REDV

This investment vehicle seeks to mirror the returns (prior to fees and expenses) of the FTSE Custom Emerging Ultra Dividend Revenue Index, often referred to as the 'underlying index'. The fund typically allocates a minimum of 90% of its total assets to the securities that constitute this underlying index, along with American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) representing those identical securities. Notably, the underlying index itself is comprised of a subset of equity holdings from the broader FTSE Emerging Index. This overarching index is specifically designed to track the performance of the most actively traded large and mid-capitalization companies situated in emerging market nations. It's important to note that this fund is classified as non-diversified.