The investment seeks to track the investment results (before fees and expenses) of the S&P 500 Equal Weight Materials Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed o...
The investment seeks to track the investment results (before fees and expenses) of the S&P 500 Equal Weight Materials Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500 Materials Index, an index that contains the common stocks of all companies included in the S&P 500 Index that are classified as members of the materials sector, as defined according to the Global Industry Classification Standard (GICS). The fund is non-diversified.
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