What Is SPAY?
GLOBALX.CA/SPAY Rules-based selection and rebalancing of U.S. Treasuries, generally targeting a duration of less than 3 years. Active Options Program Seeks to reduce downside risk and improve income earning potential by adjusting put and call coverage based on market conditions. High Monthly Distributions Designed to provide a consistent monthly interest income and option premiums. SPAY seeks to provide: (a) exposure to the performance of a portfolio of U.S. Treasury securities, generally targeting a duration less than 3 years; and (b) high monthly distributions of interest income and option premiums. To generate premiums and reduce volatility, SPAY will employ a dynamic option program. PREVIOUS 12-MONTH DISTRIBUTIONS
Set it, forget it, let compounding do the heavy lifting. 💪