Key stats
About Elevation Series Trust TrueShares Quarterly Bull Hedge ETF
Expense ratio
0.79%
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Inception date
Jun 28, 2024
QBUL seeks to benefit from tail risk or declines in the US large-cap equity market. The actively managed fund aims for protection during high volatility environments while maintaining potential for income. The fund aims to select high-quality short-term debt securities with about three months to maturity. It then mitigates equity risk and have growth through the utilization of call options. At the start of each quarter, the fund purchases out-of-the money or at-the-money call options. The adviser evaluates the relative prices of options and selects those with the highest expected return based on market volatility. The adviser expects to capture 20- 40% of US large-cap equity market gains on a quarterly basis. The fund may employ more complex option strategies such as box spreads. Income and actual principal value protected are expected to be at least 98% on a quarter-to-quarter basis.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government99.33%
Rights & Warrants0.57%
Mutual fund0.14%
Cash−0.03%
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