Equity Overview
Price & Market Data
Price: $41.58
Daily Change: +$0.426 / 1.02%
Daily Range: $40.97 - $41.58
Market Cap: $0
Daily Volume: 8,480
Performance Metrics
1 Week: 4.12%
1 Month: 1.61%
3 Months: -4.22%
6 Months: -1.86%
1 Year: 21.83%
YTD: -2.60%
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.