ICE U.S. Treasury 25+ Year TR I (2FSE)

Overview

The company operates in the financial sector, focusing on investment opportunities that target companies based outside of the United States. Its primary product is an investment fund that seeks to reflect the performance of a select group of companies. These chosen entities are believed to offer greater exposure to size and value factors compared to the broader Morningstar Developed Markets ex-US Index. This index is significant as it represents a float-adjusted, market-capitalization weighted benchmark of companies incorporated within developed markets, excluding the United States. To align closely with its objectives, the company commits to investing at least 80% of its total assets directly into the securities that comprise the index, along with American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are based on these securities. This approach is designed to offer investors a tailored exposure to international markets, emphasizing size and value as key investment factors.

Products and Services

• Investment Fund Targeting Size and Value Factors

  This product is the cornerstone of the company's offerings, designed for investors looking to diversify their portfolio outside of the U.S. stock market. It is meticulously structured to track the performance of a curated selection of companies. These companies are chosen for their significant exposure to size (referring to smaller companies that offer potential for growth) and value (stocks that are believed to be undervalued in the market) factors, compared to the broader Morningstar Developed Markets ex-US Index.

• Securities of the Targeted Index

  As part of its commitment to reflect the index’s performance, the company invests a substantial portion of its assets directly into the securities that make up the index. This is a strategic move to ensure that the fund's performance closely aligns with the benchmark, thereby providing a transparent and direct investment route into selected companies from developed markets, excluding the U.S.

• ADRs and GDRs Based on Index Securities

  To expand its reach and provide more diversified investment options, the company also includes American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) in its portfolio. These financial instruments are based on the securities within the index and offer investors an alternative way to gain exposure to international markets. ADRs and GDRs are particularly appealing for investors looking for ease of trading and liquidity, as they allow foreign stocks to be traded on local stock exchanges.