Description

The S&P 500 Index, consisting of roughly 500 prominent U.S. public corporations across a wide spectrum of industries (predominantly common shares), forms the core investment for this fund. The fund commits a minimum of 80% of its total assets to securities found within this benchmark. Its objective is to emulate the combined performance of the S&P 500, specifically its overall price movements and dividend payouts, before factoring in the fund's own administrative costs and charges.