The fund-of-funds provides exposure to intermediate-term US Treasury through a covered call strategy. Aiming to provide attractive and tax-efficient monthly cash distributions, the fund invests in mid-duration US Treasury ETFs with average maturities of 7-10 years. The fund expects potential added value, lower volatility, and improved returns by writing up to 100% in covered call options, which may vary based on market volatility, among other factors. Each month, the fund manager writes covered call options of securities held in the portfolio. Such options are generally at-the-money with the discretion to write options that are out-of-the-money. The fund expects to receive premiums paid within one business day since writing of the option. The options strategy can maximize income for its investors, though it may come at the cost of placing a drag on the upside potential. As an actively managed fund, the fund manager has full discretion to make any investment decision at any time.