The fund manager employs a "passive management" (or indexing) investment approach designed to track the total return performance, before fees and expenses, of the index. The fund invests in various types of U.S. publicly traded ETFs that comprise the index ("Underlying ETFs") and therefore operates as a "fund-of-funds." The fund is non-diversified.
Research context
AlphaDroid Defensive Sector Rotation ETF appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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