Equity Overview
Price & Market Data
Price: $25.63
Daily Change: -$0.06 / 0.23%
Daily Range: $25.61 - $25.78
Market Cap: $0
Daily Volume: 41,751
Performance Metrics
1 Week: 0.08%
1 Month: 1.38%
3 Months: 8.05%
6 Months: -1.06%
1 Year: 2.27%
YTD: 1.10%
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.