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| CurrencyCode | USD |
|---|---|
| Exchange | NYSE ARCA |
| Beta | 0.57 |
|---|---|
| Market Cap | None |
| PE Ratio | None |
| Target Price | None |
| Dividend Yield | None |
The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of a hypothetical portfolio that employs a covered call strategy. A covered call strategy is generally considered to be an investment strategy in which an investor buys a security, and sells (or writes) a call option on that security in an attempt to generate more income.
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