Fund Description
The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Value Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Value Index. The Target Value Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.
Fund Snapshot Updated 05.22.2013
| Previous Close | $26.25 | Expense Ratio | 2.22% |
| YTD Return | 7.5% | Avg. 30-Day Volume | 848 |
| 1-Year Return | 15.6% | Market Cap | Loading... |
| Bid | $26.03 | Shares Outstanding | 150,000 |
| Ask | $26.25 | Dividends | $0.00 |
| Top 10 Holdings | |
|---|---|
| Mbia Inc (MBI) | 0.75% |
| Warner Chilcott Plc Ireland (WCRX) | 0.68% |
| T-Mobile Us Inc (TMUS) | 0.61% |
| Boston Scientific Corp (BSX) | 0.58% |
| Nu Skin Enterprises Inc (NUS) | 0.57% |
| Herbalife Ltd (HLF) | 0.57% |
| Tesoro Corp (TSO) | 0.56% |
| Goodyear Tire & Rubr Co (GT) | 0.56% |
| Seagate Technology Plc (STX) | 0.56% |
| Staples Inc (SPLS) | 0.55% |
| % of Total Holdings | 6.00% |
