VistaShares Target 15 Berkshire Select Income ETF(AMEX:OMAH)

OMAH aims to generate an annual 15% income through a covered call options strategy. This is a buy-write strategy based on the constituents of the Solactive VistaShares Bershire Select Index. The index includes 21 US large-cap stocks representing the publicly disclosed holdings of Berkshire Hathaway. Investments are actively weighted. Although the underlying securities primarily consist of large-cap stocks, they may also include mid-cap companies. To generate income, the fund writes options on some or all of the underlying securities. Note that these options may limit potential gains in exchange for premium income. Up to 10% of the assets may consist of cash or US Treasuries for collateral and income. The fund may also invest in non-index securities, depending on market conditions or regulatory requirements.