Industry description
The investment seeks to capture the majority of equity market returns, while exposing investors to less volatility and downside risk than other equity investments.
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in U.S. equity securities that generally mimic the performance of the S&P 500 Index while attempting to reduce volatility and mitigate drawdowns. The fund is non-diversified.