KEDI Tesla Income Premium Balanced Index

The index is designed to provide investors with a strategy that combines targeted long exposure to Tesla Inc. (TSLA) equity and Korea Treasury Bond with a systematic approach to generating income through the sale of call options on TSLA. By maintaining a core position in TSLA stock, the index captures the potential for capital appreciation in the company, which is a leading innovator in electric vehicles, renewable energy, and cutting-edge technology. Simultaneously, the strategy incorporates a short exposure to TSLA call options, allowing investors to collect premium income in exchange for capping potential upside beyond the strike price of the sold options. An overall covered call position and treasury bond position looks to provide a balanced investment strategy that captures both capital growth and income provision.