Description: The investment seeks to provide capital appreciation. The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, primarily by purchasing ETFs that invest in companies listed on the NASDAQ-100 Index. Up to twenty percent of its net assets will be subject to the fund's downside convexity option overlay. The downside convexity option overlay consists of purchasing exchange-traded and OTC put options on the NASDAQ®-100 Index or a NASDAQ®-100 Index ETF.
Exchange: NASDAQ
Country: US
Currency: US Dollar ($)
Category: Large Growth
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 97.81 | 0.57 | 97.24 |
| Stock non-US | 2.58 | 0.00 | 2.58 |
| Cash | 0.19 | 0.00 | 0.19 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 48.29 | 32.96 |
| Communication Services | 15.36 | 8.93 |
| Consumer Cyclicals | 14.29 | 15.95 |
| Healthcare | 7.80 | 15.93 |
| Consumer Defensive | 7.03 | 4.22 |
| Industrials | 4.96 | 6.35 |
| Utilities | 1.45 | 0.55 |
| Financial Services | 0.82 | 9.95 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 97.43 | 96.46 |
| Asia Emerging | 0.89 | 0.29 |
| Europe Developed | 0.89 | 2.03 |
| Latin America | 0.42 | 0.23 |
| United Kingdom | 0.36 | 0.55 |
| Japan | 0.00 | 0.07 |
| Asia Developed | 0.00 | 0.34 |
| Africa/Middle East | 0.00 | 0.03 |