
See exactly how ERBIX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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Under ordinary circumstances, the fund commits a minimum of 80% of its net assets (inclusive of any capital acquired through borrowing for investment purposes) to equity securities or financial instruments that offer exposure to the equity markets. Up to 20% of its portfolio may be strategically allocated to fixed-income instruments, which can include debt securities rated below investment grade or unrated equivalents (commonly referred to as 'junk' bonds), other types of fixed or floating-rate income-generating assets, and/or various currencies. Moreover, the fund faces no limitations on the…
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