VDC

The fund delivers pure-play consumer staples exposure with a broad and representative basket of consumer staples stocks, as classified under GICS. It tracks an all-cap index selected and weighted by market capitalization. To ensure diversification, the index applies certain investment limits with no more than 25% of the value to a single issuer, and the sum of the weights of all issuers with more than 5% not exceeding 50% of total assets. These limits are imposed on RICs under the current US Internal Revenue Code. The index is rebalanced quarterly.