Fund Description

The fund uses an indexing approach designed to track the MSCI US Investable Market Index (IMI)/Industrials 25/50, which comprises stocks of large-, mid-, and small-cap U.S. companies in the industrials sector as classified under GICS. The sector includes manufacturers and distributors of capital goods such as aerospace and defense, building products, electrical equipment and machinery; providers of construction and engineering services; commercial and professional services such as printing, environmental and facilities services, office services and supplies, security and alarm services, human resources and employment services, and research and consulting; and transportation services. It seeks to replicate the index by investing all, or substantially all, assets in index stocks in approximately the same weights as the index.