NYSE ARCA | ETF
The fund is an actively managed exchange traded fund (ETF) that will primarily invest in ETFs that represent a sector of the S&P 500 Index.
The S&P 500 Index is composed of the following eleven sectors: Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.
Under normal market conditions, the sub-adviser will invest the fund's assets in all eleven sectors that comprise the S&P 500 Index.
The sub-adviser may adjust holdings based on changes in the S&P 500 economic sector weightings.
Top 11 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| XLK | The Select Sector SPDR Trust - The Technology Select Sector SPDR Fund | 31.27% | ||
| XLV | The Select Sector SPDR Trust - The Health Care Select Sector SPDR Fund | 13.22% | ||
| XLY | The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund | 11.45% | ||
| XLI | The Select Sector SPDR Trust - The Industrial Select Sector SPDR Fund | 10.27% | ||
| XLF | The Select Sector SPDR Trust - The Financial Select Sector SPDR Fund | 8.73% | ||
| XLC | Communication Services Select Sector SPDR® Fund | 6.45% | ||
| XLP | The Select Sector SPDR Trust - The Consumer Staples Select Sector SPDR Fund | 6.11% | ||
| XLE | The Select Sector SPDR Trust - The Energy Select Sector SPDR Fund | 4.18% | ||
| XLU | The Select Sector SPDR Trust - The Utilities Select Sector SPDR Fund | 3.57% | ||
| XLB | The Select Sector SPDR Trust - The Materials Select Sector SPDR Fund | 2.46% | ||
| XLRE | The Real Estate Select Sector SPDR Fund | 2.29% |