| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 6,507 | $224,443.16 | $255,334.68 | $30,891.52 | 13.76% |
| TT Tu Tran Crosspoint Financial LLC | 14,291 | $525,131 | $560,993.2 | $35,862.2 | 6.83% |
Christopher C. Powers Farther Finance Advisors, LLC | 2,503 | $93,702 | $98,217.72 | $4,515.72 | 4.82% |
David Vollmer PFS Partners, LLC | 3,219 | $113,557.76 | $126,361.84 | $12,804.08 | 11.28% |
| SAM Smartleaf Asset Management LLC Smartleaf Asset Management LLC | 544 | $19,917 | $21,354.72 | $1,437.72 | 7.22% |
| BATS Exchange | United States Country |
The described fund is an investment vehicle that focuses on the use of Flexible Exchange® Options (FLEX Options) to drive its investment strategy. FLEX Options are financial derivatives that give the holder the right but not the obligation to buy or sell a specific amount of a security, such as an ETF or stocks, at a predetermined price before the option expires. This particular fund aims to mirror the performance of the SPDR® S&P 500® ETF Trust, a popular exchange-traded fund that tracks the S&P 500 index, representing the performance of 500 large companies listed on stock exchanges in the United States. As a non-diversified fund, it concentrates its investments in this specific financial instrument rather than spreading its investments across a wide assortment of assets.
FLEX Options are customizable option contracts that the fund uses to potentially leverage the market performance of the SPDR® S&P 500® ETF Trust. Unlike standard options, FLEX Options allow for the specification of various terms, including strike price, exercise style, and expiration date. These options enable the fund to tailor its investment approach to better align with its objective of tracking the S&P 500's performance through the underlying ETF.
The fund is designed to invest significantly in FLexible EXchange® Options that reference the performance of the SPDR® S&P 500® ETF Trust. By mirroring the price performance of this ETF, the fund seeks to provide its investors with exposure to the S&P 500 index, which is indicative of the overall market performance of the largest U.S.-listed companies. This strategy is particularly appealing to investors looking for exposure to the broader U.S. equity market through a single investment product.