| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Jeff Ameen Spire Wealth Management | 129 | $5,645.04 | $6,274.56 | $629.52 | 11.15% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 80 | $3,117.6 | $3,890.98 | $773.38 | 24.81% |
Dalila Toledo Ascent Group LLC | 5,594 | $217,998.18 | $272,036.22 | $54,038.04 | 24.79% |
| EM Erin Mccann Simplicity Wealth LLC | 7,192 | $314,665.22 | $349,746.96 | $35,081.74 | 11.15% |
Michael Byun SageView Advisory Group LLC | 260 | $11,378 | $12,643.8 | $1,265.8 | 11.12% |
| ARCA Exchange | US Country |
The provided company description outlines a fund that primarily focuses on investing in the securities that form part of a specific index. This approach suggests the fund operates based on an index strategy, aiming to replicate or closely match the performance of a benchmark index. The description indicates that at least 80% of the fund's assets are invested in the securities of the index or in investments with similar economic characteristics to those securities. This strategy is typical of index funds or exchange-traded funds (ETFs) that seek to offer investors a way to gain broad market exposure or specific sector exposure without having to buy all the individual securities in the index.
Additionally, the description mentions that the fund may allocate up to 20% of its assets in futures, options, swap contracts, cash, and cash equivalents. This part of the strategy allows the fund some flexibility to hedge against market volatility, engage in speculative investment strategies for additional returns, or manage cash flows effectively, ensuring liquidity and operational flexibility.
This product focuses on investing at least 80% of the fund's assets in the securities that are part of a particular index or in investments with similar economic characteristics. It aims to replicate the performance of the underlying index, providing investors with a diversified portfolio and exposure to the index's constituents. This strategy is ideal for investors looking for broad market exposure, sector-specific exposure, or exposure to a particular investment theme via the index.
Up to 20% of the fund's assets may be allocated to derivatives such as futures, options, and swap contracts. This allows the fund to engage in strategies for hedging, risk management, or to seek additional returns. These instruments can be used effectively to gain exposure to certain assets or markets without directly investing in them, often with a smaller capital outlay compared to direct investments.
The fund invests in cash and cash equivalents, which may include short-term, high-quality debt securities like treasury bills, commercial paper, or money market funds. This part of the fund's allocation is typically used for managing liquidity needs, ensuring the fund has sufficient cash on hand for operational purposes, such as redemptions, and to take advantage of new investment opportunities as they arise.