GCPNX – Gateway Equity Call Premium N Investment Strategy | Morningstar

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Strategy

The investment seeks total return with less risk than U.S. equity markets. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in equity securities. It ordinarily invests in a broadly diversified equity portfolio, while also writing (selling) index call options with an aggregate notional value approximately equal to the market value of the equity portfolio. The fund may also invest in affiliated and unaffiliated mutual funds and exchange-traded funds, to the extent permitted by the Investment Company Act of 1940.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
GCPYX	Gateway Equity Call Premium Fund Class Y	Institutional	Open			Sep 30, 2014	$332.24M	0.680%	Low	$100,000	$11.04M
GCPNX	Gateway Equity Call Premium Fund Class N	Institutional	Open			May 1, 2017	$229,978.00	0.630%	Low	$1M	−$133,243.31
GCPAX	Gateway Equity Call Premium Fund Class A	Front Load	Open			Sep 30, 2014	$3.85M	0.930%	Low	$2,500	−$65,597.97
GCPCX	Gateway Equity Call Premium Fund Class C	Level Load	Open			Sep 30, 2014	$490,234.00	1.680%	Low	$2,500	−$480,473.43

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