2min chapter

Animal Spirits Podcast cover image

When Money Becomes a Liability (EP.296)

Animal Spirits Podcast

CHAPTER

Covered Call Funds - What's Going On?

Covered call funds provide limited protection against losses of stops, dropped in exchange. They preclude you from capturing all the stock market gains. JPMorgan Equity Premium income fund lost 19% compared to 32% loss for NASDAQ one last year.

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