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Globevest Capital Sec Put Writing A5

GVC302
11.00
+0.13
+1.20%
2017-10-20
5 Years
  • Previous Close

    10.87

  • Net Assets

    498.70K

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    -

  • Category

    Miscellaneous – Income and Real Property

  • Morningstar Risk

    -

  • Morningstar Rating -
Profile

Name of Issuer

Globevest Capital

Fund Style

Open

Fund Manager

Patrick Proulx

Investment Style

-

The Fund consists solely of put option writing secured by instruments of the money market.  The strategy does not utilize leverage. It targets an average annual return of 6% to 12% on a period of 3 years or more if the stock market obtains an average annual return of -10% or better, greatly reducing risk versus equities. This approach generates an optimal risk-return ratio in a volatile or stagnant market and offers a significant level of downside protection. It benefits from market volatility and provides sector diversification in line with the S&P 500. It targets an initial minimum downside buffer of 10% against a decline of the underlying asset. The options are sold with a 5 to 18 months maturity.

Purchase Information

Initial Purchase 10,000
Initial Purchase: IRA 10,000
Initial Purchase: AIP 10,000

Inception

2014-02-08

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