Unipol Gruppo S.p.A. ADR (UFGSY)

Overview

The investment strategy is crafted to mirror the performance, before fees and expenses, of the Aptus Fortified Value Index. This index is meticulously constructed to reflect the investment in the most undervalued U.S.-listed common stocks and real estate investment trusts (REITs). It employs a rules-based, equal-weighted approach to select these 50 component securities, ensuring a targeted investment in undervalued assets. Furthermore, the fund adopts a protective strategy against significant downturns in the U.S. equity market, especially when the market exhibits signs of overvaluation. It commits to allocating at least 80% of its total assets to the securities that constitute the index, excluding any collateral from securities lending. The fund's strategy showcases a non-diversified investment approach, focusing on potentially undervalued securities and implementing hedging techniques against market declines.

Products and Services

• Aptus Fortified Value Index Tracking

This product is at the core of the investment strategy, aiming to track the performance of the Aptus Fortified Value Index. By investing primarily in the component securities that make up this index, the fund seeks to gain exposure to a portfolio of the most undervalued U.S.-listed common stocks and REITs. This component offers investors an opportunity to participate in the potential upside of these undervalued assets while employing a systematic approach to selection and weighting.

• Market Decline Hedging

Integral to its strategy, the fund incorporates a hedging mechanism to protect against significant declines in the U.S. equity market. This approach is particularly activated when the market is deemed overvalued, aiming to safeguard the investment from severe downturns. The hedging strategy represents a defensive posture within the fund's overall investment approach, seeking to mitigate risks associated with market volatility and overvaluation, thus providing a layer of security for the investors.