| NASDAQ Exchange | US Country |
The fund is designed to mirror the performance of the index comprising 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market, based on market capitalization. This selection includes leading entities from a broad range of sectors like computer hardware and software, telecommunications, retail/wholesale trade, and biotechnology, aiming to reflect the innovative core of the economy. Managed by its Advisors, the fund employs financial instruments expected to track the index's performance closely. Despite its vast coverage of major industry groups, it maintains a non-diversified status, focusing its investments in a relatively small number of positions to potentially maximize returns.
This strategy involves investing in the 100 largest domestic and international non-financial companies listed on The Nasdaq Stock Market, ensuring a focus on successful and potentially high-growth entities.
The fund's portfolio concentrates on pivotal sectors such as computer hardware and software, telecommunications, retail/wholesale trade, and biotechnology, offering investors exposure to key areas of market innovation and growth.
By maintaining a non-diversified status, the fund aims for concentrated investments in fewer select companies, which can lead to higher risk but also the opportunity for significant returns, aligning with the objectives of investors seeking growth through leading non-financial firms.