Description

The USAA NASDAQ-100 Index Fund aims to replicate the investment performance of the Nasdaq-100 Index, before accounting for its operating costs and charges. To achieve this, the fund's primary strategy is to consistently allocate a minimum of 80% of its total assets to the equity shares of companies that comprise the Nasdaq-100 Index, under typical market conditions. The Nasdaq-100 Index itself is composed of 100 prominent non-financial corporations, encompassing both U.S. and international entities, all listed on The Nasdaq Stock Market and selected based on their market capitalization. It is noteworthy that this fund operates as a non-diversified investment vehicle.