Fund Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the mortgage banking, processing and marketing segment of the U.S. financial services industry. The fund employs a replication strategy in seeking to track the performance of the S&P Mortgage Finance Select Industry Index. It generally invests substantially all, but at least 80%, of total assets in the securities comprising the index. The fund is non-diversified.
Fund Snapshot Updated 05.23.2013
| Previous Close | $52.04 | Expense Ratio | 0.35% |
| YTD Return | 22.8% | Avg. 30-Day Volume | 3,194 |
| 1-Year Return | 44.1% | Market Cap | Loading... |
| Bid | $52.13 | Shares Outstanding | 100,000 |
| Ask | $52.28 | Dividends | $1.07 |
| Top 10 Holdings | |
|---|---|
| Radian Group Inc (RDN) | 3.15% |
| Mercury Genl Corp New (MCY) | 2.81% |
| Mgic Invt Corp Wis (MTG) | 2.80% |
| Ryland Group Inc (RYL) | 2.76% |
| Mbia Inc (MBI) | 2.65% |
| Old Rep Intl Corp (ORI) | 2.64% |
| Assured Guaranty Ltd (AGO) | 2.56% |
| Pulte Group Inc (PHM) | 2.49% |
| Standard Pac Corp New (SPF) | 2.44% |
| D R Horton Inc (DHI) | 2.42% |
| % of Total Holdings | 26.70% |
