Description

The Victory US 500 Enhanced Volatility Wtd Index Fund aims to achieve its financial objectives by generally dedicating at least 80% of its portfolio, in normal market environments, to the shares of companies featured in the Nasdaq Victory US Large Cap 500 Long/Cash Volatility Weighted Index, commonly referred to as "the index." This particular index is not actively managed; instead, it employs a volatility-weighted methodology and is exclusively maintained by Nasdaq Inc. Its construction thoughtfully combines fundamental investment criteria with a strategy for managing individual stock risk, achieved by weighting each security based on its level of volatility.