Industry description
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of the ICE BofA Current 10-Year US Treasury Index.
Under normal market conditions, the Adviser seeks to achieve the investment objective by investing at least 80% of the net assets (plus any borrowings for investment purposes) in the component securities of the index. The index is a one-security index comprised of the most recently issued 10-year US Treasury note.