The fund seeks to track the performance of an index composed of 500 large cap U.S. companies, offering indirect exposure to large, established U.S. companies.
Fund Exposure
The fund is primarily exposed to equity asset class, with a focus on large US-based multinational companies through total return swaps. It provides globally diversified growth through these companies.
Risks
Risks associated with this fund include the potential impact of daily stock market movements, political factors, economic news, company earnings, and significant corporate events. Additionally, the use of derivatives can increase the size of losses and gains, leading to greater fluctuations in the fund's value. Counterparty risk is also a concern, as the fund's ability to track the benchmark's performance relies on counterparties to deliver the performance of the benchmark in line with swap agreements.