The fund seeks to provide a high level of current income 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 below-investment grade fixed income securities, such as bonds and bank loans.

In selecting securities for the portfolio, the research team incorporates top-down macroeconomic and risk perspective, combined with bottom-up perspective utilizing fundamental credit analysis.

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 invests in U.S. treasury bills, bonds, and other obligations issued or guaranteed by the U.S. government or its agencies or instrumentalities, investment grade bank loans, and preferred securities.

Additionally, the fund’s investments include securities of foreign issuers, including those located in developing or emerging markets.

The fund invests in derivatives, including currency swaps and credit default swaps, for hedging purposes and to manage fixed-income exposure.
 

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 fund employs a passive investment approach designed to attempt to track the performance of the Index.

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 equity securities of companies that compose the Index.

The Index is designed to identify equity securities in the Nasdaq US Benchmark Index that are small and medium capitalization U.S. healthcare 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.

In addition, the research team employs a sampling methodology, which means that the fund will hold a portfolio of securities with generally the same risk and return characteristics of the Index.

The fund may invest in securities not included in the Index.

Additionally, the fund will not concentrate its investments in a particular industry except to the extent the Index is so concentrated.

The fund seeks capital appreciation in the long term by investing in companies across any size 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 research team invests significantly in securities of foreign companies.

In selecting securities for the portfolio, the research team utilizes a proprietary quantitative model.

The model incorporates a proprietary rules-based methodology that identifies the current market risk regime as lower, higher and increasing, or higher and decreasing and then weights securities within and among the factor categories based on the prevailing market regime.

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 primarily current income and secondarily capital appreciation 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 investment grade corporate bonds and other fixed income securities.

The fixed income securities in which the fund invests include foreign securities, corporate securities, securities issued or guaranteed by the U.S. government or its agencies and instrumentalities, and securities issued or guaranteed by foreign governments payable in U.S. dollars.

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 utilizes exchange-traded and over-the-counter derivative strategies.

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.

As part of its strategy, the fund employs a passive management approach that is designed to track the performance of the Index.

Next, the research team invests significantly in equity securities of companies that compose the Index.

The Index is designed to identify equity securities of companies in the Nasdaq Global Index (the Parent Index) that are impacted by the spending and lifestyle activities of the Millennial generation, which refers to people born from 1980 to the mid-2000s.

The Index may include U.S. and foreign (including emerging market) securities.

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.

In addition, the fund employs a sampling methodology, which means that the fund will hold a portfolio of securities with generally the same risk and return characteristics of the Index.

The fund can also invest in securities not included in the Index.

Additionally, the fund will not concentrate its investments in a particular industry except to the extent the Index is so 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 fund employs a passive investment approach designed to attempt to track the performance of the Index.

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 equity securities of companies that compose the Index.

The Index is designed to identify equity securities of mid-to large-capitalization companies in the Nasdaq US Large Mid Cap Index that exhibit higher quality, growth potential, and pricing power.

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.

In addition, the research team employs a sampling methodology, which means that the fund will hold a portfolio of securities with generally the same risk and return characteristics of the Index.

The fund may invest in securities not included in the Index.

Additionally, the fund will not concentrate its investments in a particular industry except to the extent the Index is so concentrated.

The fund seeks to provide current income 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 preferred securities.

Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt.

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 may invest its assets in below investment grade preferred securities and BB+ or lower.

Also, the fund concentrates its investments in securities in one or more industries (i.e., banking, insurance and commercial finance) within the financial services sector.

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

The fund employs a passive investment approach designed to attempt to track the performance of the Index.

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 equity securities of companies that compose the Index.

The Index is designed to identify equity securities of companies in the Nasdaq US 500 Large Cap Index that have the largest market capitalizations, with higher weights given to less volatile securities.

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.

In addition, the research team employs a sampling methodology, which means that the fund will hold a portfolio of securities with generally the same risk and return characteristics of the Index.

The fund may invest in securities not included in the Index.

Additionally, the fund will not concentrate its investments in a particular industry except to the extent the Index is so concentrated.

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

The fund employs a passive investment approach designed to attempt to track the performance of the Index.

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 equity securities of companies that compose the Index.

The Index is designed to identify equity securities (including growth and value stock) of companies in the Nasdaq US Small Cap Index that exhibit potential for high degrees of value, quality, growth, and superior momentum.

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.

In addition, the research team employs a sampling methodology, which means that the fund will hold a portfolio of securities with generally the same risk and return characteristics of the Index.

The fund may invest in securities not included in the Index.

Additionally, the fund will not concentrate its investments in a particular industry except to the extent the Index is so 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 fund employs a passive investment approach designed to attempt to track the performance of the Index.

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 equity securities of companies that compose the Index.

The Index is designed to identify equity securities of mid-to large-capitalization companies in the Nasdaq US Large Mid Cap Index that exhibit higher degrees of shareholder yield.

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.

In addition, the research team employs a sampling methodology, which means that the fund will hold a portfolio of securities with generally the same risk and return characteristics of the Index.

The fund may invest in securities not included in the Index.

Additionally, the fund will not concentrate its investments in a particular industry except to the extent the Index is so concentrated.