Description: The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index® or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.
Exchange: NASDAQ
Country: US : United States of America
Currency: US Dollar ($)
Category: Derivative Income
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 76.43 | 0.00 | 76.43 |
| Cash | 22.65 | 0.88 | 21.77 |
| Stock non-US | 1.80 | 0.00 | 1.80 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 50.33 | 28.79 |
| Communication Services | 16.75 | 8.71 |
| Consumer Cyclicals | 15.10 | 9.60 |
| Consumer Defensive | 5.50 | 7.85 |
| Healthcare | 5.24 | 11.45 |
| Industrials | 3.32 | 8.77 |
| Basic Materials | 1.27 | 2.84 |
| Utilities | 1.20 | 3.26 |
| Financial Services | 0.56 | 12.04 |
| Energy | 0.55 | 4.61 |
| Real Estate | 0.19 | 2.07 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 97.70 | 93.16 |
| Europe Developed | 0.75 | 3.28 |
| Latin America | 0.58 | 0.17 |
| United Kingdom | 0.56 | 1.83 |
| Asia Emerging | 0.42 | 0.35 |
| Japan | 0.00 | 0.55 |
| Australasia | 0.00 | 0.12 |
| Asia Developed | 0.00 | 0.53 |
| Europe Emerging | 0.00 | 0.00 |
| Africa/Middle East | 0.00 | 0.01 |