KNG ETF

Vancouver, British Columbia--(Newsfile Corp. - November 18, 2024) - KINGSMEN RESOURCES LTD. (TSXV: KNG) (OTCQB: KNGRF) ("KINGSMEN" or the "COMPANY") is pleased to announce the closing of its non-brokered private placement financing (the "Private Placement") announced on October 24, 2024.

Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - KINGSMEN RESOURCES LTD. (TSXV: KNG) (OTCQB: KNGRF) ("KINGSMEN" or the "COMPANY") announces that further to a price reservation filed on October 21, 2024 the Company has arranged a non-brokered private placement financing (the "Financing") of up to 4,000,000 units (each a "Unit"), at a price of $0.25 per Unit, to raise up to $1,000,000.

These ETFs yield 7% or more and outperformed the S&P 500 over the past one month.

FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF offers instant diversification and a high dividend yield of 8.8% through a covered call strategy. KNG underperforms the S&P 500 due to its option writing strategy, limiting price appreciation but providing higher current income for income-focused investors. KNG's dividend has grown rapidly at a CAGR of 33.74% over the last five years, making it attractive for income investors despite potential tax implications.

FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF holds S&P 500 dividend aristocrats in equal-weight and sells covered calls options. KNG ETF valuation looks slightly better than the S&P 500, whereas growth and quality metrics are average. Compared to the S&P 500 Dividend Aristocrats Index, KNG has a higher yield, but a lower total return since the fund's inception.

FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF uses a buy-write strategy with dividend aristocrats to generate income and yield. The KNG ETF has a diversified portfolio of 67 stock holdings and 66 positions in options, with a concentration in Consumer Staples and Industrials sectors. KNG has outperformed other S&P 500 buy-write ETFs since 2018, offering high dividend yield and potential for capital appreciation. However, its distributions may be variable and expense ratio is high.

Covered call ETFs have attracted over $25 billion in net flows this year, surpassing the total for 2022. The FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF is a veteran ETF in the covered call space. KNG has a hold rating due to its construct, weak relative returns, and significant sector and style wager compared to the broad stock market.

First Trust Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF implements a buy-write strategy with dividend aristocrats. It is well-diversified across sectors and holdings. KNG outperforms other S&P 500 buy-write ETFs since 2018, but lags behind JEPI and FTHI in the last 3 years.