Defiance AI Magnificent 10 ETF
The index tracks the performance of 10 publicly-listed equity securities operating across the most critical business verticals of the AI value chain. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in AI Magnificent 10 Companies and/or financial instruments (such as options and swaps) that provide indirect exposure to AI Magnificent 10 Companies. It is non-diversified.