SMECFX E-Commerce Ecosystem Trust
The trust seeks to provide investors with total return potential through capital appreciation and dividend income. There is no guarantee that the investment objective of the trust will be achieved.
The trust seeks to achieve its objective through investment in equity securities of companies that trade on a U.S. exchange. The sponsor selected equity securities of companies in the E-Commerce industry which it defines as companies that are part of the “E-Commerce Ecosystem.” The E-Commerce industry is broadly defined by the sponsor as the companies involved in the full cycle of buying and selling of goods and services electronically. By extension, the “E-Commerce Ecosystem” is defined by the sponsor as the network of interconnected functions that comprise the full cycle of the buying and selling of goods and services electronically.