Seeks to track, before fees and expenses, the FactSet Pet Care Index. The Index consists of U.S. and international companies that potentially stand to benefit from interest in, and resources spent on, pet ownership. To be eligible, a company must meet at least one of the following criteria: The company's principal revenue source is from one of eight FactSet Revere Business Industry Classification subindustries—"RBICS subindustries" for short; or The company generates at least $1 billion in annual revenue from at least one of the eight RBICS subindustries; or The company's principal business is identified by FactSet as being pet care related, but for which an appropriate RBICS subindustry has not yet been created (e.g., pet insurance). The companies whose principal revenue source comes from pet care related products or services will make up 82.5% of the portfolio, while companies that generate $1 billion or more (but not a principal source) of their revenue from RBICS categories will make up 17.5% of the index.
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