| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 2,779 | $114,452.66 | $120,441.86 | $5,989.2 | 5.23% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 7,905 | $312,885.9 | $341,970.3 | $29,084.4 | 9.3% |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 10,888 | $468,619 | $471,123.76 | $2,504.76 | 0.53% |
| SL Shad Lamm Keystone Wealth Services LLC | 26,031 | $1.07M | $1.13M | $57,268.2 | 5.36% |
| ED Eric Duncan NorthCrest Asset Manangement LLC | 9,136 | $322,216.84 | $395,132 | $72,915.16 | 22.63% |
| BATS Exchange | US Country |
The fund described is a financial investment instrument that primarily focuses on investing in FLexible EXchange® Options (FLEX Options) which are directly tied to the performance of the SPDR® S&P 500® ETF Trust. These FLEX Options are a special type of options that are traded on exchanges, enabling investors to customize various contract parameters such as exercise prices, styles, and expiration dates to suit their investment strategies. This fund takes a non-diversified approach to its investments, meaning it invests a large portion of its assets in a relatively small number of options to potentially maximize returns, although this also may increase risk.
FLEX Options are innovative financial instruments that offer investors the capability to tailor specific aspects of the option contract. This customization includes the selection of exercise prices, the choice between American or European exercise styles, and the determination of expiration dates according to the investor's specific requirements and investment strategy. Trading on an exchange, FLEX Options provide a versatile tool for investors looking to achieve specific investment outcomes or hedge against market movements effectively.
The core focus of the fund's investment strategy is to allocate substantially all of its assets into FLEX Options that are based on the performance of the SPDR® S&P 500® ETF Trust. This particular ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index. By focusing on FLEX Options that reference this well-known ETF, the fund aims to capitalize on the ETF's market movements and the robust diversification of the S&P 500® Index, notwithstanding the fund’s non-diversified status concerning its investment approach in FLEX Options.