| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 83,953 | $3.24M | $3.77M | $536,165.5 | 16.57% |
| MK Matthew Kolesky ARBOR CAPITAL MANAGEMENT Inc. /ADV | 5,005 | $170,567.41 | $224,899.67 | $54,332.26 | 31.85% |
Jeff Ameen Spire Wealth Management | 5,390 | $194,040 | $242,118.8 | $48,078.8 | 24.78% |
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 14,611 | $542,212.35 | $657,056.67 | $114,844.32 | 21.18% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 1,255 | $44,866.45 | $56,437.35 | $11,570.9 | 25.79% |
| BATS Exchange | US Country |
The described fund is an investment vehicle that focuses on using a specific financial derivative, FLEX Options, to track the price performance of a well-known equity index fund, the SPDR® S&P 500® ETF Trust. FLEX Options, which stand for Flexible Exchange® Options, are a type of derivatives that provide more customization compared to standard options. They allow investors to personalize various aspects of the contract, including exercise prices, styles, and expiration dates. This approach enables the fund to closely mirror the movements of the underlying ETF, aiming to offer investors tailored exposure to the S&P 500’s performance. Significantly, the fund is non-diversified, meaning it invests a large portion of its assets in a single or a few investments, in this case, primarily in FLEX Options that reference the SPDR® S&P 500® ETF Trust.
The fund offers a unique investment product, leveraging FLEX Options to achieve its investment objectives:
FLEX Options are customizable options contracts that allow for greater flexibility compared to traditional options. They trade on an exchange and can be tailored in several key ways, including the choice of exercise prices, the style of option (American or European), and the expiration dates. This customization capability is intended to help the fund more accurately track the price performance of the SPDR® S&P 500® ETF Trust. As these options can be adjusted to match the specific criteria set by the fund managers, they provide a strategic tool for aligning the fund’s performance with that of the underlying ETF. This product is especially suitable for investors seeking targeted exposure to the S&P 500 index through a vehicle that offers potential for both innovative risk management and strategic investment alignment.