| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 672 | $6,996.96 | $5,906.88 | -$1,090.08 | -15.58% |
| FTM F. Thomas Mosley Mosley Wealth Management | 3,166 | $29,521.14 | $27,844.97 | -$1,676.17 | -5.68% |
| BATS Exchange | US Country |
The fund is an actively-managed Exchange-Traded Fund (ETF) that primarily focuses on investments linked to the S&P 500 Price Index, also known as the S&P 500 Index. The ETF employs an investment strategy that combines direct investments in a diversified basket of equity securities, which mirrors the performance of the S&P 500 Index, alongside investments in equity market index derivatives. The investment decisions within the fund are guided by the fund adviser's evaluation of relative valuations, aiming to optimize the fund's portfolio in line with the anticipated market conditions and the overall performance of the S&P 500 Index.
The fund offers a range of investment products and strategies designed to cater to investors seeking exposure to the S&P 500 Index. Below is a detailed look at its primary offerings:
The fund invests directly in a basket of equity securities. This collection of equities is selected to closely follow the performance of the S&P 500 Index, providing investors with a direct link to the traditional equity markets. This approach aims to leverage the overall market movements and the specific trends within the top-performing companies across the S&P 500.
In addition to direct equity investments, the fund actively engages in equity market index derivatives. These financial instruments are used to enhance the fund's capacity to track the S&P 500 Index more closely or to hedge against market volatility. The use of derivatives is based on the fund adviser's strategic assessment of their relative valuations and potential to contribute to the fund's investment objective.