CLSC seeks to provide long-term growth. The fund seeks to achieve this objective primarily by allocating among ETFs that invest in companies of various sectors of the U.S. market. The fund selects investments in sectors of the market that it identifies utilizing a strategy designed to optimize performance while seeking to manage portfolio volatility and reduce exposure to down markets. The fund may invest in ETFs that provide exposure to additional asset classes, such as fixed income, commodities, real estate, and currencies to achieve its objective.
FXD is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield before fees and expenses of an equity index called the StrataQuant Consumer Discretionary Index.
CHIX seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Financials 10/50 Index.
OVB is an actively-managed exchange-traded fund that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of investment grade, U.S. dollar-denominated, fixed-rate taxable bonds or directly in the securities held by such ETFs (collectively, the Underlying Investments) and (ii) selling and purchasing listed short-term put options to generate income to the Fund (the Overlay Strategy).
IUS is based on the Invesco Strategic US Index (Index). The Fund will normally invest at least 80% of its total assets in securities that comprise the Index. The Index is designed to measure the performance of high quality, large-sized US companies.
PSMM is an actively managed exchange-traded fund (ETF) that seeks to provide current income and some capital appreciation by allocating through a moderately conservative investment style that seeks to maximize diversification potential. The Fund is a "fund of funds," meaning that it invests its assets in the shares of other exchange-traded funds, rather than in securities of individual companies. The Funds target allocation of total assets: 50% to 80% in fixed income ETFs, 20% to 50% in equity ETFs and 5% to 15% in underlying ETFs that invest in foreign stocks and bonds as well as American depositary receipts (ADRs) and global depositary receipts (GDRs).
LABD seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the S&P Biotechnology Select Industry Index. The Index is provided by Standard & Poor s and includes domestic companies from the biotechnology industry. As of April 30, 2015, the Index was comprised of 98 stocks. The companies included in the Index have a median market capitalization of $1.54 billion and are concentrated in the energy and biotechnology sectors as of April 30, 2015.
Under normal circumstances, PXUS invests at least 40% of its net assets, plus any borrowings for investment purposes, in securities of foreign companies. The fund invests in securities regardless of market capitalization size (small, medium or large). For security selection and portfolio construction, Principal Global Investors, LLC ("PGI") uses a proprietary quantitative model. The model is designed to identify and rank equity securities in the MSCI World Ex-U.S. Index (the "Index") that correspond to multi factor categories.
IIGD is based on the Invesco Investment Grade Defensive Index (Index). The Fund generally will invest at least 80% of its total assets in securities that comprise the Index, which is designed to provide exposure to U.S. investment grade bonds with relatively higher-quality characteristics, including higher credit ratings and shorter maturities. All eligible bonds are assigned a quality score, which is calculated based on the bond s maturity and credit rating.
UVXY seeks, on a daily basis, to provide investment results (before fees and expenses) that correspond to twice (2x) the performance of the S&P 500 VIX Short-Term Futures Index. This Ultra ProShares ETF seeks a return that is 2x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next.
EPU seeks investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI All Peru Capped Index.
EAOK seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds with positive environmental, social and governance characteristics intended to represent a conservative risk profile.
SQQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index.
KSCD is benchmarked to the Russell 2000 Dividend Select Equal Weight Index, which takes a smart beta1 approach to investing in US Small Cap companies. The strategy seeks to measure the performance of US companies that have successfully increased their dividend payments over a period of ten years. The Index is designed to provide a benchmark for investors looking to capture a concentrated portfolio of constituents demonstrating increased dividends and positive momentum.
TZA seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the price performance of the Russell 2000 (Small Cap Index). There is no guarantee the fund will meet its stated investment objective.
WBND is an actively managed strategy that seeks to maximize total return consistent with prudent investment management and liquidity needs. The fund will seek its investment objective by investing at least 80% of its assets in a portfolio comprised of fixed income securities, debt instruments, derivatives, equity securities of any type acquired in reorganizations of issuers of fixed income securities or debt instruments (work out securities), non-convertible preferred securities, warrants, cash and cash equivalents, foreign currencies, and exchange-traded funds (ETFs) that provide exposure to these investments (Principal Investments).
SPHB is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poors and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months.
JOYY seeks to track the investment results, (before fees and expenses) of the Infusive Global Consumer Champions Index. The Underlying Index seeks long-term capital appreciation by investing in a portfolio of global, publicly-listed companies that are determined by MSCI, Inc. (the Index Provider) to meet the definition of a Consumer Alpha company. Developed by the Advisor, Consumer Alpha refers to companies that provide products or services that elicit joy and make the consumer happy, which creates inelastic and consistent demand, and ultimately, provides pricing power and steady profit growth for the companies.
MDYV before expenses seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index (ticker: SPTRMV). Our approach is designed to provide portfolios with low portfolio turnover accurate tracking and lower costs.
PLRG is a active ETF. Under normal circumstances it invests 80% in large cap US equities using proprietary model.