Investors worried that a Greek exit from the European Union will create a surge in volatility should consider the Gateway International Fund, said the fund's manager Michael Buckius. The Gateway International Fund's strategy is to sell index call options on a broad-based equity portfolio and buy index put options. The calls generate cash flow for the fund, while the puts protect on the downside if the market drops significantly. Buckius said the fund's high dividend yield takes advantage of the healthy payouts offered by European companies. Finally, he said the Gateway International fund's steady returns make it a good fixed income alternative.
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