Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL).
Industry description
The investment seeks investment results, before fees and expenses, that correspond to the performance of the S&P 500® Index.
The fund invests in financial instruments that the fund Advisors believes, in combination, should track the performance of the index. The index is a measure of large-cap U.S. stock market performance. The index is designed to measure the performance of 500 of the largest companies listed and domiciled in the U.S. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.