Description

This Exchange Traded Fund (ETF) employs a passive management approach, seeking to replicate the investment performance, including both capital appreciation and income, of the IPOX-100 US Index. The benchmark itself is a modified value-weighted price index, which measures the returns of the one hundred largest U.S.-based companies. These companies are chosen every quarter, based on their market capitalization, from the broader universe of the IPOX Global Composite Index.