| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PWS Proactive Wealth Strategies LLC Proactive Wealth Strategies LLC | 56,393 | $1.26M | $1.34M | $81,738.56 | 6.47% |
| JHW Jefferson H. West Legacy Investment Solutions LLC | 16 | $359 | $381.6 | $22.6 | 6.29% |
| LWM Legacy Wealth Managment LLC/ID Legacy Wealth Managment LLC/ID | 16 | $359 | $381.6 | $22.6 | 6.29% |
| NASDAQ (NMS) Exchange | US Country |
The fund is an investment entity that focuses on achieving its investment objectives through a diversified portfolio composed mainly of closed-end investment companies (commonly known as closed-end funds) and exchange-traded funds (ETFs). These financial instruments are publicly listed and traded on United States registered exchanges, making them accessible to a wide range of investors. The fund's investment strategy encompasses a variety of investment approaches, meticulously employed by the fund's investment advisor. This flexibility in strategy allows the fund to adapt to changing market conditions and investment opportunities, aiming to provide favorable returns to its investors over time.
The fund invests in a selection of closed-end funds. These funds have a fixed number of shares issued to the public through an initial public offering (IPO) and are designed to offer investors a potentially high level of income. The selection process is guided by the fund’s investment advisor, who uses various criteria to choose the closed-end funds that align with the fund's investment objectives. This allows the fund to tap into the diverse strategies and assets that these closed-end funds invest in, ranging from domestic and international equities to fixed-income securities.
The other pivotal component of the fund’s investment portfolio consists of exchange-traded funds (ETFs). ETFs are investment funds that are traded on stock exchanges, much like stocks. They hold assets such as stocks, commodities, or bonds and typically operate with an arbitrage mechanism designed to keep the trading close to its net asset value, though deviations can occur. The fund selects ETFs that promise to align with its strategic investment goals, leveraging their liquidity, diversification benefits, and the potential for cost efficiencies. The investment advisor plays a crucial role in identifying ETFs that are believed to enhance the portfolio's overall performance prospects.