Equity Overview
Price & Market Data
Price: $41.53
Daily Change: +$0.126 / 0.30%
Daily Range: $41.35 - $41.69
Market Cap: $0
Daily Volume: 3,427
Performance Metrics
1 Week: 1.64%
1 Month: 5.10%
3 Months: 13.68%
6 Months: 4.12%
1 Year: 13.11%
YTD: 10.97%
Details
The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a 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 option overlay consists of purchasing exchange-traded and over the counter ("OTC") put and call options on the S&P 500 Index or an S&P 500 Index ETF.