The Fund seeks to achieve its objective by utilizing two principal investment strategies: (i) the “Cash Strategy” which seeks to preserve capital by investing a large percentage of the Fund’s assets in cash, cash equivalents, money market funds, or U.S. Treasury Fixed Income Securities with a maturity of three months or less; and (ii) the Defined Distribution Options Strategy which seeks to generate premium income by selling (writing) and buying (purchasing) call options and / or put options primarily on the S&P 500® Index or other equity indices (“Reference Index”) and/or an exchange traded funds that seeks to track the performance of the S&P 500® Index or other equity indices (the “Reference ETF”). The Fund intends to construct a non-diversified portfolio with a view toward making monthly distributions at an approximate annual rate of 6.50% over the One-Month Treasury Yield, before fees and expenses.
For complete information about the CBOE VEST Defined Distribution Strategy and a document library including reports and applications, please visit the VEST Website.
Investors should consider the investment objectives, potential risks, management fees and charges and expenses carefully before investing. This and other information is contained in each Fund’s prospectus, which may be obtained by calling 1-800-673-0550. Please read and carefully consider the prospectus before investing. Distributed by First Dominion Capital Corp., Richmond, VA. Member FINRA.
Past performance does not guarantee future results. The investment return and principal value of an investment in a Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Performance data current to the most recent month end may be obtained by calling 1-800-673-0550.
The information provided is subject to change daily. It is provided for informational purposes only does not constitute an offer to sell, or the solicitation of an offer to buy any securities and must not be relied upon in connection with any investment decision.