Description

This passively managed fund aims to mirror the performance of the S&P SmallCap 600 Index. This index comprises the equity securities of 600 smaller American corporations from a diverse range of sectors. The fund's core investment approach is to acquire the stocks that constitute this index, ensuring its portfolio's weighting closely corresponds to that of the index. A key mandate is to allocate a minimum of 80% of its total assets, encompassing any borrowed capital used for investment, to these underlying index components.