The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P BMI International Developed High Beta Index (the "underlying index").
The fund invests at least 90% of its total assets in the securities of companies that comprise the underlying index. Historically, the underlying index has included all publicly listed equities with float-adjusted market values of at least $100 million and annual dollar value traded of at least $50 million from Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, etc. It is non-diversified.
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