Description

This fund primarily allocates at least 80% of its total assets to equity securities issued by companies included in the S&P MidCap 400® Index. This benchmark index is composed of roughly 400 medium-sized American businesses representing various sectors. The adviser pursues a passive, index-tracking investment strategy, aiming to closely mirror the S&P MidCap 400® Index's performance before any fund-related expenses are deducted.