| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NA Nizar Araji National Bank Of Canada /FI/ | 306 | $8,275.68 | $6,891.12 | -$1,384.56 | -16.73% |
| Financial Services Industry | Financials Sector | - CEO | ARCA Exchange | 45259A308 CUSIP |
| US Country | - Employees | 27 Dec 2022 Last Dividend | - Last Split | - IPO Date |
The company manages a specialized investment fund that aims to allocate at least 80% of its total assets, along with any funds borrowed for investment purposes, towards securities that form part of the underlying index. This index is meticulously curated based on a set of rules to identify companies within the Morningstar® Global Markets Large-Mid Index, which serves as the parent index. Focused on investing in firms that display specific desired characteristics, the fund employs a strategy that is less about diversification and more about concentrating on targeted investment opportunities within the large to mid-cap market segment globally.
The primary service offered involves investing directly in the securities that make up the underlying index. This practice is founded on a stringent rule-based methodology which seeks out companies from the Morningstar® Global Markets Large-Mid Index that exhibit particular characteristics of interest. This approach is engineered to potentially yield returns that align closely with the performance of the selected companies within the targeted segment.
Unlike diversified funds which spread investments across a wide array of sectors and assets, this fund concentrates its investments in a more focused manner. Despite the inherent risks associated with lesser diversification, this strategy allows for a more concentrated effort towards maximizing returns from selected investments. The fund's decision to operate in a non-diversified capacity underlines its commitment to its chosen investment philosophy and targeted sectors.