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BNY Mellon’s global head of ETFs suggested exchange-traded funds using options overlays could become next year’s hot product.
“We are absolutely going to see more of these options-based products come to market,” Ben Slavin told CNBC’s “ETF Edge” on Monday. “We see it in our own book.”
Options overlays are a way for investors to hedge against downside.
“Ultimately, there’s going to be more issuers that are continuing to chase this trend that we’re seeing,” Slavin said.
This article was originally published by Cnbc.com. Read the original article here.