XDJL Profile
The fund will invest at least 80% of its net assets in a portfolio of FLexible EXchange Options (FLEX Options) that reference the SPDR S&P 500 ETF Trust (the Underlying ETF), an exchange-traded fund registered under the Investment Company Act of 1940 (the 1940 Act). The Underlying ETF seeks to track the investment results of the S&P 500 Index, a large-cap, market-weighted, U.S. equities index that tracks the performance of 500 leading companies in leading industries. It is non-diversified.
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