Equity Overview
Price & Market Data
Price: $34.29
Daily Change: +$0.995 / 2.90%
Range: $33.30 - $34.30
Market Cap: $0
Volume: 18,019
Performance Metrics
1 Week: 4.24%
1 Month: 7.93%
3 Months: -2.13%
6 Months: 1.52%
1 Year: 14.74%
YTD: 2.91%
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.