This exchange-traded fund (ETF) generally allocates its investments to the underlying securities that constitute its benchmark index. The purpose of this index is to mirror the performance of enterprises active across the entire metallurgical ('met') and thermal coal sectors. These 'Coal Companies' are engaged in various facets of the industry, including production, exploration, development, transportation, and distribution of coal. Under typical market conditions, the fund commits a minimum of 80% of its net assets to the securities of these coal-related businesses. Notably, this fund is categorized as non-diversified.
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