LUXX

About LUXX

The underlying index comprises equity shares from both domestic and international companies. These firms, which can be of any market capitalization, are primarily involved in manufacturing, distributing, or offering high-end luxury products and services. Typically, the fund allocates a minimum of 80% of its net assets—including any capital borrowed for investment—to the securities that constitute the index or to other instruments, such as American Depositary Receipts (ADRs), that exhibit similar economic attributes. By regulatory definition, this fund is considered non-diversified.