Curt Brockelman: Finding Income in a Low-Yield World with ‘NUSI’

Volatile equity markets can be scary for retirees—but for savvy investors, they can also be an opportunity.

Using a sophisticated options strategy, the Nationwide Risk-Managed Income ETF (NUSI) seeks to harness the volatility of the markets as a way to generate consistent current income.

The fund uses covered calls on the NASDAQ 100 Index—in other words, the manager sells call options owns an equivalent amount of the underlying NASDAQ 100 securities. Call options give the holder the right but not the obligation to buy the underlying asset. As such, covered call strategies have the potential to generate a steady income stream.

NUSI’s day-to-day options management is handled by its sub-advisor, Harvest Volatility Management, a shop that specializes in derivatives and volatility investing.

Recently we sat down with Curt Brockelman, the cofounder and managing partner of Harvest Volatility Management, to dig under NUSI’s hood and learn more about what makes the fund tick.