| ARCA Exchange | US Country |
The fund described is a highly specialized investment vehicle that focuses exclusively on the utilities sector of the S&P 500® Index. By investing at least 90% of its total assets in the securities comprising the underlying index, it closely mirrors the performance of utilities companies included in the S&P 500®. These companies are meticulously selected based on their classification within the utilities sector, adhering to the classifications set forth by the Global Industry Classification Standard (GICS). This narrow focus allows the fund to offer a targeted investment option for those interested in the utilities segment of the broader stock market.
This product centers around investing in the common stocks of all companies classified under the utilities sector in the S&P 500® Index. It offers investors a focused exposure to the utilities industry, encompassing a range of companies that provide essential services such as water, gas, and electricity. By maintaining a portfolio that is at least 90% invested in these securities, the fund aims to replicate the performance of the S&P 500® Utilities Plus Index, providing a specialized investment opportunity within this stable and essential sector of the economy.