Mike Hodgson, Head of Risk Managed Investments & Structuring, will be responsible for managing the portfolio including the call option overlay strategy
and will be supported by a team of four dedicated structured investment managers.
The fund aims to provide risk-adjusted total return relative to the CBOE S&P 500 BuyWrite Index (BXMSM) by utilizing an actively managed options overlay strategy
on the underlying exchange traded index fund.
A paper written by Brian Roberts, senior consultant at NEPC LLC in Boston, says one of the benefits of a derivative overlay strategy
specific to pension plans is interest rate hedging.
com the ETFs act as an overlay strategy
on the fund's total equity portfolio.
This workflow overlay strategy
produces a secure, dedicated, high-performance work environment for better results, fewer bottlenecks and greatly reduced network lag.
The engineering firm, Hodges and Shutt (now Shutt, Moen and Associates) recommended a new overlay strategy
for the runway.
First Trust Active Dividend Income Fund (the "Fund") (NYSE: FAV) announced that its Board of Trustees has approved certain modifications to the Fund's current investment strategy including the utilization of an option overlay strategy
("Option Strategy") alongside a buy and hold equity dividend value strategy.
Its investment adviser, First Trust will be in charge of implementing the fund's option overlay strategy
, supervising its sub-adviser and sub-sub-adviser, managing its business affairs and providing certain clerical, bookkeeping and other administrative services.
In order to more fully hedge and build out LDI from there, there are two doors open: (1) include more long duration bonds as a percent of the total asset pool, or (2) add an overlay strategy
s ("DIMA") global tactical asset allocation overlay strategy
Its Web site will allow an advisor to import a portfolio, input parameters and information about the desired portfolio enhancement and have an options overlay strategy
automatically generated and executed against the portfolio.
The risk overlay strategy
, provided in the third bucket, offers some probability that investors will be able to at least partially realize their wishes (such as travel or a second home), while at the same time helping to narrow the retirement gap.