For investors seeking momentum, Main BuyWrite ETF BUYW is probably on the radar now. The fund just hit a 52-week high and is up 5.1% from its 52-week low price of $13.84 per share.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 21,428 | $298,289.77 | $311,670.26 | $13,380.49 | 4.49% |
| JS Jeffrey Schropp POTOMAC FUND MANAGEMENT Inc. /ADV | 713,576 | $9.92M | $10.39M | $465,591.52 | 4.69% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 247,715 | $3.47M | $3.6M | $132,855.04 | 3.83% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 987 | $13,499.29 | $14,377.04 | $877.75 | 6.5% |
Dave Reichert Echo45 Advisors LLC | 344,192 | $4.75M | $5.01M | $254,856.86 | 5.36% |
| BATS Exchange | US Country |
The fund is designed to offer investors a diversified investment avenue by deploying capital into both domestic and international exchange-traded funds (ETFs). Its strategy aims to provide sustained exposure to equity markets across the globe, utilizing a mix of direct ETF investments and sophisticated derivative strategies to enhance returns. By incorporating a combination of the Adviser’s “BuyWrite” strategy, which involves writing call options on securities already held within the fund, along with writing secured put options, the fund seeks not only to benefit from asset appreciation but also to generate additional income through the collection of option premiums. This strategic approach allows investors to potentially gain from both capital growth and income generation, diversifying the risk and return profile of their investments.
The fund's core investment strategy revolves around investing in a wide range of ETFs that span both U.S. (domestic) and non-U.S. (international) equity markets. This method offers investors a diversified portfolio, spreading risk across various geographical regions and market segments to potentially enhance returns over time.
As a part of its advanced investment approach, the fund adopts the “BuyWrite” strategy. This involves the writing (selling) of call options on securities that the fund already owns. The primary goal of this strategy is to generate additional income from the premiums received for selling these options. This income can provide a cushion against market volatility and increase overall fund returns.
In addition to the “BuyWrite” strategy, the fund engages in writing (selling) secured put options. This involves selling put options on securities that the fund is prepared to buy if the options are exercised. Similarly, this strategy aims to generate income from the premiums received, which contributes to the fund’s overall returns and provides an additional layer of income generation. This strategy can also serve as a means to potentially lower the purchase price of a security, enhancing the investment outlook of the fund.