SHPP

SHPP is passively managed to invest in globally listed stocks and depositary receipts of industrials and logistics companies. The fund includes firms that derive at least 50% of their revenue from: (i) transportation, such as air, ocean, and rail freight, trucking, and other courier services, (ii) software, including transportation management services and logistics software, (iii) hardware, such as robotics and forklifts, or (iv) consultation services that support global supply chains. The selection process starts with companies that meet size and liquidity criteria. Eligible firms are then screened based on descriptions of a company's business activities in regulatory filings, analyst reports, website, and industry-specific trade publications. Holdings are weighted by market-cap, subject to a 10% single security capping. In addition, the aggregate weight of constituents with over 4.5% allocation is capped at 45%. The index reconstitutes and rebalances annually.