CYBER HORNET S&P 500 and Ethereum 75/25 Strategy ETF (EEE) Stock Price, Quote, News & History | Benzinga

To achieve its primary investment objective The Fund seeks to replicate, before fees and expenses, the total return of the S&P 500 and S&P Ethereum 75/25 Blend Index (the Index). The Index measures the weighted return performance of a multi-asset strategy comprising two underlying indexes, a 75 percent weight in the S&P 500 Index and a 25 percent weight in the S&P Ethereum Index. Accordingly, in seeking to track the Index, the Fund will invest approximately 75 percent of its assets in a portfolio of common stocks that are included in the S&P 500 Index and will invest directly in Ether, so that the total value of the Ether to which the Fund has economic exposure is approximately 25 percent of the assets of the Fund. S&P Dow Jones Indices LLC (S&P DJI or the Index Provider) compiles, maintains, and calculates the Index and each of the S&P 500 Index and the S&P Ethereum Index. The Index is rebalanced monthly, and accordingly, the Fund seeks to maintain the 75 percent/25 percent allocations by also rebalancing these allocations monthly. However, price fluctuations in the underlying assets and other factors, such as the Funds cash position, may cause these allocations to vary at any time. The Adviser reserves the right to rebalance the Funds allocations more frequently than monthly in periods of significant price volatility or less frequently than monthly to save on trading costs or during periods of low volatility. The Adviser may rebalance the Funds allocations on any day of the month. Such rebalancing decisions are made to reduce tracking error and enhance after-fee performance relative to the Index.