The investment seeks results that correspond to the price and yield performance, before fees and expenses, of the Dynamic Basic Materials Sector Indellidex Index.
The fund will invest at least 80% of assets in common stocks of basic materials companies. It will invest at least 90% of assets in common stocks that comprise the index. The index consists of approximately 60 U.S. basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.
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