| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 5,350 | $194,254.04 | $232,644.75 | $38,390.71 | 19.76% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 5,755 | $179,251.15 | $249,939.65 | $70,688.5 | 39.44% |
Jeff Ameen Spire Wealth Management | 18,002 | $607,043.78 | $782,186.9 | $175,143.12 | 28.85% |
Daniel Cesta Pinnacle Wealth Management Group Inc. | 31,800 | $1.17M | $1.38M | $211,506.3 | 18.07% |
Andrew J. Swenson ARS Wealth Advisors Group LLC | 111,199 | $3.98M | $4.84M | $860,120.28 | 21.6% |
| BATS Exchange | US Country |
The fund primarily focuses on investment in FLexible EXchange® Options (FLEX Options) that are linked to the SPDR® S&P 500® ETF Trust, dedicating at least 80% of its net assets towards these financial instruments. FLEX Options stand out due to their customizable terms, essentially allowing investors to tailor certain aspects of the option to fit their investment strategy or needs better. However, FLEX Options come with their unique set of challenges. Despite being guaranteed for settlement by the Options Clearing Corporation (OCC), there's still counterparty risk involved. Additionally, these types of options might exhibit less liquidity compared to more traditional exchange-traded options. This fund is non-diversified, meaning it may invest more of its assets in fewer issuers than a diversified fund.
This product is central to the fund’s strategy, involving at least 80% of the fund’s net assets. FLEX Options are distinct for their customizable features, allowing investors significant flexibility in terms of strike prices, expiration dates, and settlement styles. This flexibility can be a crucial advantage for sophisticated investors looking to tailor their investment strategies closely. However, it's important to note these options are guaranteed by the Options Clearing Corporation (OCC), which introduces a layer of counterparty risk. Also, the liquidity of FLEX Options may be lower than that of more standardized exchange-traded options, potentially affecting the ease with which these positions can be opened or closed.