Cboe S&P 500 3x Up, 1x Down Enhanced Growth Index Series

Introduction

The Cboe S&P 500 3x Up, 1x Down Enhanced Growth Index Series (the "Indices") is part of a family of Target Outcome Indices. The Indices are designed to provide target outcome returns linked to the US domestic stock market.

The Indices measure the performance of a portfolio of hypothetical exchange traded Flexible Exchange® Options ("FLEX® Options") that are based on the S&P 500® Index. Each index in the series is designed to track the returns of a hypothetical investment that over a period of approximately one year seeks to provide 3x leveraged returns on the appreciation of the S&P 500 Index up to a capped level while providing one-to-one exposure to any losses due to a decline in the index. The capped level is determined on each annual roll date such that there is no premium or discount to enter into the hypothetical investment compared to an investment in the Index.

There are 4 monthly series that roll on the last business day of each month:

  • Cboe S&P 500 Enhanced Growth Index January Series (Ticker: SPEG01)
  • Cboe S&P 500 Enhanced Growth Index April Series (Ticker: SPEG04)
  • Cboe S&P 500 Enhanced Growth Index July Series (Ticker: SPEG07)
  • Cboe S&P 500 Enhanced Growth Index October Series (Ticker: SPEG10)

Target Outcome Returns

The Index is part of the family of Target Outcome Indices. Many investments target speculative returns, with uncertain levels of risk, over an uncertain period of time. While opportunistic, this approach to investing brings a high degree of uncertainty. Target Outcome Indexes encourage targeting a specific defined return or "payoff", with an allowance for a specific defined risk, at a specific point in time in the future.

Enhanced Return Option Strategy

An Enhanced Growth Option Strategy is a leveraged strategy that is generally used in a range-bound or modest bull market environment. It seeks to provide leveraged upside up to a predetermined cap and one-to-one exposure on the downside.

The strategy seeks to provide similar returns to the S&P 500 Index, with lower volatility and downside risks, in most market environments with the exception of when the stock market is rallying rapidly.

Target Outcome Indexes

Delayed Quotes
TickerIndex
SPEG01 Cboe S&P 500 3x Enhanced Growth Index January Series
SPEG04 Cboe S&P 500 3x Enhanced Growth Index April Series
SPEG07 Cboe S&P 500 3x Enhanced Growth Index July Series
SPEG10 Cboe S&P 500 3x Enhanced Growth Index October Series
Sym Last Pt. Change
SPEG01 2982.30 0.00
SPEG04 2652.33 0.00
SPEG07 2750.22 0.00
SPEG10 2523.69 0.00

Price and Performance Charts

SPEG01:

Index Constituents

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