does the stated fund invest directly in stocks itself or it just invests in another fund of the US? in prospectus it says that it is a baby fund that will invest in mother fund, what exactly does this line mean?
plus the similar fund rakuten s&p500 is also similar with lesser fee? while checking upon prospectus it is also a baby fund investing in mother fund but in its holding it has iShares Core S&P 500 ETF so it invests in two similar s&p funds? or??
by Foreign-Carpet-8715