November was a tricky month for large- and megacap growth stocks. That was highlighted by the Nasdaq-100 (NDX) and S&P 500 Growth indexes finishing in the red in the 11th month of the year.
These days, it's not unreasonable for investors to feel as if there's one word attached to AI: “bubble.” AI bubble talk is increasing in frequency, as are comparisons to the internet bubble of 2000.
Market participants have rapidly become concerned about the state of affairs with growth stocks. That includes some of the previously sturdy megacap names.
| NASDAQ (NMS) Exchange | US Country |
This company specializes in managing an investment trust that aims to mirror the composition and weights of the securities found in the NASDAQ-100 Index®. To achieve this, the adviser periodically adjusts the securities within the trust to ensure they align with the periodic changes in the identity and/or relative weights of the index securities. This alignment is crucial for the trust's performance to accurately reflect the movements and changes of the NASDAQ-100 Index®, providing investors with a reliable investment vehicle that tracks the index's performance.
The core service includes managing the investment trust to ensure its portfolio mirrors the NASDAQ-100 Index®. This involves adjusting the composition and weighting of the securities within the trust to match those of the index, taking into account periodic changes in the index securities. This adjustment process is critical for maintaining the trust's objective of tracking the index.
Apart from managing the investment trust, the company also offers services related to adjusting the composition and weighting of the portfolio deposits. These adjustments are made to conform to changes in the NASDAQ-100 Index®, ensuring that any new deposits into the trust are also aligned with the current state of the index. This service is essential for investors making new investments or reinvesting in the trust, as it ensures their capital is allocated in a manner that reflects the latest index composition and weights.