| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NA Nizar Araji National Bank Of Canada /FI/ | 2,990 | $80,914.49 | $84,437.6 | $3,523.11 | 4.35% |
| NASDAQ (NMS) Exchange | US Country |
The fund is a specialized investment vehicle that dedicates at least 80% of its total assets to securities of the Nasdaq-100 Quarterly Collar 95-110 Index, which is also known as the underlying index. This particular index is designed to track the performance of a specific risk management strategy. This strategy involves holding the underlying stocks that constitute the NASDAQ 100® Index and simultaneously applying an options collar strategy on the same NASDAQ 100® Index. An options collar strategy consists of buying put options and selling call options, which can help manage risk associated with adverse movements in the market. This fund is classified as non-diversified, meaning it may invest more of its assets in fewer issuers than a diversified fund.
This product focuses on investments that align with the Nasdaq-100 Quarterly Collar 95-110 Index. The strategy is designed to provide investors with a way to engage with the stock market while managing risk through an options collar strategy on the NASDAQ 100® Index.
The fund utilizes an options collar strategy to safeguard investments against substantial market downturns. This involves the simultaneous purchase of put options and sale of call options on the NASDAQ 100® Index. This strategic approach aims to limit the potential downsides while attempting to provide consistent returns to investors.