![]() TUGN 4 months ago | Other | $0.24 Per Share |
![]() TUGN 6 months ago | Other | $0.24 Per Share |
![]() TUGN 6 months ago | Other | $0.25 Per Share |
![]() TUGN 8 months ago Paid | Other | $0.24 Per Share |
![]() TUGN 8 months ago Paid | Monthly | $0.24 Per Share |
![]() TUGN 4 months ago | Other | $0.24 Per Share |
![]() TUGN 6 months ago | Other | $0.24 Per Share |
![]() TUGN 6 months ago | Other | $0.25 Per Share |
![]() TUGN 8 months ago Paid | Other | $0.24 Per Share |
![]() TUGN 8 months ago Paid | Monthly | $0.24 Per Share |
NASDAQ (NMS) Exchange | US Country |
The fund described operates as an actively-managed Exchange-Traded Fund (ETF) that aims to fulfill its investment objectives through strategic allocation of assets across various categories. It concentrates on investment in a mix of U.S. equity securities or ETFs replicating the performance of the Nasdaq-100® Index, long-duration U.S. Treasury securities, and short-term U.S. Treasury bills, money market funds, and liquid assets. This structured approach allows the fund to navigate through diverse market conditions while aiming to provide returns to its investors. It is worth noting that this fund is non-diversified, which means it may allocate a larger portion of its assets to fewer securities, potentially increasing risk and return volatility.
This component of the fund involves investment in U.S. equity securities or Exchange-Traded Funds (ETFs) that aim to mirror the performance of the Nasdaq-100® Index. This index includes 100 of the largest non-financial companies listed on the Nasdaq stock exchange, covering various sectors excluding financials. The goal is to gain exposure to innovative tech giants and leading companies in sectors like healthcare, consumer services, and biotechnology, potentially driving growth.
Known as the “Fixed Income Allocation”, this portion of the fund’s investments focuses on long-term U.S. Treasury securities. These government bonds offer a stable and predictable form of income, with returns that are generally considered risk-free. The investment in long-duration treasuries aims to provide the fund with a hedge against volatility in the equity markets and contribute to the diversification of its portfolio.
Referred to as the “Cash Equivalents”, this segment consists of investment in short-term U.S. Treasury bills, money market funds, and other cash or near-cash items. These assets are characterized by their high liquidity and lower risk, aiming to provide the fund with a secure and accessible reserve. This part of the portfolio is essential for managing the fund's liquidity needs, facilitating operational flexibility, and mitigating risks associated with market volatility.