This fund aims to replicate the share price performance of the SPDR S&P 500 ETF Trust (its benchmark) over a specified investment cycle. It endeavors to capture the benchmark's returns up to a predefined maximum gain, known as an upside cap, while simultaneously offering a protective shield against the initial 10% of losses incurred by the benchmark. It is important to note that both this maximum return potential and the downside protection are diminished by the fund's management fees and other associated expenses.
