Business Description
This fund puts at least 80% of its money into assets that track a specific index, which combines ownership of S&P 500 stocks with the purchase of put options as a form of downside protection. Put options give the fund the right to sell at a set price, helping to limit potential losses when markets fall. The fund is designed to closely mirror the performance of this index, with an expected correlation of over 95% before any fees are taken into account.