Day Hagan Smart Buffer ETF (DHSB)
ARCA ARCA Primary Summary
DHSB Chart
Day Hagan Smart Buffer ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Cynthia Schlanger Ashton Thomas Private Wealth, LLC | 1.49M | $37.55M | $39.76M | $2.2M | 5.86% |
Day Hagan Smart Buffer ETF (DHSB) FAQ
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Day Hagan Smart Buffer ETF Profile
| ARCA Exchange | US Country |
Overview
DHSB aims for long-term capital appreciation while focusing on the preservation of capital. The fund actively invests in US equity securities and ETFs, utilizing options strategies to generate additional income and provide a hedge against potential losses. The portfolio is constructed to offer broad exposure to the total US equity market, ensuring diversification across various sectors. The unique options strategy employed by the fund involves two key components that work together to create a comprehensive investment approach.
Products and Services
- US Equity Securities Investment:
DHSB primarily invests in US equity securities, allowing investors to gain exposure to various companies within the US market. This approach facilitates potential capital appreciation by participating in the growth of various sectors.
- Exchange-Traded Funds (ETFs):
In addition to direct equity investments, the fund utilizes ETFs to further enhance portfolio diversification. ETFs provide a cost-effective means of accessing a broad array of stocks in a single investment, which can help to mitigate the risks associated with individual stock investments.
- Covered Call Options Strategy:
The fund employs a covered call options strategy whereby it sells call options on up to 100% of its US equity portfolio. This strategy generates premiums that can serve as income, providing additional revenue for the fund and its shareholders.
- Protection Through Put Options:
To safeguard against potential declines in equity values, a portion of the premiums earned from the covered call strategy is reinvested into buying near-at-the-money put options or put spreads. This hedging approach is designed to mitigate downside risks associated with equity ownership, helping to preserve capital during market downturns.
- Return Cap:
Due to the nature of the fund's hedging strategy, investors may experience a cap on upside returns. This is an important consideration for potential investors, as the balance between income generation and capital appreciation is key to the fund's design.
- Market Condition Adaptability:
The fund adviser retains the discretion to alter the application of the options strategy based on prevailing market conditions. This flexibility allows the fund to adapt to changes in market dynamics, ensuring that it remains aligned with the overall investment objective while responding to varying economic environments.
- Daily Performance Information:
The fund's website provides investors with daily updates on the buffer and return cap, allowing for transparent access to key performance metrics and the overall effectiveness of the fund's strategies.
