DEMZ tracks an index of roughly 50 stocks, selected from the S&P 500 Index, where the companies and top executives donate 75% of political contributions to Democratic Party candidates and political action committees. A companys political contributions are those listed in federal regulatory filings and crossed referenced with contribution data obtained from the Federal Election Commission. A financial model is used to create a profile for each of the companies that meet the selection criteria to determine its individual weight in the index. To minimize differences between the underlying index and the S&P 500, no position will be added to the index with a higher than 5% allocation and sector exposure cannot deviate from the S&P 500 +/- 5% at the beginning of each quarter. The index is reconstituted and rebalanced quarterly. Prior to April 14, 2021, the index was named DEMZ Political Contribution Index. Also, prior to March 5, 2021, the fund was named DEMZ Political Contributions ETF.
公司网站 :
https://demz.fund/
总经理:-
建立时间:2020
公司总部:Democratic Large Cap Core ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds