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The investment seeks to track the investment results (before fees and expenses) of the AlphaShares China Real Estate Index (the index). The fund generally will invest at least 90% of its total assets in the securities (including ADRs and GDRs) that comprise the index. The index is comprised of REITs and equity securities of publicly-traded companies that derive a majority of their revenues from real estate development, management and/or ownership of property in China or the Special Administrative Regions of China (Hong Kong and Macau), ADRs, and GDRs. The fund is non-diversified.
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