Industry description
The investment seeks to provide investors with returns that generally match the price return (excluding dividends) of the SPDR® S&P 500® ETF Trust.
Under normal circumstances, the fund will invest at least 80% of its net assets in investments that provide exposure to the U.S. Large-Cap Equity underlying funds consistent with the fund's policy adopted pursuant to Rule 35d-1 under the investment company act of 1940, as amended. It is non-diversified.