Business Description
The fund puts the vast majority of its money into specialized options contracts tied to a large U.S. stock ETF, giving investors exposure to large American companies. These contracts, known as FLEX Options, allow for customized terms while tracking the performance of the underlying fund. At least 80% of the fund's net assets are kept in investments that behave like large U.S. company stocks, and the fund focuses on a narrow set of holdings rather than spreading across many different assets.
