OBOR

OBOR targets companies likely to benefit from China's One Belt, One Road initiative, which is a framework adopted by the Chinese government to emphasize cooperation and connection between China and other Eurasian countries. More specifically, the fund's underlying index targets companies that stand to profit from China's infrastructure spending. The portfolio allocates 45% of its weight to Chinese companies and 55% to non-Chinese companies. Within each category, individual constituents are market-cap weighted, with individual countries (other than China) capped at 10%.