Texas Capital Texas Equity Index Fund (TXS)

Overview

The fund is designed to provide investors with exposure to the Texas market by investing in a diversified portfolio that mirrors the composition of a dedicated index. This index is comprehensive, taking into account both sector diversification and market-capitalization weighting, ensuring that investments are spread across various sectors and are adjusted for market float. The goal is to replicate the performance of companies headquartered in Texas, as verified by federal and state regulatory filings. By maintaining weightings similar to those of the index's components, the fund aims to closely track the economic performance of the Texan business landscape.

Products and Services

This fund offers a singular, focused investment product characterized by:

• Index Component Investment: The fund invests in the components of its designated index in proportions that closely match those of the index itself. This investment strategy is intended to mirror the performance of Texas-headquartered companies, providing investors with a balanced exposure to the Texan economy across various sectors.
• Diversified, Float-Adjusted Sector and Market-Capitalization Weighted Index: The underlying index of this fund offers a diversified investment landscape by including companies from multiple sectors. Adjustments for market float ensure that the index represents the investable universe in a manner that is fair and precisely reflective of market dynamics. Moreover, weighting by market capitalization means that larger companies have a proportionally greater impact on the index performance, aligning the fund’s performance with the broader economic trends within Texas.