| NASDAQ Exchange | United States Country |
The company operates a fund that closely follows the Nasdaq-100 Index®, focusing on investing in a large portfolio of stocks that replicate the composition of this Index. The fund adheres to a passive management strategy, dedicating at least 80% of its total assets, including borrowed amounts for investment purposes, to stocks listed in the Nasdaq-100 Index®. This index is renowned for encompassing 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market, determined based on market capitalization. The fund’s investment approach emphasizes maintaining a portfolio that mirrors the performance of the Nasdaq-100, capitalizing on the growth and stability of some of the world's leading companies.
This product allows investors to gain exposure to the performance of 100 of the largest domestic and international non-financial companies. By investing in this fund, investors are indirectly investing in high-quality stocks across various sectors, excluding the financial industry, which are listed on The Nasdaq Stock Market. The fund’s passive management strategy aims to replicate the performance of the Nasdaq-100 Index®, making it suitable for investors seeking investment returns that closely follow the movements of the index.