| Investment Objective: |
The Fund's primary investment objective is to seek current income. The Fund's secondary objective is to seek capital appreciation via investments in a select portfolio of Semiconductor. The Fund's strategy involves: (1) constructing a portfolio of U.S.-listed equity securities of Semiconductor Companies and (2) generating income through an options portfolio (the "Options Strategies"), which involve using options contracts on Underlying Securities and/or Semiconductor ETFs. Semiconductor Companies are involved in the design, manufacture, or sale of semiconductors or semiconductor equipment. To enable the Fund to effectively implement its Options Strategies, the Adviser evaluates the liquidity of a potential company's common stock and the liquidity of its options contracts. The Fund may invest in companies of any market capitalization size, companies from foreign countries, including emerging markets. Underlying Securities may include depositary receipts, such as American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs"). |
