Industry description
The investment seeks to provide a level of protection against significant declines in the price return of the common stock of Tesla, Inc. (prior to taking into account management fees and other fees).
The fund will seek to participate in the price return of TSLA, subject to a limit on investment gains (prior to taking into account management fees and other fees) and will seek to provide the Floor against TSLA losses, up to a limit through the Sub-Adviser’s investments in the Options Portfolio and Treasury Portfolio. It is non-diversified.