The fund seeks total return by investing in companies in the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team utilizes the BuyWrite strategy and invests in exchange-traded funds.
When investing in ETFs, the team seeks to identify the most appropriate ETFs to implement strategic asset allocation and express sector views by evaluating various factors in the respective ETFs.
Additionally, the team employs an option strategy of writing (selling) covered call or index based options on an amount from 0% to 100% of the value of the ETF shares in the fund’s portfolio.
The team’s option strategy typically targets one-month options. Options of any exercise price or maturity may be utilized.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund also seeks returns by writing (selling) secured put options.
