Equity Overview
Price & Market Data
Price: $38.30
Daily Change: +$0.0443 / 0.12%
Daily Range: $38.19 - $38.44
Market Cap: $0
Daily Volume: 3,840
Performance Metrics
1 Week: 0.56%
1 Month: 3.72%
3 Months: 11.99%
6 Months: 8.75%
1 Year: 21.56%
YTD: 13.39%
Details
The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds ("ETFs"). The downside convexity option overlay strategy includes purchasing exchange-traded and over-the-counter ("OTC") put options on the S&P 500 Index or an S&P 500 Index ETF.