The fund seeks to track the performance of the Nasdaq-100 Index which includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The Index measures the performance of 100 of the largest US and international non-financial stocks listed on the NASDAQ Stock Market which comply with size and liquidity criteria. The Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Income is reinvested into the fund.