| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 712 | $36,682.57 | $44,193.84 | $7,511.27 | 20.48% |
ELEVATUS WELATH MANAGEMENT ELEVATUS WELATH MANAGEMENT | 28,097 | $1.5M | $1.74M | $241,980.44 | 16.17% |
KKM Financial LLC KKM Financial LLC | 19,263 | $853,511.55 | $1.19M | $336,749.22 | 39.45% |
Todd Arthur Gomes Sonoma Allocations LLC | 66,919 | $3.61M | $4.11M | $498,155.26 | 13.81% |
| ARCA Exchange | US Country |
The fund operates on the principles of passive or indexing investment strategy, which aims to replicate the performance of its underlying index. This underlying index is specifically designed to trace the performance of equity securities based in the countries that are part of the European Monetary Union. One of the fund's primary objectives is to mitigate the exposure to fluctuations between the value of the U.S. dollar and the euro. This strategy indicates that the fund seeks to provide investment results that, before fees and expenses, generally correspond to the price and yield performance of the specified index.
This product involves using a passive investment strategy that aims to generate returns that closely match the performance of the fund's underlying index. By mirroring the index, the fund seeks to benefit from the collective performance of equity securities based in the European Monetary Union countries, offering investors exposure to these markets.
The service focuses on minimizing the fund's exposure to currency risk, particularly the risk arising from fluctuations between the U.S. dollar and the euro. This is particularly important for investors looking to invest in euro-denominated assets without the added concern of currency risk affecting their returns. The fund implements strategies to hedge against currency fluctuations, aiming to provide more stable investment outcomes.
As part of its core investment strategy, the fund commits at least 80% of its total assets to the component securities of the underlying index. This commitment ensures that the majority of the fund's assets are directly aligned with its investment objective of tracking the index's performance. It provides a clear indication of the fund's adherence to its stated investment strategy and its focus on investing in the European Monetary Union's equity markets.