Description

The core purpose of this fund is to mirror the price and total return of the MSCI USA Select Dynamic 50% Risk Weighted Index, after expenses. It achieves this by generally allocating its assets to large and mid-capitalization American companies that are constituents of the specified index. The relative proportion of each company's shares within the fund directly reflects its weighting in the index. This investment vehicle is passively managed, and its market trading price might occasionally diverge from its net asset value.