The fund primarily invests at least 80% of its assets in equity securities, focusing on common stocks of U.S. companies similar to those in the S&P 500 Index, while also utilizing a "Put/Spread Collar" strategy involving exchange traded put and call options.

Nasdaq

JHQTX

The fund seeks to provide capital appreciation through participation in international equity markets while hedging overall market exposure relative to traditional long-only equity strategies. Under normal circumstances, it invests at least 80% of its assets in equity securities. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund primarily invests in equity securities of foreign companies across all market capitalizations, including foreign subsidiaries of U.S. companies.

JIHIX

The fund seeks to achieve its investment objective by investing at least 50% of net assets in common stocks or exchange traded funds ("ETFs") included in the S&P 500 Index, which broadly represents the performance of common stocks publicly traded in the United States. It may also hold up to 50% of net assets in cash and cash equivalents as a means of reducing the fund's volatility when the Adviser's view of volatility indexes mandates.

LEBOX

The fund will seek to achieve its investment objective principally by (1) investing in a diversified portfolio of equity securities, with a focus on those paying dividends, and (2) selling exchange listed options. The fund's investments in domestic equity securities are primarily in companies with large- and mid-sized market capitalizations. The Adviser's focus on large- and mid-cap total return-oriented stocks and a target equity weighting of 45-55% of total assets may limit the fund's ability to fully participate in sharply rising stock markets.

MAIPX

The investment seeks long-term growth of capital and income generation. The fund seeks to achieve its goal primarily through a strategy of writing collateralized put options on both U.S. indices, including the S&P 500 Index and other indices in the S&P 500 suite of indices, and exchange traded funds. The advisor attempts to generate returns through the receipt of option premiums from selling puts, as well as through investments in fixed income instruments, which collectively are intended to reduce volatility relative to what it would be if the fund held the underlying equity index on which the options are written.

NUPIX

The investment seeks capital appreciation and income. The adviser utilize two principal investment strategies: a premium collection strategy involving sale or purchase of put options on the S&P 500 Index and investing in fixed income securities. The fund's adviser will determine the allocation between these strategies. The adviser intends to allocate between 30% to 100% of the fund's net assets to the premium collection strategy at any given time.

PPFIX

The investment seeks long term capital appreciation. The fund seeks to achieve its investment objective by investing directly, or indirectly in: capitalization-weighted U.S. large capitalization exchange-traded funds ("ETFs") that invest in equity securities that are represented in the S&P 500 Index, exchange-traded long-term put options on the S&P 500 Index for hedging purposes, and exchange-traded put and call options on various equity indices to generate additional returns.

SDAIX

The fund seeks to achieve its investment objective by investing directly, or indirectly through ETFs, in: equity securities of domestic small capitalization companies, exchange-traded long-term put options on U.S. exchanges for hedging purposes, and buying and selling exchange-traded put and call options on various ETFs, securities and equity indices to generate additional returns.

SDCIX

The fund seeks to achieve its investment objective by investing directly, or indirectly through ETFs, in: foreign (including emerging markets) equity securities, including ADRs, of any market capitalization, exchange-traded long-term put options on U.S. exchanges for hedging purposes, and buying and selling exchange-traded put and call options on various ETFs and foreign equity indices to generate additional returns.

SDFIX

The investment seeks long term capital appreciation. The fund seeks to achieve its investment objective by primarily investing directly, or indirectly through ETFs, in: foreign equity securities including ADRs of any market capitalization, exchange-traded long-term put options on U.S. exchanges for hedging purposes, and buying and selling exchange-traded put and call options on various ETFs and foreign equity indices to generate additional returns.

SDJIX

The fund seeks to achieve its investment objective by investing directly, or indirectly through exchange traded funds ("ETFs"), in equity securities that are represented in the S&P 500 Index, exchange-traded long-term put options on the S&P 500 Index for hedging purposes, and buying and selling exchange-traded put and call options on various equity indices to generate additional returns.

SDRIX

The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing in put and call options on exchange traded funds (ETFs) that track the S&P 500 Index (Index ETFs), and in fixed income securities. Using a combination of put and call options on index ETF's, the fund's investment sub-advisor, Exceed Advisory LLC initially executes the equity options strategy by seeking to provide an investment vehicle that limits losses to 12.5% when the Index declines in value, and to participate in increases in the index up to approximately 15%.

SHIIX

The fund combines multiple investment strategies and investment techniques that are designed to generate return and manage risk exposure across varying market conditions. The advisor expects that (i) approximately 30% to 70% of the fund's assets will be allocated to the Equity Position, (ii) approximately 30% to 50% of the fund's assets will be allocated to the Income Position and (iii) approximately 2% to 30% of the fund's assets will be allocated to the Market Movement Position.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
JHQTX	JPMorgan Hedged Equity 3 Fund	Options Trading	Feb 25, 2021	0.60%	6.33%	—	0.85%
JIHIX	JPMorgan International Hedged Equity Fund	Options Trading	Mar 14, 2019	0.60%	7.83%	—	2.55%
LEBOX	West Hills Tactical Core Fund	Options Trading	Jul 31, 2008	1.49%	6.66%	3.69%	0.00%
MAIPX	MAI Managed Volatility Fund	Options Trading	Sep 22, 2010	0.99%	2.65%	5.47%	4.66%
NUPIX	Neuberger Berman U.S. Equity Index PutWrite Strate...	Options Trading	Sep 15, 2016	0.65%	—	—	—
PPFIX	Princeton Premium Fund	Options Trading	Nov 15, 2016	1.95%	2.77%	—	6.75%
SDAIX	Swan Defined Risk Growth Fund	Options Trading	Dec 26, 2018	1.40%	5.88%	—	27.20%
SDCIX	Swan Defined Risk U.S. Small Cap Fund	Options Trading	Dec 28, 2015	1.44%	-0.15%	—	0.00%
SDFIX	Swan Defined Risk Emerging Markets Fund	Options Trading	Dec 29, 2014	1.40%	1.89%	—	0.85%
SDJIX	Swan Defined Risk Foreign Fund	Options Trading	Dec 28, 2015	1.44%	3.40%	—	1.50%
SDRIX	Swan Defined Risk Fund	Options Trading	Jul 29, 2012	1.18%	3.56%	4.23%	11.95%
SHIIX	Catalyst Buffered Shield Fund	Options Trading	Apr 13, 2015	1.23%	4.15%	—	2.42%
STTIX	North SquareTrilogy Alternative Return Fund	Options Trading	Apr 1, 2012	1.38%	0.99%	0.79%	2.08%

The Best Options Trading Mutual Funds

Risk vs. Return Scatterplot