| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JA Jeff Ameen Spire Wealth Management | 250 | $10,867.5 | $10,637.5 | -$230 | -2.12% |
| NASDAQ (NMS) Exchange | US Country |
The provided description outlines the strategy of an investment fund that is primarily focused on acquiring securities from the underlying ICE BofA Current 20-Year US Treasury Index. This index is unique for being composed of a single security, the most recently issued 20-year U.S. treasury note. The fund's investment philosophy centers on dedicating at least 80% of its net assets, including any borrowed funds for investment purposes, to these specific securities. By adhering to these conditions, the fund aims to fulfill its investment objective under normal market conditions, maximizing returns for investors who are interested in reliable government-issued securities.
This service involves investing in the most recent 20-year U.S. treasury notes by following the ICE BofA Current 20-Year US Treasury Index. It offers investors an opportunity to engage with a government-issued security that is expected to have a lower risk compared to other types of investments. Tailored for those looking to invest in the stability of U.S. government bonds, it seeks to provide both security and returns over a long-term horizon.