VanEck Consumer Discretionary TruSector ETF (TRUD) Stock Price, Quote, News & History | Benzinga

The Fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80 percent of its total assets in equity securities of consumer discretionary-related companies or instruments that provide exposure to consumer discretionary-related companies as determined by the Adviser. For purposes of this policy, the term assets means net assets plus the amount of any borrowings for investment purposes. Such companies may include those in the following industries: specialty retail, broadline retail (e.g., one stop shop retailers), hotels, restaurants and leisure, textiles, apparel and luxury goods, household durables (e.g., durable goods that typically last for three years or more), automobiles, automobile components, distributors (e.g., the movers of goods from manufacturers or suppliers to retail stores), leisure products, and diversified consumer services.