Zacks Quality International ETF(AMEX:QUIZ)

QUIZ seeks to generate positive risk-adjusted returns. It provides exclusive exposure to equity securities in developed markets across the globe. The fund primarily targets approximately 75 to 250 companies, within the mid- to large-cap spectrum, based on a proprietary quantitative model mixed with qualitative evaluation. It may also hold other open-end and closed-end funds and exchange-traded funds (ETFs). The fund specifically excludes North American companies, consistent with its initial investment universe. It also aims to outperform its benchmark index, a characteristic of actively managed funds. The portfolio is rebalanced monthly.