VMAT ISSUER
The VMAT issuer, known as The Fund, aims to mirror the performance of the MSCI World ESG Materiality and Carbon Transition Select Index, developed by MSCI Inc., through a passive investment strategy managed by V-Square Quantitative Management, LLC. This strategy involves investing at least 80% of its net assets in companies included in the MSCI Index, which encompasses developed markets worldwide, emphasizing those leading the transition to low carbon emissions. The index construction process involves rigorous exclusions, such as companies involved in controversial weapons, tobacco, thermal coal mining, and unconventional oil & gas, among others, and a ranking system based on SASB-aligned ESG scores. Selection criteria prioritize market capitalization within sectors, while weighting considers companies' positions in the low carbon transition. By replicating the index, the Fund seeks to mitigate risks associated with active management while offering potential cost efficiencies and tax advantages. Additionally, the Fund maintains a diversified portfolio, adhering to regulatory guidelines, and aiming to provide broad exposure across sectors and industries.
VMAT DIVIDEND
VMAT Dividend, as an investment vehicle, strives to track the performance of a dividend-focused index, seeking to provide investors with exposure to dividend-paying companies. Employing a passive investment approach managed by V-Square Quantitative Management, LLC, VMAT Dividend aims to replicate the investment results, before fees and expenses, of its designated index. This strategy involves allocating a significant portion of its assets to dividend-yielding stocks, which may offer income potential and stability to investors. The index construction process may involve screening for companies with consistent dividend payment histories, strong financial fundamentals, and attractive dividend yields. By adhering to the index methodology, VMAT Dividend aims to offer investors a straightforward way to access dividend-paying equities while potentially mitigating the risks associated with active stock selection.
VMAT TRACKING
VMAT Tracking is designed to mirror the performance of a specific market index, utilizing a passive investment strategy managed by V-Square Quantitative Management, LLC. The primary objective of VMAT Tracking is to replicate the investment results, before fees and expenses, of its chosen index. This approach involves investing a substantial portion of its assets in the constituent securities of the target index, aiming to closely track its movements over time. By employing a passive strategy, VMAT Tracking seeks to provide investors with exposure to a broad market or specific sector while minimizing the risks associated with active management, such as potential underperformance or higher costs. Additionally, the fund may employ techniques to optimize tracking, such as minimizing tracking error and managing cash flows efficiently. Overall, VMAT Tracking offers investors a straightforward and cost-effective way to gain diversified exposure to the market or sector tracked by its designated index.
VMAT CORRELATION
VMAT Correlation aims to replicate the performance of a particular benchmark index through a passive investment approach overseen by V-Square Quantitative Management, LLC. The primary objective of VMAT Correlation is to closely correlate with the investment results, before fees and expenses, of its designated index. This strategy involves investing a significant portion of its assets in securities that mirror the composition of the benchmark index, thus aiming to closely track its movements over time. By adopting a passive strategy, VMAT Correlation seeks to provide investors with exposure to the market or sector represented by its chosen index while mitigating the risks associated with active management, such as potential deviation from the index's performance or higher costs. Additionally, the fund may employ techniques to optimize correlation, such as adjusting holdings to match the index's weightings and characteristics. In essence, VMAT Correlation offers investors a straightforward and efficient means to gain exposure to the specific market or sector tracked by its designated benchmark index.
VMAT SECTOR
VMAT Sector is structured to emulate the performance of a specific sector index using a passive investment methodology managed by V-Square Quantitative Management, LLC. The primary aim of VMAT Sector is to replicate, before fees and expenses, the investment results of its designated sector index. This strategy involves allocating a significant portion of its assets to securities within the targeted sector, seeking to mirror the sector's performance over time. By employing a passive strategy, VMAT Sector seeks to provide investors with focused exposure to a particular industry or segment of the market while potentially reducing the risks associated with active management, such as inconsistent stock selection or higher costs. Furthermore, the fund may employ techniques to optimize sector replication, ensuring that it closely tracks the movements and characteristics of its designated sector index. Ultimately, VMAT Sector offers investors a straightforward and efficient means to gain targeted exposure to a specific sector's performance within the broader market.
VMAT EXPOSURE
VMAT Exposure is meticulously crafted to replicate the performance of a designated market exposure index through a passive investment strategy overseen by V-Square Quantitative Management, LLC. The primary objective of VMAT Exposure is to closely mirror, before fees and expenses, the investment outcomes of its chosen exposure index. This approach involves investing a substantial portion of its assets in securities that mirror the composition and characteristics of the target exposure index, aiming to track its movements over time. By adopting a passive strategy, VMAT Exposure seeks to provide investors with comprehensive exposure to specific market themes, sectors, or investment strategies while mitigating the risks associated with active management, such as potential deviation from the exposure index's performance or higher costs. Additionally, the fund may employ techniques to optimize exposure replication, ensuring alignment with the index's objectives and characteristics. In essence, VMAT Exposure offers investors a straightforward and efficient means to gain targeted exposure to specific market themes or investment strategies within their portfolio.
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