Defiance Space and Connective Tech ETF (UFOX)

Overview

The described fund operates within the financial sector, focusing on the investment domain. It employs a passive management strategy to mirror the total return performance, pre-fees and expenses, of its underlying index. This index is designed based on a set of rules, creating a tiered, modified market capitalization-weighted portfolio of U.S.-listed equity securities, including depositary receipts. A distinct characteristic of the index and, inherently, the fund, is the requirement that included companies must generate at least 50% of their revenues from business activities, products, or services directly linked to the fund's targeted investment theme. This criterion ensures that the fund's investments are closely aligned with its strategic focus, aiming to provide investors with a targeted exposure to a specific subset of the market.

Products and Services

The main offering of this fund is its investment product that tracks a specific, rules-based index. The services and products under this fund are designed to cater to investors looking for exposure in a niche segment of the market, specifically focusing on companies with significant revenue from certain business activities, products, or services. Below is a detailed look at its product:

• Passive Investment Fund:

The key product of this fund is the passive investment vehicle that aims to replicate the performance of its underlying index. The index encompasses U.S.-listed equity securities, including depositary receipts, of firms that derive a significant portion of their income from specified business activities. This investment product is crafted for investors seeking an easy way to gain exposure to a particular market segment without the need for active management. By investing in this fund, investors can expect to achieve returns that closely mirror the performance of the index, less any fees and expenses associated with the fund.