Equity Overview
Price & Market Data
Price: $28.05
Daily Change: $0.00 / 0.00%
Range: $0 - $0
Market Cap: $0
Volume: 0
Performance Metrics
1 Week: -0.32%
1 Month: -4.09%
3 Months: -6.44%
6 Months: -7.85%
1 Year: 7.68%
YTD: -4.50%
Details
The fund will invest at least 80% of its net assets in the securities that comprise the index, which will primarily include U.S. Treasury securities and long-dated call options ("LEAP Options") on the SPDR S&P 500 ETF Trust ("SPY"). The index is a rules-based, quantitative index that seeks to provide capital protection against the unpredictable, rare and highly disruptive events that have come to be referred to as "Black Swans."