HDIV Stock, Exchange Listed Funds Trust - QRAFT AI-Enhanced U.S. High Dividend ETF Information
Stock Information
| Company Name: | Exchange Listed Funds Trust - QRAFT AI-Enhanced U.S. High Dividend ETF |
| Stock Symbol: | HDIV |
| Market: | NYSE |
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About Exchange Listed Funds Trust - QRAFT AI-Enhanced U.S. High Dividend ETF
The investment objective of HDIV is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a multiple of the performance of a rules-based, equal-weighted, diversified by sector index of Canadian covered call exchange traded funds. Specifically, the ETF seeks to replicate a 1.25 times multiple of the Solactive Canadian Multi-Sector Covered Call ETFs Index (or any successor thereto). HDIV will seek to achieve its investment objective by borrowing cash to invest in and hold a proportionate share of, or a sampling of the constituent securities of, the Solactive Canadian Multi-Sector Covered Call ETFs Index in order to track approximately 1.25x the performance of such Index.