U.S. Equity Cumulative Dividends Fund Series 2027 Shares (IDIV) ETF
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U.S. Equity Cumulative Dividends Fund Series 2027 Shares (IDIV) ETF Bio
The investment objective of the Metaurus US Equity Cumulative Dividends Fund seeks to give the performance of dividends paid out on companies in the S&P, while giving them the option not to hold equity in S&P companies. IDIV tracks the Solactive Dividend Index and invests exclusively in S&P 500 Dividend Futures Contracts. The value of the S&P 500 Dividend Futures Contracts, on which the value of the Dividend Fund will be based, will increase if the dividends paid (or expected to be paid) by S&P 500 constituent companies increases, and decrease if expectations decline.