The fund seeks to achieve its objective by investing in stocks of approximately 150 distinct companies included in the S&P 500 ® Index. It may invest in a combination of exchange-traded funds (“ETFs”) to assist with fund rebalances and to meet redemption or purchase requests. The fund may invest in financial futures, a type of derivative, to obtain market exposure consistent with the fund’s investment objective and strategies, to provide liquidity for cash flows, to hedge dividend accruals or for other purposes that facilitate meeting the fund’s objective.