| NASDAQ (NMS) Exchange | United States Country |
The fund aims to offer long-term capital growth to its investors by outperforming the S&P 500® Index across a full market cycle, while maintaining a level of market risk comparable to that of the index. It primarily invests in equity securities, with a focus on common stocks of companies included in the S&P 500 Index. The fund is designed for investors looking for a balanced approach to capturing the upside of the U.S. equity market, with a commitment to closely tracking the risk profile of the S&P 500® Index.
The majority of the fund's investments are in common stocks of companies that are constituents of the S&P 500 Index. These equity securities are selected based on their potential to contribute to the fund’s goal of outperforming the S&P 500®, while aligning with the market risk level of the index.
Under normal circumstances, the fund dedicates at least 80% of its net assets to securities of U.S. issuers or derivatives linked to the securities of U.S. issuers. This focus on U.S. companies is aimed at leveraging the growth potential within the U.S. equity market, which is represented by the S&P 500 Index.