The investment seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Dynamic Utilities Intellidex(SM) index. The fund normally invests at least 80% of total assets in common stocks of utilities companies. In pursuit of its objective, it may invest at least 90% of total assets in common stocks that comprise the Utilities Intellidex. The Utilities Intellidex is comprised of stocks of 30 U.S. utilities companies. It is nondiversified.
