The objective of the Main BuyWrite Fund is to provide superior risk-adjusted total returns relative to Morningstar Option Writing Category by investing in a portfolio of exchange traded funds (ETFs) selected through fundamental reversion to the mean analysis while utilizing a covered call writing (selling) strategy in an effort to dampen volatility. Secured puts may also be written (sold) to potentially generate an additional source of portfolio return while providing equity exposure at pre-determined price targets. There is no guarantee that the fund will achieve its objectives, generate profits or avoid losses.
Investment Objective: The Fund seeks to provide total return, from current income and gains from long-term capital appreciation.
A Core Holding within your Alternative Allocation. Potentially reduce equity portfolio volatility, potentially enhance returns in a flat or down equity market, and potentially increase portfolio income in a flat or down equity market.
The Fund pursues its objective by employing 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 Fund seeks to earn income and gains both from dividends paid on the ETFs owned by the Fund and cash premiums received from writing or “selling”.
* The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 866-383-9778.
* Standardized performance for the fund as of the most recent quarter can be viewed on the fund's fact sheet.
Portfolio holdings are subject to change and should not be considered investment advice.