Xenia Hotellerie Solutions S.P. (XHS)

Overview

The fund aims to replicate the performance of the S&P Health Care Services Select Industry Index, which is a subset of the S&P Total Market Index (S&P TMI) focusing exclusively on the health care services sector. By employing a sampling strategy, the fund invests primarily in the securities that comprise the index, ensuring that at least 80% of its total assets are allocated to these securities. This approach allows the fund to represent the health care services segment effectively, providing investors with a targeted investment opportunity within the health care industry.

Products and Services

• S&P Health Care Services Select Industry Index Tracking

  The fund's primary product is its investment strategy that aims to track the performance of the S&P Health Care Services Select Industry Index. This index represents the health care services segment of the S&P Total Market Index (S&P TMI), offering investors exposure to companies within the health care services sector. By mirroring the index's performance, the fund provides an opportunity for investors to gain from the sector's potential growth while mitigating some of the risks through diversification.

• Sampling Strategy Investment Approach

  Unlike funds that attempt to replicate an index by purchasing all of the index's components, this fund employs a sampling strategy. This approach involves selecting a representative sample of securities that collectively mimics the index. This method allows for more flexibility in fund management, can reduce transaction costs, and still aims to closely follow the index's performance. This strategic approach is particularly beneficial in efficiently managing investments in the health care services sector.