PortfolioPlus S&P 500 ETF (PPLC)
ARCA ARCA Primary Summary
PortfolioPlus S&P 500 ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| IH Isaac Haas Hbk Investments LP | 80,000 | $4.08M | $3.8M | -$279,986 | -6.86% |
 Joseph Castro Nuveen LLC | 432,100 | $21.78M | $20.16M | -$1.62M | -7.46% |
 Petros Toseland Portman Square Capital LLP | 730,000 | $37.34M | $34.3M | -$3.05M | -8.16% |
 Martin Kadoury Financiere des Professionnels - Fonds d'investissement inc. | 2,570 | $131,815 | $120,738.6 | -$11,076.4 | -8.4% |
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PortfolioPlus S&P 500 ETF Profile
| ARCA Exchange | US Country |
Overview
The company under discussion operates within the financial sector, specifically focusing on investment services that aim to provide enhanced returns relative to the S&P 500® Index. It seeks to achieve daily investment results, before fees and expenses, that are 135% of the daily performance of the S&P 500® Index. This objective is pursued under normal circumstances by allocating at least 80% of its net assets, in addition to borrowing for investment purposes, in a mix of securities of the index, exchange-traded funds (ETFs) tracking the index, and other financial instruments offering daily leveraged exposure to the index or ETFs that track the index. The S&P 500® Index it aims to leverage is known for being a float-adjusted, market capitalization-weighted index. Notably, the fund operates as non-diversified, concentrating its investments more heavily in fewer securities.
Products and Services
The fund's investment approach revolves around providing leveraged exposure to the S&P 500® Index, designed for investors seeking to magnify their investment outcomes relative to the daily performance of the index. Its products and services include:
- Securities of the S&P 500® Index: The fund invests directly in securities that are part of the S&P 500® Index, aiming to mirror the index's movements closely. This direct investment in index securities is fundamental to achieving the daily leveraged investment results sought by the fund.
- Exchange-Traded Funds (ETFs) Tracking the Index: Another crucial component of the fund's strategy is investing in ETFs that closely follow the S&P 500® Index. These ETFs offer the advantage of liquidity and marketability, resembling a diversified approach within the concentrated strategy of the fund.
- Financial Instruments Providing Daily Leveraged Exposure: To amplify the daily performance, the fund employs various financial instruments that provide leveraged exposure to the index or the ETFs that track it. These instruments are pivotal in pursuing the goal of delivering 135% of the daily performance of the S&P 500® Index, before fees and expenses.
