Description

This fund aims to replicate the total return of the S&P SmallCap 600® Index. Its general strategy involves fully deploying capital across all the component stocks of the S&P SmallCap 600® Index, complemented by futures contracts linked to the index's performance. Typically, it acquires all 600 index stocks in proportion to their weighting. However, under certain circumstances, the fund may opt to invest in a representative subset of these stocks, also utilizing index-tracking futures. When employing this sampling methodology, the fund's advisor expects to hold positions in approximately 500 or more of the index's constituent companies. It is important to note that this fund is non-diversified.