Invictus S&P 500 Equal Weight Swap ETF

The Invictus S&P 500 Equal Weight Swap ETF is an exchange-traded fund designed to track the performance of the S&P 500 Equal Weight Index. Unlike traditional market-cap weighted indices, this fund allocates equal investment weight to each of the 500 companies in the S&P 500. Its primary purpose is to offer investors a more diverse exposure to the U.S. large-cap equity market, allowing smaller companies within the index to have an equal impact as the larger ones. This strategy can potentially lead to different risk and return profiles compared to its market-cap weighted counterpart. This fund utilizes derivative instruments, such as swaps, to execute its strategy and provide returns closely aligned with the index it tracks. By doing so, the fund seeks to offer efficient cost structures and tax advantages inherent to swap-based products. The Invictus S&P 500 Equal Weight Swap ETF holds significance in the market by providing an alternative approach to investing in a broad representation of U.S. companies, appealing to investors seeking to mitigate the concentration risk associated with large-cap weighted indices.