Description

Under typical market conditions, this fund commits a minimum of 80% of its net assets – a requirement known as the '80% Test' – to a portfolio primarily composed of FLEX Options. These options are linked to a specific index and are strategically designed to replicate the returns generated by the twelve 20% Buffer Strategies. The fund may hold these FLEX Options directly or invest in other companies that hold similar portfolios of such options. It operates as a non-diversified fund.