Day Hagan Smart Sector International ETF (SSXU) Stock Price, Quote, News & History | Benzinga

The Fund's investment advisor, Day Hagan Asset Management (the Advisor) actively manages the Fund's portfolio using proprietary investment models co-developed with Ned Davis Research (NDR). The Fund is considered a fund of funds that under normal market conditions seeks to achieve its investment objective by principally investing in unaffiliated international equity exchange traded funds (ETFs). The Fund will attempt to exceed returns of the MSCI ACWI ex USA Index (the Index) by overweighting and underweighting its exposure to geographic locations relative to the Index and may also invest in geographic regions not represented in the Index. The Fund may reduce its overall exposure to ETFs from time to time as determined by its risk management model as discussed further below. The Index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of developed and emerging markets countries excluding the U.S. As of May 312022 the Index consisted of securities of 22 developed countries (excluding the US) and 25 emerging markets countries.