The investment seeks to track the investment results (before fees and expenses) of the NASDAQ US Dividend AchieversTM 50 Index (the "underlying index").
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. includes common stocks in the underlying index that have a consistent record of dividend increases, principally on the basis of dividend yield and consistent growth in dividends.
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