The Fund seeks to provide investors with investment results that correspond generally to the price and yield of an equity index called the NASDAQ US High Equity Income Index (the Index). The fund invests primarily in equity securities that are included in the index. The fund attempts to replicate, before fees and expenses, the performance of the index. The Investment Manager will seek to do this by replicating so far as possible the investments in the Index. The Index is a modified value-weighted index designed to objectively select dividend paying stocks from the NASDAQ US Benchmark Index.