Next Generation Internet ETF to Invest in Domestic and Foreign Equities
AI-Generated Summary
The newly launched ETF focuses on next generation internet companies, investing primarily in domestic and foreign equity securities while operating as a non-diversified fund.
The new fund is an actively-managed exchange-traded fund (ETF) designed to focus on investments in the realm of next generation internet technologies. The fund aims to allocate at least 80% of its assets to both domestic and foreign equity securities of companies that align with this investment theme.
In typical circumstances, the majority of the fund's assets will be concentrated in equity securities. This includes various forms of investments such as common stocks, partnership interests, business trust shares, and other equity investments. Additionally, it is important to note that the fund operates as a non-diversified entity.
