The Portfolio seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Workplace Equality IndexTM (ticker symbol LGBTEQLT) (the "Index").
The Portfolio is designed as an investable benchmark for workplace equality.
- It employs a "passive management" - or indexing - investment approach, which is structured to track the performance of the Workplace Equality IndexTM. The Index is designed to provide a means of tracking the performance of companies which support workplace equality for lesbian, gay, bisexual and transgender ("LGBT") employees.
- It consists of approximately 250 publicly-traded stocks (as of Apr 21, 2017) of U.S. and foreign companies that support equality for LGBT employees through their workplace practices, including non-discrimination policies regarding sexual orientation and gender identity and providing full benefits for same-sex spouses, domestic partners and transgender individuals.
- Stocks must be traded on an exchange and must have a minimum market capitalization of at least $250 million and a minimum average daily trading volume of $2 million in the prior three months to be included in the Index.
- The stocks in the Index are weighted equally as of each rebalance date. The Index is rebalanced quarterly, on the third Friday of March, June, September and December. The Index is reconstituted annually on the third Friday of each December.
For more information on the Workplace Equality IndexTM visit www.workplaceequalityindex.com. For information on Denver Investments, visit www.denvest.com.