Business Description
This is a U.S.-focused stock fund that puts the large majority of its money into shares traded on American exchanges. To manage risk, the fund can protect its entire stock portfolio against market downturns using hedging strategies. While it can buy stocks across all industries, no single sector can make up more than a quarter of the portfolio. A small portion of the fund may also be held in stable, low-risk instruments such as money market products, high-grade bonds, or ETFs, in both U.S. dollars and foreign currencies.
