Business Description
This ETF is actively managed and designed to match the returns of the Secured Overnight Financing Rate, a benchmark interest rate published by the Federal Reserve Bank of New York. At least 80% of the fund's assets will be placed into investments chosen by Samsung Asset Management Inc., with the aim of tracking that rate as closely as possible after fees and costs are taken into account. The fund concentrates its holdings rather than spreading them across a wide range of assets.
