Description

The fund is actively managed to provide long-term capital appreciation and mitigate downside risk. The fund provides exposure to the large-cap segment of the US equity market by investing in stocks and derivative instruments. Securities are selected using a rules-based methodology that considers quality, yield, and liquidity. Depending on market volatility and other factors, the fund may also write or buy call and put options to boost upside returns or cushion potential losses. Options are written out of the money and are selected based on volatility, fundamental and technical analysis, price sensitivity, and sector diversification.