A new ETF is offering investors the chance to follow in the footsteps of one of the world’s most successful investors and earn income at the same time.

What Happened: The VistaShares Target 15 Berkshire Select Income ETF (OMAH) is now available for investment. It holds the top 20 most heavily weighted stocks in Berkshire Hathaway (NYSE:BRK), including shares of Berkshire Hathaway itself.

The ETF aims to generate an annual income of 15% by selling call options and distributing monthly payments of 1.25% to shareholders.

Currently, Berkshire Hathaway, which has seen a 17% return year-to-date, is the largest holding in the ETF, making up 10.6% of the fund, reports CNBC.

Also Read: Warren Buffett Doubles Down On Japan: Another Yen Bond Blitz Amid Growing US Market Volatility

Other significant holdings include Apple Inc. (NASDAQ:AAPL), American Express (NYSE:AXP), Kroger (NYSE:KR), VeriSign (NASDAQ:VRSN), Bank of America (NYSE:BAC), Citigroup (NYSE:C), Visa (NYSE:V) and Coca-Cola (NYSE:KO).

This new ETF provides a unique opportunity for investors to emulate Buffett’s investment strategy and earn income at the same time.

This is a feature that Berkshire Hathaway does not offer, as it is well-known for not paying a dividend.

The ETF’s strategy of selling call options and distributing monthly payments to shareholders is designed to generate a steady income stream, making it an attractive option for income-focused investors.

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