Description

This passively managed fund is designed to replicate the investment performance, including both capital appreciation and income, of the NASDAQ Global High Equity Income Index. Its goal is to track this benchmark's returns before the deduction of any fees or expenses. The underlying Index itself employs a systematic, rule-driven methodology for selecting its constituents, incorporating fundamental analysis criteria and a specific "plough-back" weighting system to objectively identify dividend-paying companies from the broader NASDAQ Global Index.