“Get Paid to Own Gold — This Monthly Income Investment Turns a ‘Dead Asset’ Into a Cash Machine Currently Paying 11.43% Annually” is the headline Eagle Financial Publications uses to sell Bryan Perry’s Cash Machine. The pitch takes aim at gold’s usual flaw: it can sit there looking valuable without producing a penny.
Perry says this investment turns gold exposure into monthly income, with an annual payout of 11.43%, while avoiding mining stocks and the hassle of trading options. We identify the fund below. Confidence is high at 92 out of 100, though the exact 11.43% rate doesn’t survive a clean check.
What the pitch tells you without telling you
The giveaway is the combination of a gold-backed exchange-traded fund, monthly distributions, a stated allocation of about 25% to gold, and an options-income strategy layered on top. The pitch also says investors can collect the income without trading calls themselves, and that most distributions are classified as return of capital.
The same idea is also branded as “Golden Income Investment,” “Golden Income Play,” and “11.43% Gold ETF.” Those names refer to the same pitch, not separate discoveries.
The stock behind Get Paid to Own Gold
The fund is NEOS Gold High Income ETF, ticker IAUI. Its SEC-filed summary prospectus says it invests up to 25% of assets in exchange-traded Gold ETPs and uses options to pursue high monthly income. That is a very tight fit with the promotion’s fingerprints.
The gold clue is especially strong. IAUI is not a mining-stock portfolio: its prospectus describes exposure to Gold ETPs, while iShares describes the referenced IAU fund as providing exposure to physical gold. IAUI is also listed on Cboe BZX Exchange, which matches the promotion’s promise of a major U.S.-listed investment.
The identity is strong even where the copy gets slippery. IAUI’s current NEOS page reports a 11.79% distribution rate, not 11.43%; rates move, and no dated source confirms the promotional figure. The fund’s prospectus also describes purchased calls, sold puts and written calls, rather than a simple 25%-gold-plus-75%-covered-calls recipe.
Checking the pitch against the filings
The claim-by-claim checks separate what IAUI’s filings and fund materials support from what the promotion smooths over. The central structure holds: monthly payouts, Gold ETP exposure, an options strategy run inside the fund, and a U.S. exchange listing.
The weak spots are the exact yield and the description of the mechanics. IAUI’s prospectus says it doesn’t seek leveraged exposure to Gold ETPs, but it also acknowledges the leverage inherent in options contracts. Its written calls are sized at 50% to 100% of net assets, while the synthetic exposure created by purchased calls and sold puts can reach up to 75% notional exposure. That’s more complicated than the sales copy suggests.
| The promotion claims | Verdict | What we found |
|---|
| A groundbreaking new gold investment now pays out 11.43% annually. | Can't verify | NEOS's current IAUI page reports an 11.79% distribution rate rather than 11.43%; because distribution rates change and no dated source established the promotion's historical figure, 11.43% cannot be confirmed. |
| The investment pays out every month. | Checks out | |
Where the pitch outran the record
“The investment is not a leveraged trade.” — IAUI's SEC-filed prospectus says the fund does not seek leveraged exposure to Gold ETPs, but also acknowledges that it uses the leverage inherent in options contracts. “The other three-fourths of assets are used with a covered call strategy on gold positions.” — IAUI's SEC-filed prospectus separates up-to-75% notional synthetic exposure created with purchased calls and sold puts from written calls sized at 50% to 100% of net assets; it does not describe the remaining 75% of assets as covered calls.
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The rest of the catalogue
This is the second Bryan Perry promotion we’ve identified. His earlier “Safe 14.1% Income Fund” pitch led to NEOS Nasdaq-100 High Income ETF, ticker QQQI, which was up 1.24% since we identified it.
Worth owning, or just worth pitching?
The pitch’s central claim is simple: gold is a dead asset, so add an options strategy and turn it into a monthly cash machine paying 11.43%.
The first link holds. IAUI really does combine Gold ETP exposure with an options-income strategy, and it really does pay monthly. The break comes in the tidy explanation of how that income is produced. The other three-fourths of the fund is not simply sitting in covered calls on gold positions. The prospectus describes synthetic exposure built with purchased calls and sold puts, alongside written calls sized at 50% to 100% of net assets. Options are doing more than the headline lets on.
The rate is another loose floorboard. NEOS currently reports a 11.79% distribution rate, but that doesn’t verify the advertised 11.43%, which may have been calculated at a different time. And a large share of recent distributions was estimated as return of capital: 92% for a June 27, 2025 distribution and 84% for a 2026 distribution. That can make the cash look like income even when part of it is a distribution of invested capital; final tax treatment arrives later on Form 1099-DIV.
IAUI is a plausible niche fund for someone who wants gold exposure and is comfortable with options-based income. It isn’t a magic income machine, and it isn’t the same as owning a bar of gold that somehow learned to write calls. The fund’s merits depend on accepting the strategy’s complexity, variable distribution rate and return-of-capital profile, not on the neatness of the 11.43% promise.
How confident are we? 92 out of 100. We identified NEOS Gold High Income ETF (IAUI) from the promotion's own clues and checked 10 of its claims against filings, earnings calls, ownership records, market data and public reporting. This is our analysis, not the publisher's disclosure — we have no relationship with them.
