Tech Giants' New Plaything: A 0. 88% Fee ETF with a Daily Income Twist The Cboe Magnificent 10 Growth & Daily Income ETF, TMGN, is the latest addition to the crowded exchange traded fund space.
This actively managed fund targets tech giants and options income, with an eye catching management fee of 0. 88%, significantly lower than some of its rivals.
TMGN's approach to generating monthly income involves a daily covered call strategy that can potentially provide higher income potential in volatile markets.