The fund offers efficient exposure to the heavyweights in the US industrials sector. It tracks an index comprising of a broad range of industries including aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, marine, road and rail, etc. The fund selects from the S&P 500, limiting its small- and mid-cap exposure and producing a more concentrated portfolio. To achieve its investment objective, the fund may invest directly in the index constituents securities or hold other securities with similar investment profiles through a sampling strategy. It may also use derivatives, enter securities lending and repurchase agreements, and engage in short selling to maximize its returns. The constituents are market cap-weighted with quarterly index rebalancing.