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Financial Highlights
 12 Months Ended
Dec. 31, 2019
Investment Company, Financial Highlights [Abstract]  
FINANCIAL HIGHLIGHTS

NOTE 7 – FINANCIAL HIGHLIGHTS

 

Financial Highlights

 

Twelve Months Ended December 31, 2019

  

   NAV
Beginning
of Period		   Net
Investment
Income/Loss*		   Net
Realized
and
Unrealized
Gain/Loss		   Total
from
Operations		   Distributions
from Net
Investment Income		   Total
Distributions		   NAV
End
of Period		   Total
Return(1)		   Market
Price		   Net Assets
End of
Period (000)		   Ratio of
Expenses
to Average
Net Assets (3)		   Ratio of
Expenses
to Average
Net Assets
(Excluding
Waivers) (3)		   Ratio of
Net Investment
Income/Loss to
Average
Net Assets (3)		   Portfolio
Turnover (2)		 

U.S. Equity Cumulative Dividends Fund─Series 2027

                                             
2019  $11.32   $0.13   $1.70   $1.83   $(1.30)  $(1.30)  $11.85    16.72%  $11.88   $24,291    0.84%   1.51%   1.10%   27%
                                                                       

U.S. Equity Ex-Dividend Fund─Series 2027

                                             
2019  $49.98   $0.83   $16.54   $17.37   $-   $-   $67.35    34.75%  $67.04   $26,942    0.76%   1.02%   1.38%   0%

 

*Per share data calculated using average shares method.

 

(1) Total return is for the period indicated and has not been annualized.

 

(2) Portfolio turnover rate is for the period indicated and has not been annualized.

 

(3) Annualized

 

Amounts designated as “-” are $0. 

 

Financial Highlights

For the Period from January 17, 2018 (commencement of operations) to December 31, 2018

 

   NAV
Beginning
of Period		   Net
Investment
Income/Loss*		   Net
Realized
and
Unrealized
Gain/Loss		   Total
from
Operations		   Distributions
from Net
Investment
Income		   Total
Distributions		   NAV
End
of Period		   Total
Return(1)		   Market
Price		   Net Assets
End of
Period (000)		   Ratio of
Expenses
to Average
Net Assets (4)		   Ratio of
Expenses
to Average
Net Assets
(Excluding
Waivers) (4)		   Ratio of
Net Investment
Income/Loss to
Average
Net Assets (4)		   Portfolio
Turnover (2)		 
U.S. Equity Cumulative Dividends Fund─Series 2027                            
2018 (3)  $13.73   $0.11   $(1.39)  $(1.28)  $(1.13)  $(1.13)  $11.32    -10.08%  $11.33   $4,527    1.75%   7.24%   0.86%   20%
                                                                       
U.S. Equity Ex-Dividend Fund─Series 2027                                            
2018 (3)  $51.48   $0.15   $(1.65)  $(1.50)  $-   $-   $49.98    -2.91%  $49.63   $12,496    1.59%   2.65%   0.28%   0%

 

*Per share data calculated using average shares method.

 

(1)Total return is for the period indicated and has not been annualized.

 

(2)Portfolio turnover rate is for the period indicated and has not been annualized.

 

(3)From commencement of operations, January 17, 2018 (commencement of operations) through December 31, 2018.

 

(4)Annualized

 

Amounts designated as “-” are $0.