GPIQ

GPIQ aims for consistent income and growth in capital. It predominantly invests in the equity of companies included in its benchmark index, the Nasdaq-100, which is composed of large-cap stocks of firms in the US. The fund tries to maintain style, capitalization, and industry characteristics like its benchmark and mirrors the weighting of its components as far as practicable. GPIQ mainly employs an options "overwrite” strategy to generate income by selling call options on 25% - 75% of the portfolio's equity investments. The fund may also explore investments in FLEX options or similar entities for added flexibility. Outside of its primary investment strategy, GPIQ foresees additional income from firms that distribute dividends. In certain market conditions, a writing strategy for call options is anticipated to perform better compared to a portfolio without it. However, in a market with strong upward trends, the strategy can underperform. Notably, GPIQ participates in frequent and active trading that may result in high portfolio turnover.