The fund seeks capital appreciation by investing in companies across any size in the United States.

The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests significantly in equity securities.
 
The team utilizes a proprietary, quantitative model (the EquBot Model) that runs on the IBM Watson platform.

Then the team applies Artificial Intelligence technology to build predictive models on 6,000 US companies.

Each day, the EquBot Model ranks each company based on the probability of the company benefiting from current economic conditions, trends, and world events.

Next, the EquBot Model identifies approximately 30 to 125 companies with the greatest potential over the next twelve months for appreciation.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

At times, a significant portion of the fund’s net assets may consist of cash and cash equivalents.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

As part of its strategy, the fund employs a passive or indexing approach.

Next, the research team invests significantly in the component securities of the Index and in depositary receipts representing such securities.

The Index tracks the performance of exchange-listed Israeli technology operating companies.

Such companies may be engaged in a wide spectrum of technology related sectors, including information technology, biotechnology, clean energy and water technology and defense technology.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

However, the fund may utilize a representative sampling strategy with respect to the Index when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to follow the Index.

The fund may lend its portfolio securities to brokers, dealers, and other financial organizations.

Also, the fund will concentrate its investments in a particular industry or group of related industries to approximately the same extent that the Index is concentrated.

The fund seeks to provide long exposure to the dry bulk shipping market through a portfolio of near-dated freight futures contracts on dry bulk indices, by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the fund will hold freight futures with a weighted average of approximately three months to expiration, using a mix of one-to-six-month freight futures, based on the prevailing calendar schedule.

However, the fund intends to progressively increase its position to the next calendar quarter three-month strip while existing positions are maintained and settle in cash.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The Benchmark Portfolio includes a combination of Capesize, Panamax and Supramax Freight Futures.

The Benchmark Portfolio includes 50% exposure in Capesize Freight Futures contracts, 40% exposure in Panamax Freight Futures contracts and 10% exposure in Supramax Freight Futures contracts.

In addition, the Benchmark Portfolio does not include and the fund will not invest in swaps, non-cleared dry bulk freight forwards or other over-the-counter derivative instruments that are not cleared through exchanges or clearing houses.

The fund may hold exchange-traded options on Freight Futures.

The fund holds cash or cash equivalents such as U.S. Treasuries or other high credit quality, short-term fixed-income or similar securities for direct investment or as collateral for the U.S. Treasuries and for other liquidity purposes and to meet redemptions that may be necessary on an ongoing basis.

Also, the fund may realize interest income from its holdings in U.S. Treasuries or other market rate instruments.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

As part of its strategy, the fund employs a passive or indexing approach.

Next, the research team invests in the component securities of the Index and in ADRs and GDRs based on the component securities in the Index.

The Index is designed to measure the performance of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

Additionally, the fund may invest up to 20% of its net assets in securities that are not in the Index.

The fund may lend its portfolio securities to brokers, dealers, and other financial organizations.

The fund will concentrate its investments in a particular industry or group of related industries to approximately the same extent that the Index is concentrated.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

As part of its strategy, the fund employs a passive or indexing approach.

Next, the research team invests in the component securities of the Index and in ADRs and GDRs based on the component securities in the Index.

The Index tracks the performance of companies across the globe that engage in providing cyber defense applications or services, or provide hardware or software for cyber defense activities.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

Additionally, the fund may invest up to 20% of its net assets in securities that are not in the Index.

The fund may lend its portfolio securities to brokers, dealers, and other financial organizations.

The fund will concentrate its investments in a particular industry or group of related industries to approximately the same extent that the Index is concentrated.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

As part of its strategy, the fund employs a passive or indexing approach.

Next, the research team invests in the component securities of the Index and in ADRs and GDRs based on the component securities in the Index.

The Index tracks the performance of the equity securities of small-capitalization companies actively engaged in silver refining, mining, or exploration.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

Additionally, the fund may invest up to 20% of its net assets in securities that are not in the Index.

The fund will concentrate its investments in a particular industry or group of related industries to approximately the same extent that the Index is concentrated.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

As part of its strategy, the fund employs a passive or indexing approach.

Next, the research team invests in the component securities of the Index and in ADRs and GDRs based on the component securities in the Index.

The Index tracks the mobile and electronic payments industry, specifically focusing on credit card networks, payment infrastructure and software services, payment processing services, and payment solutions (such as smartcards, prepaid cards, virtual wallets).

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

Additionally, the fund may invest up to 20% of its net assets in securities that are not in the Index.

The fund may lend its portfolio securities to brokers, dealers, and other financial organizations.

The fund will concentrate its investments in a particular industry or group of related industries to approximately the same extent that the Index is concentrated.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The Index is designed to reflect the performance of companies involved in the video game technology industry, including game developers, console and chip manufacturers and game retailers.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

As part of its strategy, the fund employs a passive or indexing approach.

Next, the research team invests significantly in securities, ADRs, or GDRs of Video Gaming Companies.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

Additionally, the fund may invest up to 20% of its net assets in securities that are not in the Index.

The fund may lend its portfolio securities to brokers, dealers, and other financial organizations.

The fund will concentrate its investments in a particular industry or group of related industries to approximately the same extent that the Index is concentrated.

The fund seeks to replicate the total return performance of the benchmark index before fees and expenses by investing in companies in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests significantly in U.S. companies that are leaders in their industry with respect to their carbon impact.

Also, the research team integrates environmental, social and governance factors as part of its process.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

Also, the fund may lend its portfolio securities to brokers, dealers, and other financial organizations.

In addition, the fund will concentrate its investments in a particular industry or group of related industries to approximately the same extent that the Index is concentrated.