The HNDL fund primarily invests in the NASDAQ 7 HANDL™ Index, dedicating a minimum of 80% of its total assets to the index's constituents. This index is uniquely constructed entirely from exchange-traded funds (ETFs) and features a dual structure. It is evenly split into two distinct parts: a "Core Portfolio," which comprises 50% of its allocation and focuses on fixed income and equity ETFs, and an "Explore Portfolio," making up the remaining 50%, which is diversified across ETFs from 12 different asset categories.