Equity Overview
Price & Market Data
Price: $24.91
Daily Change: +$0.10 / 0.40%
Daily Range: $24.61 - $24.98
Market Cap: $0
Daily Volume: 76,180
Performance Metrics
1 Week: 2.17%
1 Month: -1.31%
3 Months: -3.45%
6 Months: -2.85%
1 Year: 7.19%
YTD: -3.37%
Details
In implementing its strategy, the manager employs a methodology similar the MerQube Hedged Premium Income Index (the “MQKHPI”). The MQKHPI is designed to be 100% invested in the Vanguard S&P 500 ETF (VOO) while selling 1-Month call options and purchasing 3-Month put options on the SPDR S&P 500 ETF (SPY). The MQKHPI aims to generate income from selling call spreads while providing downside protection through the purchase of put spreads, maintaining exposure to the U.S. large-cap equity market. The fund is non-diversified.