Seeking Alpha
 

Guggenheim/Morningstar Information Super Sector Index Fund ETF (MZN)

- NYSE
MZN is defunct since December 17, 2010. Delisted due to lack of interest
MZN Description
The Guggenheim/Morningstar Information Super Sector Index ETF (the "Fund") seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Morningstar Information Super Sector Index (the “Information Super Sector Index” or “Index”). The Fund will at all times invest at least 90% of its total assets in securities that comprise the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of the component securities that comprise the Index. Guggenheim Advisors, LLC (the "Investment Advisor") seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. A figure of 1.00 would represent perfect correlation. The Fund, using a low cost “passive” or “indexing” investment approach, will seek to replicate, before expenses, the performance of the Information Super Sector Index. The Index is designed to identify and track companies in industries that support and facilitate the exchange of ideas and information as a basis for commerce. Eligible Index securities include the total investable universe of the software, hardware, media and telecommunications sectors. Morningstar Inc. (“Morningstar” or the “Index Provider”) classifies companies into the industry that best reflects each company’s underlying business activities based on the largest source of revenue and income. Industry classification is based on publicly available information about each company, and is primarily obtained from such company’s annual report and Form 10-K. The securities in the universe are selected using a proprietary methodology developed by Morningstar.
See more details on sponsor's website
Sector: Technology
Country: United States
Key Info
Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub