The folks at a three-year-old, Constitution State fund firm are rolling out their 14th exchange-traded fund.

Today, the Neos Investments [profile] team launched the Neos Ethereum High Income ETF (NEHI on the Cboe BZX Exchange). Westport, Connecticut-based Neos Investment Management, LLC serves as investment advisor to the new ETF.

NEHI comes with an expense ratio of 98 basis points. The new fund's inception date is today.

Troy Cates and Garrett Paolella, managing partners of Neos, are the PM team powering NEHI. The new ETF combines ether exposure (via investing in spot ether ETPs) with an ether-focused options strategy (for generating income).

NEHI is an actively managed series of Neos ETF Trust. The new fund's other service providers include:

Cohen & Company, Ltd. as independent accounting firm;

ACA's Foreside Fund Services, LLC as distributor;

Thompson Hine LLP as counsel;

U.S. Bancorp Fund Services, LLC (dba U.S. Bank Global Fund Services) as transfer agent; and

U.S. Bank, N.A. as custodian.

 

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