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| Exchange | NASDAQ |
|---|---|
| CurrencyCode | USD |
| Beta | 1.0 |
|---|---|
| Market Cap | None |
| PE Ratio | None |
| Target Price | None |
| Dividend Yield | None |
The index was established in 2023 by Range Fund Holdings and tracks the performance of a portfolio of U.S. exchange-listed pharmaceutical or biotechnology stocks or American Depositary Receipts ("ADRs") with a market capitalization of more than $250 million. The advisor attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund"s total assets will be invested in the component securities of the index.
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