The Fund seeks investment results that correspond generally to the price and yield performance of an index called the New Frontier Global Dynamic Balanced Index. The fund will normally invest at least 90% of total assets in the Underlying Index. It is a "fund of funds," as it invests assets in the securities of funds included in the Underlying Index, which includes underlying funds rather than individual securities. It targets an allocation of 60% towards equities and 40% towards fixed income securities. The fund will invest in ETFs to achieve the target allocation. It is non-diversified.
