This fund builds out its portfolio by laddering a collection of autocallable yield notes. These market-linked investments generate coupon payments based on equity market performance. To break it down, CAIE's autocallables use the MerQube US Large-Cap Vol. Advantage Index as their reference index. As long as the performance of these notes doesn't drop below the barrier level of -40%, each of these notes will continue to bring in yield every month. Essentially, CAIE lets investors continue to earn competitive ...