Looking for Protection From the Next 'Black Swan' Event? There's an ETF for That

Swan is an investment fund designed to protect against Black Swan events by investing 90% in Treasurys and 10% in Leap Options on the S&P 500. It aims for uncapped exposure to the S&P 500 while minimizing significant losses. Since its debut, Swan has outperformed the S&P 500, rebalances biannually, holds $80 million in assets, and has a 49 basis point expense ratio. It is rated positively by Bloomberg Intelligence.

What is the primary goal of the Swan fund?

• To maximize short-term profits

• To protect against Black Swan events

• To invest solely in technology stocks

• To focus on emerging markets

How does Swan allocate its assets?

• 80% in real estate and 20% in commodities

• 100% in Treasurys

• 50% in stocks and 50% in bonds

• 90% in Treasurys and 10% in Leap Options

What type of options does Swan invest in?

• Futures contracts

• Put options

• Long-dated in-the-money call options

• Short-term call options

How often does the Swan fund rebalance its portfolio?

• Every month

• Every quarter

• Twice a year

• Once a year

What is the expense ratio of the Swan fund?

• 49 basis points

• 75 basis points

• 100 basis points

• 25 basis points