Q: Oops sorry about that. The correct symbol is ECAT . And the question is as follows ......
" Saw a question on ECAT the other day. Just trying to figure out exactly what it is and what type of market will affect it's price ..... I realize it is made up of both security and debt but don't really understand the structure of the product { but that juicy 22.28% yield is attractive } Could 5i explain the structure in detail and what market conditions will affect the price both up and down ? And assign a risk factor with one being a UMAX and ten being a YTSL ? .... Thanks for your terrific service "
Q: Despite the lack of fundamental data (on the sources available to me), the Pt & Figure chart and a comparison of chart activity to other ETFs (e.g. QYLD, RYLD, et al.) suggests that ECAT could be valuable for an income investor. What is your take?