| NASDAQ Exchange | United States Country |
The fund described is a specialized investment vehicle that primarily focuses on the utilities sector of the U.S. equity market. By allocating at least 80% of its assets in the stocks that are part of its targeted index, the fund aims to mirror the market capitalization weighting of these stocks within the index. The said index is used to measure the performance of the utilities sector, making the fund a targeted investment option for individuals or entities looking to invest specifically in this segment of the market. As a non-diversified fund, it might invest more heavily in fewer stocks, which could lead to higher volatility or risk, but potentially offers greater returns specific to the utilities sector's performance.
The fund offers specialized investment services with a focus on the utilities sector through the following product: