Murekha Select S&P 500 Equity portfolio

Objective:

The objective of the S&P 500 fund is to provide investors with investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index. The fund seeks to achieve broad market exposure, long-term capital growth, and diversified holdings by passively replicating the composition and performance of the 500 leading U.S. companies across various sectors.

The objective of an S&P 500 fund is to replicate the performance of the S&P 500 Index, which tracks the stock performance of 500 of the largest, most established publicly traded companies in the U.S.

In more detail, the objective typically includes:

• Tracking the S&P 500 Index: The fund aims to mirror the price and yield performance of the S&P 500 as closely as possible.

• Passive Management: Most S&P 500 funds are passively managed index funds or ETFs (like the Vanguard 500 Index Fund or SPDR S&P 500 ETF), meaning they invest in the same companies in the same proportions as the index.

• Long-term Growth: The fund is designed for investors seeking long-term capital appreciation, not quick gains or income through dividends (though it does provide some dividends).

• Diversification: By investing in 500 companies across different sectors, the fund spreads out risk.