Select STOXX Europe Aerospace & Defense ETF
Cboe: EUAD
Listed October 22, 2024
The Select STOXX Europe Aerospace & Defense ETF (the Fund) seeks to provide investment results that, before fees and expenses, track the total return performance of the STOXX Europe Total Market Aerospace & Defense Index.
The Fund invests at least 80% of its total assets in the component securities of the Index. The Fund uses a passive or indexing approach to try to achieve its investment objective. Unlike many investment companies, the Fund does not try to beat the Index and does not seek temporary defensive positions when markets decline or appear overvalued. The Fund will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in exchange listed common stock or American Depository Receipts (ADRs) of companies headquartered in Europe who derive at least 50% of their revenue from the manufacture, service, supply and distribution of aeronautical equipment, components, hardware, software or electronic systems; and equipment, systems, components, infrastructure support services, and hardware, software and electronics that directly support civil and military defense efforts.
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About Tuttle Capital Management
Tuttle Capital Management LLC is an innovative ETF issuer that focuses on first of its kind products primarily aimed at retail investors.