NYSE ARCA | ETF
The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy.
Under normal market conditions, it will invest at least 80% of its net assets (including borrowings for investment purposes) in the constituents of the index and in financial instruments with economic characteristics similar to such constituents such as swaps on such constituents.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SRC | Spirit Realty Capital Inc | Real Estate | REIT - Diversified | 6.47% |
| ABCM | Abcam PLC | Healthcare | Biotechnology | 6.36% |
| SPLK | Splunk Inc | Technology | Software - Infrastructure | 6.31% |
| PXD | Pioneer Natural Resources Co | Energy | Oil & Gas E&P | 6.20% |
| HES | Hess Corporation | Energy | Oil & Gas E&P | 6.18% |
| SGEN | Seagen Inc | Healthcare | Biotechnology | 4.93% |
| SOVO | Sovos Brands Inc | Consumer Defensive | Packaged Foods | 4.50% |
| MRTX | Mirati Ther | Healthcare | Biotechnology | 4.37% |
| OLK | Olink Holding AB ADR | Healthcare | Diagnostics & Research | 4.34% |
| HZNP | Horizon Pharma PLC | Healthcare | Drug Manufacturers - General | 4.18% |
| DEN | Denbury Resources Inc | Energy | Oil & Gas E&P | 3.94% |
| NATI | National Instruments Corporation | Technology | Software - Application | 3.92% |
| NEWR | New Relic Inc | Technology | Software - Application | 3.90% |
| DPH | Dechra Pharmaceuticals PLC | Healthcare | Drug Manufacturers - General | 3.89% |
| RETA | Reata Pharmaceuticals Inc | Healthcare | Biotechnology | 3.85% |
| MMP | Magellan Midstream Partners LP | Energy | Oil & Gas Midstream | 3.60% |
| AMED | Amedisys Inc | Healthcare | Medical Care Facilities | 3.51% |
| CHS | Chicos FAS Inc | Consumer Cyclical | Apparel Retail | 3.36% |
| SP | SP Plus Corp | Industrials | Specialty Business Services | 3.36% |
| NWLI | National Western Life Insurance Co | Financial Services | Insurance - Life | 3.32% |