|The investment seeks to replicate, net of expenses, the SPECTRUM Large Cap U.S. Sector Momentum Index. The index tracks the value of a notional portfolio composed of the ten sub-indices of the S&P 500. It is based on the relative weights of the sub-indices within the index. The weights of the sub-indices that outperform the S&P 500 Total Return Index are increased in the index, which weights of the sub-indices that underperform are reduced. |
While this is a low volume ETF, and certainly not for the faint of heart, its price action more than warrants a message board, with regular spikes in price, that have no doubt made fortunes for some. It is my hope that intelligent dialogue comes from the creation of this board, in particular, to what influences the regular monster spikes in price.