This actively managed Exchange Traded Fund (ETF) primarily allocates its capital to other ETFs that target specific industry sectors within the S&P 500 Index. The S&P 500 is segmented into eleven distinct industry groups: Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials. Typically, under standard market circumstances, the fund's sub-adviser ensures the portfolio holds exposure to all eleven of these S&P 500 sectors.
