The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500® that exhibit quality characteristics and have attractive valuation.
