The Knowledge Leaders Developed World ETF (KLDW) focuses its capital on publicly traded companies identified by its management as "knowledge leaders" – pioneering enterprises known for their high degree of innovation. Its portfolio is meticulously constructed to feature a broad array of medium and large-capitalization firms situated across the globe's advanced economies, encompassing prominent markets in North America, Europe, and Asia. Under standard operating conditions, a significant portion, specifically at least 80%, of the fund's total assets will be allocated to these innovation-driven securities at the point of investment, with a further stipulation that no single industry will constitute more than 25% of the fund's overall holdings.