Business Description
This fund puts nearly all of its money into a specialized type of options contract tied to the performance of the Invesco QQQ Trust, a well-known investment fund that tracks large technology-focused companies. These options contracts are exchange-traded but allow for greater flexibility in how they are structured, including when they expire and at what price they can be exercised. The fund concentrates its holdings in a narrow way, meaning it does not spread its investments across many different assets.
