The Fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective principally by investing in a portfolio of the stocks included in the Nasdaq-100 Index (the Nasdaq-100 or the Reference Index) and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the Nasdaq-100. The Fund seeks to generate high current income on a monthly basis from a combination of the dividends received from the Funds equity holdings and the premiums earned from the options collar. The options collar seeks to generate net-credit by receiving premium from the sale of the call options that is greater than the cost of buying the protective put options. The options collar is designed to reduce the Funds volatility and provide a measure of downside protection.