Mast HedgeIndex Adaptive Equities ETF (HXE) Stock Price, Quote, News & History | Benzinga

To achieve its investment objective by utilizing an adaptive macro-strategy to allocate across global equity markets. The Fund invests, under normal circumstances, at least 80 percent of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities include common stock, preferred stock, warrants and rights, investment company securities, real estate investment trusts (REITs), American Depository Receipts (ADRs), European Depository Receipts (EDRs), Global Depository Receipts (GDRs) and equity-related derivatives, such as futures, forwards, exchange-traded and over-the-counter put and call options (both covered and uncovered) and swaps, that provide exposure to such investments. The Fund may invest up to 20 percent of its assets in a broad range of instruments, including bonds, currencies, futures, forwards, exchange-traded and over-the-counter put and call options (both covered and uncovered) and swaps. There are no geographic limits on the Funds holdings, and the Fund may have exposure to U.S. and non-U.S. securities and currencies.