QSWN expands Amplifys suite of ETFs attempting to hedge against unpredictable market events referred to as Black Swans. The fund holds 90% of its exposure in laddered US Treasury securities targeting a duration within six months of the 10-Year Note. The Treasury portion of the portfolio serves to provide capital protection. The remaining 10% of the portfolio is used to buy in-the-money, long-term call options on the Invesco QQQ Trust (ticker: QQQ). QQQ provides exposure to the top 100 NASDAQ-listed nonfinancial stocks, skewing usually on tech funds. The call options provide the equity exposure and will have expirations of either June or December. At their expiration, the options will be rolled to the following year. Therefore, the index will be reconstituted and rebalanced every June and December. The call options selected will generally have a delta of 70 at the time of purchase, meaning that for every $1.00 USD of movement in the QQQ share price, each option should have a corresponding $0.70 USD gain or loss.
公司网站 :
https://amplifyetfs.com/qswn
总经理:-
建立时间:2021
公司总部:Amplify BlackSwan Tech & Treasury ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds