Equity Overview
Price & Market Data
Price: $38.07
Daily Change: +$0.379 / 1.00%
Daily Range: $37.63 - $40.11
Market Cap: $0
Daily Volume: 6,348
Performance Metrics
1 Week: 4.01%
1 Month: 0.63%
3 Months: -4.66%
6 Months: -3.25%
1 Year: 12.10%
YTD: -3.38%
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.