Business Description
This fund puts the vast majority of its money into shares of large, fast-growing companies listed on the Nasdaq Stock Market, tracking the Nasdaq-100 Index while leaving out a small number of excluded businesses. The Nasdaq-100 covers around 100 of the biggest non-financial companies on Nasdaq, drawn from both the United States and abroad. The fund is concentrated by nature, meaning it does not spread its holdings across a wide range of sectors or companies.