund only invests in the top 100 largest by market cap, nonfinancial stocks listed on NASDAQ. A collar strategy involves selling or writing call options and buying put options, thus generating income to hedge some downside risk. The strategy seeks to generate high current income on a monthly basis from any dividends received from the underlying stock and the option premiums retained.