Equity Overview
Price & Market Data
Price: $37.07
Daily Change: +$0.0628 / 0.17%
Range: $36.91 - $37.14
Market Cap: $0
Volume: 8,953
Performance Metrics
1 Week: 1.05%
1 Month: 5.64%
3 Months: 18.17%
6 Months: 5.28%
1 Year: 16.06%
YTD: 10.98%
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.