This Fund's primary objective is to generate three times (300%) the income that would typically be produced by selling options directly on the S&P 500 Index (NASDAQ: SPY). It accomplishes this by selling options on specialized leveraged exchange-traded funds, which are themselves structured to deliver three times (300%) the daily performance of the S&P 500. A secondary goal of the Fund is to gain exposure to the returns of these underlying leveraged ETFs, although this exposure comes with a limit on potential investment gains.