Description

This ETF tracks an index, specifically created and managed by Dorsey, Wright & Associates, LLC, which identifies the 21 companies from the Nasdaq-100 Index exhibiting the strongest price appreciation trends. The fund primarily allocates capital to common stocks and various types of depositary receipts, including American Depositary Receipts (ADRs). Its investment strategy permits a substantial concentration in certain industries, groups of industries, or geographical areas, reflecting the composition of its underlying benchmark. It is important to note that this fund is categorized as non-diversified.