The fund seeks to reflect the performance of the price of gold, before fees and expenses, by investing in companies outside the United States.
Each Share represents a fractional undivided beneficial interest in the Trust’s net assets. The Trust’s assets consist principally of gold.
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.
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 total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States.
The Index seeks to capitalize on the tendency for stocks that have experienced sharp recent sell-offs to experience near-term rebounds.
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 employs a proprietary methodology called the Chow Ratio to identify stocks that have the greatest potential for a weekly rebound.
The team ranks stocks in the S&P 500 Index based on the Chow Ratio.
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.
