Fund Description
The investment seeks investment results that correspond generally to the price and yield, before the fund's fees and expenses, of an equity index called the CBOE VIX Tail Hedge Index. The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in common stocks and call options included in the index. It attempts to replicate, before fees and expenses, the performance of the index. The index is composed of each of the equity securities comprising the S&P 500 and a call option position on the Chicago Board Options Exchange Market Volatility Index. The fund is non-diversified.
Fund Snapshot Updated 05.21.2013
| Previous Close | $22.10 | Expense Ratio | 0.60% |
| YTD Return | 14.0% | Avg. 30-Day Volume | 2,111 |
| 1-Year Return | 0.0% | Market Cap | Loading... |
| Bid | $22.09 | Shares Outstanding | 300,000 |
| Ask | $22.11 | Dividends | $0.24 |
| Top 10 Holdings | |
|---|---|
| Exxon Mobil Corp (XOM) | 2.79% |
| Apple Inc (AAPL) | 2.78% |
| Microsoft Corp (MSFT) | 1.76% |
| Johnson & Johnson (JNJ) | 1.66% |
| General Electric Co (GE) | 1.65% |
| Google Inc (GOOG) | 1.64% |
| Chevron Corp New (CVX) | 1.64% |
| International Business Machs (IBM) | 1.47% |
| Procter & Gamble Co (PG) | 1.44% |
| Pfizer Inc (PFE) | 1.39% |
| % of Total Holdings | 18.20% |
