| Financial Services Industry | Financials Sector | - CEO | BATS Exchange | - ISIN |
| United States Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
The investment is primarily focused on tracking the performance results, before fees and expenses, of the Russell 1000® Momentum Factor Index. This index is made up of the 1,000 largest-capitalization companies in the United States, aiming to provide investors with exposure to momentum factor-based investing. The investment strategy is to allocate at least 90% of its total assets to securities that are part of the underlying index, ensuring close adherence to its performance. It is classified as non-diversified, meaning it may invest more of its assets in fewer securities compared to diversified funds.
This product is designed to mimic the investment results of the Russell 1000® Momentum Factor Index, prior to fees and expenses. The index represents the performance of the largest 1,000 U.S. companies, selected based on their market capitalization. It's an ideal choice for investors seeking exposure to a momentum investing strategy within the large-cap segment of the U.S. equity market.