Twin Oak Short Horizon Absolute Return ETF (TOAK)
Twin Oak Short Horizon Absolute Return ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Oklahoma City, OK, US. The stock last traded at $28.97, down 0.02% on the session, giving a market capitalisation of $45.9M. Its beta of 0.00 implies it has historically moved less than the broad market.
The fund seeks to achieve its objective principally by utilizing defined risk options to generate an absolute return while maintaining a short duration between zero and one year. Defined risk options are options for which the maximum loss for any option during each expiry period is no more than the premium invested to enter the option position. It will invest in long calls, long puts, and debit spread options.