The fund seeks to track the performance of an index composed of U.S. Consumer Staples Sector companies as defined by the Global Industry Classification Standard (GICS).
Fund Exposure
The fund provides diversified exposure to U.S. companies within the Consumer Staples Sector, focusing on leading U.S. companies. The benchmark for this fund is the S&P 500 Capped 35/20 Consumer Staples Index.
Risks
Investment risk is concentrated in specific sectors, countries, currencies, or companies, making the fund more sensitive to localized economic, market, political, sustainability-related, or regulatory events. Additionally, the value of equities and equity-related securities can be affected by daily stock market movements, political and economic news, company earnings, and significant corporate events. Counterparty risk is also a factor to consider, as the insolvency of any institutions providing services may expose the fund to financial loss.