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 : United States of America
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 |