Description: The investment seeks to provide investors with returns that are three times those of the SPDR S&P 500 ETF Trust. The fund will invest at least 80% of its net assets in a portfolio of FLexible EXchange® Options that reference the SPDR® S&P 500® ETF Trust, an exchange-traded fund registered under the Investment Company Act of 1940. FLEX Options are exchange-traded options contracts with uniquely customizable terms. Although guaranteed for settlement by the Options Clearing Corporation, FLEX Options are still subject to counterparty risk with the OCC and may be less liquid than more traditional exchange-traded options. It is non-diversified.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Options Trading
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 231.97 | 18.86 | 213.11 |
| Stock non-US | 2.64 | 0.21 | 2.42 |
| Cash | 1.33 | 116.86 | -115.53 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 22.90 | 0.00 |
| Healthcare | 15.47 | 0.00 |
| Financial Services | 14.18 | 0.00 |
| Consumer Cyclicals | 9.71 | 0.00 |
| Industrials | 9.08 | 0.00 |
| Consumer Defensive | 7.57 | 0.00 |
| Communication Services | 7.45 | 0.00 |
| Energy | 5.14 | 0.00 |
| Utilities | 3.17 | 0.00 |
| Real Estate | 2.81 | 0.00 |
| Basic Materials | 2.52 | 0.00 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 98.88 | 0.00 |
| United Kingdom | 0.57 | 0.50 |
| Europe Developed | 0.52 | 0.00 |
| Asia Developed | 0.03 | 0.00 |