SMDWRX Dorsey Wright International Momentum Trust
The trust seeks to provide investors with the possibility of capital appreciation. There is no guarantee that the investment objective of the trust will be achieved.
The trust seeks to achieve its objective through investment in a portfolio primarily consisting of equity securities of foreign companies. The portfolio was selected by Dorsey, Wright & Associates, LLC, the portfolio consultant, based primarily on relative strength (momentum). A relative strength strategy measures each security’s market price performance compared to a broad market benchmark or the other securities in the investment universe.